Landlords need to invest time and money to prepare for a rental property showing. Filling vacancies quickly affect the bottom line. The longer the unit stays empty, the less rent revenue the landlord enjoys. Here are some quick and easy things landlords can do to prepare for a rental property showing.
Clean Inside
The most ideal tenant will leave the rental property in the same pristine condition as when they moved in. Unfortunately, this is not reality. Standard wear and tear require landlords to clean the inside of the property. Investing in a cleaning service will save landlords time with this chore. Once the unit is cleaned, landlords can address maintenance issues.
Renovate/Fix
With a clean unit, landlords can focus on areas of renovations or improvements. For example, replacing flooring or appliances, repairing plumbing, or painting walls will freshen up the look and feel of the property. Similar to a cleaning service, landlords can schedule painters, electricians, and plumbers to address areas of concern.
Clean Outside
First impressions can be a deal breaker. If a prospective tenant cannot get past the exterior of the rental property, then the landlord loses a potential tenant. Landlords can hire lawn maintenance services to ensure the exterior of the property is in pristine condition. Cutting the grass, trimming trees, and power washing the building are simple steps that can create a clean and positive impression.
Stage to Prepare for a Rental Property Showing
For many, it is much easier to visualize a room when it is furnished. Landlords can help tenants make a decision by staging the property. In these cases, landlords can hire companies that take care of decorating the property so tenants can get a feel of how it would be to live in.
Conclusions
Landlords should keep track of the expenses involved when they prepare for a rental property showing. Using landlord accounting software like RentalIncomeExpense.com make it easier to track many of these expenses that can be deducted at tax time.