Presenting Your Property For Lease
Presenting your investment property in the 'best light' is the key to achieving a quick tenancy and at the best possible rental price. Here are a few tips to help you present your property to get the best result.
The first impression of a property is the most important, so don't forget the exterior. Good 'street' appeal can often be the 'make or break' of whether you rent your investment property quickly.
a) Freshly paint all walls and railings (if appropriate) and wash all the windows. Ensure all screens are undamaged & clean.
b) Make sure that the front door is 'clean' and undamaged, as this is one of the major 'focal points' of a house. Also ensure the house is secure and 'burglar proof'.
c) Ensure that the front & back yard is in its most 'presentable', neat condition. Also ensure that all lawns are mowed and all hedges, overgrown plants & overhanging trees are trimmed and pruned.
d) Put away all tools and equipment. Also ensure all bins are emptied and cleaned/deodorised.
e) Clean out the garage/carport and any garden shed. Tenancy laws require an 'empty', clean property.
a) Remove all clutter - Tidy up throughout the property. Ensure it is empty and uncluttered.
b) Clean the property throughout - particularly the kitchen and bathroom. These two rooms are highly important factors in whether a tenant will show interest in the property.
c) General condition - finish off all the small jobs around the property that you have been putting off, for instance oil all of the door hinges, repair any dripping taps, or repaint any chipped paintwork. Make sure all the lights work and replace any faulty bulbs or switches. (This is required by tenancy law).
d) Make sure that the property 'as a whole' is aired and smells attractive – for example, get rid of any animal odours, cigarette or food smells from inside the house.
e) Finishing touches are important - think of ways to brighten up the property, for example making sure that all the mirrors and windows are clean, as well as blinds and curtains.
How do I ensure I get the best tenants and hang on to them?
a) A prospective tenant will quickly gaze through a property in minutes so having a well-presented and clean home will offer a greater opportunity to attract a larger number of quality applicants.
b) By ensuring they have a positive experience while living at your property, they may be more likely to pay their rent on time, stay in your property longer and treat it as if it were their own.
c) Keep your property well maintained - This acts to protect your investment long term but also ensures that your property is of interest to good tenants and maintains them long term once in the property.
d) Properties that are close to good schools, shops and public transport are likely to be well sought after and may give you a larger pool of prospective tenants from which to choose.