eHow launches Android app: Get the best of eHow on the go.

How To

How to Attract Potential Tenants with Amenities

Member
By clintinvestment
User-Submitted Article
(3 Ratings)
Attract Potential Tenants with Amenities
Attract Potential Tenants with Amenities

Upgrading your property will attract more potential tenants, giving your a bigger pool of people to choose from.

Difficulty: Easy
Instructions

Things You'll Need:

  • Money
  1. Step 1
     

    One of the best selling points for rental properties is washer/dryer hookup or washer/dryer included. People do not enjoy going to the laundry mat. The ability to do laundry inside the home appeals to everyone.

  2. Step 2
     

    Ceiling fans, blinds, and window screens are also a great addition to any home. It sounds basic but you would be surprised at how many homes do not have them. They all help modify temperature. Potential tenants will see them as energy saving devices.

  3. Step 3
     

    Depending on the area of your property (high crime area or very nice area), alarm systems can be a huge incentive to rent your property. A selling point is to advertise that you will pay for monitoring. But of course they will really be paying for monitoring because it will come out of their rent payment :)

  4. Step 4

    Dishwashers and garbage disposals are optional appliances. They may generate interest but they also can cause headache because they often need repairs.

  5. Step 5

    Metal bicycle racks are a great addition if your property is in the city or near a bike trail.

Tips & Warnings
  • Adding amenities add value to your home and therefore you can charge a little more in rent.
  • Buy used appliances.
  • Pretend to be a potential tenants and visit rental properties available in your area to compare what they offer to what you are offering in your home.

Comments  

sonni57 said

Flag This Comment

on 3/23/2009 Good suggestions on how to get potential tenants to rent. Amenities do work.

Flag This Comment

on 1/24/2009 The biggest selling point for me would be the appliances, closet space, and kitchen storage. Though it is important to keep in mind how valuable the screening process is and should be. Dependable tenants constitutes successful property management. Whether you own a 30 unit complex or a single family rental, work hard to find the right tenant for your property..Rick Vazquez offers great tips and suggestions for becoming successful in real estate investing in his book "The Pizza Delivery Millionaire". Happy tenants are paying tenants!

maharishi2 said

Flag This Comment

on 12/4/2008 Good points. I just put in a new dishwasher and stove.

Subscribe

Post a Comment

Post a Comment

Related Ads

  • Have you done this? Click here to let us know.
I Did This
Get Free Personal Finance Newsletters

Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy.   en-US Portions of this page are modifications based on work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License.

eHow Personal Finance
eHow_eHow Business and Finance