Attracting the best tenants is a property owner’s prime priority. Every renter has different needs and they search for the single-family rental home that fits them best. However, there are a few features that consistently rise to the top of a prospective renter’s wish list across the board. Understanding what tenants are searching for, and which features will help your rental homes draw the sort of renters you want, can improve your Burbank rental properties standing, even in a highly competitive market.
A rental home should be clean and well maintained. This is considered the best feature for an ideal rental home. When a rental home displays signs of continuing maintenance and modernized features, tenants see an owner who takes care of their property. When the point comes to request repairs or maintenance, interested renters will link a cared-for home with a landlord who will address their issues efficiently.
Another vital feature that potential renters check for in a single-family rental home are updated appliances. A kitchen is a crucial place in a single-family home because people usually spend plenty of time there. Enjoying their home also entails using updated kitchen appliances to prepare freshly cooked meals. Then the entire family can gather around the table and savor both the food and the time spent with each other.
The location will constantly be an important element of real estate investing, but what makes a great location? Homes that are extremely sought after are usually located near parks, schools, restaurants, and other common venues. You may have no control over the location of your property but that doesn’t mean you can dismiss thinking about it altogether. Note down what amenities are available nearby and make sure that these are listed down when you create your marketing materials.
Along with location, potential tenants are almost always searching for space. Space for a family, a hobby, storage, parking, and maybe even a pet. A property owner should make sure that they have yards that are beautiful and easy to maintain. This is one thing that they can do to attract quality renters to their Burbank rental homes. Gatherings and other events are a significant part of daily life, and a property that gives sufficient space for these happenings will hold greater appeal to people looking to rent a home.
There’s another helpful way to fill vacancies and retain tenants long-term. You can include a pet clause in the lease. This will allow renters to keep their approved animals with them. People love their pets, and single-family homes that are more accommodating for pet lovers will always be the better option.
There are still a few more things one can do to draw in quality renters to their rental homes. Property owners could provide laundry hook-ups, and they could also provide central air conditioning in areas with warmer climates. Laundry will always be a part of family life. And in order to attract a long-term quality tenant to your single-family rental home, you must provide space for at least as washer and dryer. Air conditioning, too, is important for warmer climates. Renters, when given the choice between two rental homes, would often choose the one with reliable air conditioning.
At Real Property Management East San Gabriel Valley, our team of property management experts makes it easy to guarantee your rental property attracts and retains quality tenants. We take charge of maintenance, offer rental rate assessments, and assist you to fill vacancies quickly and efficiently. Would you want to learn more? Please contact us online or call us at 626-600-2884 for more information.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.