Getting a rental property move-in ready takes some time and effort, but it’s an important process if you want to attract quality tenants. Follow this quick guide to learn the key steps to prepare your property for renters.
Deep Clean the Entire Property
A thorough, deep clean throughout the entire property is essential to make a great first impression on prospective tenants. Be sure to wipe down all surfaces, vacuum floors, shampoo carpets, scrub the kitchen and bathrooms, dust furniture and window treatments, and clean inside cabinets and drawers. Consider hiring highly experienced home cleaners to ensure your property is spotless.
Pay close attention to the kitchen and bathrooms, as these high-use areas need disinfecting. Sanitize sinks, countertops, appliances, toilets, showers, and bathtubs. These rooms should look squeaky clean and smell fresh.
Make Minor Repairs and Improvements
As you clean, inspect everything closely and make note of any minor repairs needed. Things like sticky doors, torn screens, leaky faucets, or cracked floor tiles may seem insignificant but should be fixed. Tenants will notice and appreciate your attention to detail.
Consider making minor improvements like fresh paint, new lighting fixtures, updated cabinet hardware, or new window treatments to modernize the space. Little upgrades like these make a difference in attracting tenants who will take good care of the property.
Check All Systems and Appliances
Ensure all electrical, plumbing, heating, and cooling systems are functioning properly. Check that all light switches, outlets, ceiling fans, etc., are working. Inspect pipes and drains for leaks or clogs. Have HVAC units serviced to confirm they are clean and in good working order.
Test all appliances to verify they are operating correctly. This includes the stove, oven, refrigerator, dishwasher, microwave, washer/dryer, and any other included appliances. Tenants expect everything to be in good working condition from day one.
Photograph and List Your Property
Take high-quality photos of each room, highlighting features and upgrades. Be sure the property is clutter-free and looks welcoming in photos. Create an online listing that outlines all amenities, with detailed descriptions and multiple photos.
Market across multiple rental listing sites and your own website. Make it easy for prospective tenants to schedule showings or open houses to view the property.
Set the Right Price
Research comparable rental properties in your area to determine fair market pricing. Set a competitive price to attract responsible, long-term tenants. Remember to factor in expenses like taxes, insurance, maintenance, and management fees.
Price it too high and your property may sit vacant. Price it too low and you won’t maximize your rental income. Consider hiring a real estate professional to help determine optimal pricing.
Prepare Necessary Paperwork
Consult with an attorney to ensure you have all required rental and lease agreements ready before listing your property. This paperwork is essential to protect yourself and clearly outline tenant responsibilities.
Forms may include rental applications, background check consent, lease agreements, pet policies, rental insurance requirements, and more. Thoroughly screen all tenants before approval.
Make Spare Keys and Access Information
Make several spare keys and code information for all doors and security systems. Provide these to your tenants during move-in so they can conveniently access the property.
Change all lock combinations and security codes when tenants move out. Keep your property secure by limiting access information only to those currently leasing the space.
Clean Again Before Move-In
Just before the new tenants arrive, do one final thorough clean. Dust, vacuum, mop, disinfect surfaces, and take out the trash. Ensure the windows are spotless. A perfectly clean property helps tenants feel comfortable and welcomed from the start.
Following this quick guide will help you successfully prepare your rental property to attract quality tenants. Allow enough time for deep cleaning, repairs, updates, marketing, and paperwork. The effort you put in upfront will pay off with smoother property management and fewer headaches down the road.
