5 Tips to Prepare Your Rental Property for Tenants

Posted by Axford Real Estate and Property Management Group on January 12th, 2021

Securing a tenant for your rental property is exciting. However, it also entails some work. You don’t want to lose the tenant so soon after they just moved in. Your goal should be to ensure that your tenants will want to stay long in the property. That way, you can avoid having to look for new tenants, which can cost you more money.

Here are the things that you can do to prepare your property for the new tenants:

1. Clean the property.

Nobody wants to move into a dirty property. While your tenants will most likely do some cleaning when they move in, it’s good to have the property prepared for them already so they can unpack right away. It’s courteous to have the house vacuumed and all surfaces cleaned.

You can assign someone to do the cleaning. Make sure the important parts of the house are cleaned properly and that also includes the yard. Your tenants will also know that you take good care of the property.

2. Make sure you repair all damages.

Repairing damages is a part of property management in Coquitlam. You need to make sure that your tenants will not be hassled with a dripping faucet or a broken door. Before your tenant moves in, inspect the property, and look for damages. Fix them right away.

This is also a good step when it comes to Property Management in Coquitlam because it also allows you to set the property in good condition so that if the tenants left behind some damages, you would know.

3. Consider updating the interior décor.

Changing the interior décor such as replacing ugly wallpapers or repainting the home can be a good step in getting more tenants. Your tenants will also like to stay longer in a property that they deem beautiful.

You don’t need to spend so much money on updating the interior décor. You can try sourcing furniture from flea markets and just refurbish them or repaint them.

4. Have the heating, plumbing, and electrical system maintained.

These are the important parts of the home. If they are damaged or malfunctioning, your tenants will not also function well. Make sure you go through the usual heating, plumbing, and electrical system maintenance.

5. Go over the lease terms.

There might be some terms and conditions in the lease agreement that you need to update. It’s a good idea to talk to an expert in property management such as Axford Real Estate & Property Management Group. They can also help you in coming up with a good lease agreement to ensure that it corresponds with tenancy laws.

Go over the house rules with your tenants. Make sure they understand the lease agreement and that they know when and how to pay for their rent.

Jason Harris is the author of this article. For more details about Property Management Maple Ridge please visit our website: axfordpropertymanagement.com