Fix It Up
It is far easier to fix problems before renters move in, your tenants will be more comfortable and this can lead to a greater long lasting relationship.
Preparing your home for rent can make a huge difference in terms of the amount of rent you can charge as well as the kind of tenant you attract.
A clean, well-maintained and beautiful property is more likely to attract tenants who will take pride in it.
So what kinds of things can you do as a landlord to prepare your property for rent?
Think about what you would look for in a prospective home and use that as a benchmark when you’re preparing your property for renters.
Do a close inspection of the property and fix anything that’s broken or damaged, whether major or minor. Keep an eye out for chipped paint, jammed locks, broken tiles, dripping taps, dirty skylights and torn fly-screens.
If the property is old, also check that windows open and close properly, and that the taps are in good working order.
The outside of your home is as important as the inside, so remember to clean out the gutters, check the functionality of any gates and fences, ensure that any pest problems are taken care of and, if there’s a watering system installed, that it is working properly. When it comes to landscaping we recommend low maintenance, Australian native, plants. Some good choices include the lilly pilly for a hedge plant, and flowering grasses for a lush ground cover. If you are unsure, the best thing to do is consult with you local nursery.
Also, take a good look at the state of the kitchen and bathroom. If they are ancient, doing a simple renovation can make a huge difference in the value and desirability of your home. Such work can be quite affordable, but before proceeding, it is worth doing a cost-benefit analysis to ensure that you can recoup your initial outlay.
If you’re thinking ‘Yes! That salmon pink bathroom has got to go!’ then read on. We suggest installing dark tiles and matching grout on the floor to disguise dirt and wear, and complementing them with white walls and fixtures.
Dark colours make a room look smaller, and lighter colours make it look larger, so blending the two can create aesthetic balance. A frameless glass shower also gives a bathroom a sense of spacious modernity, and mirrors lend extra brightness and the illusion of space.
Finally, you’ll want your tenants to leave your property in tip-top condition when they leave, so set the standard high from the beginning by cleaning the property from rooftop-to-toe.
Be thorough: have carpets steam-cleaned, polish the floorboards, sugar soap the walls, clean the windows inside and out… basically, assume the mentality of a tenant who really wants their bond back and go from there.