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July 22nd, 2014 by MichiganLiving Rental Home Preparation Tips
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HOUSE BUILDING

Renting a home, apartment or condominium can bring great and lucrative gains for those willing to invest in such a business. Before you get ready to put the sign indicating your property is for rent, you will need to make sure you prepare for things well ahead of time. The following steps will give you what you need to know to make it happen and to prepare your property for future tenants:

  • You must begin by inspecting your home, making sure you follow up on and deal with any repairs and major problems that need addressing. Roof leaks, cracks, clogged gutters and leaky pipes are all issues that need to be dealt with, the same goes for any electrical issues and the condition of your floors. Whatever the case, you will need to fix things before you move on to renting the place out.
  • Your tenants will feel a lot better and at ease if you make sure they have a secure place to live with safety in mind. If you happen to be renting out only a part of your home, then you will need to make sure you have made sure you prepared the place for emergencies. Ensure you have smoke detectors around the home as well as making sure they’re in working condition. Pay special attention to the kitchen and place fire extinguishers just to be on the safe side.
  • You will need to make sure you have the place nice and clean for your future tenants. Deal with the floors, blinds, windows and other areas around the house, shampoo the carpets and remove all stains from anywhere you can find them. If you have to repaint the walls, then make sure you do so in a good, neutral color so the rooms may seem brighter and cleaner overall.
  • You will need to evaluate the appliances and furnishings, as they will need to look great too. If you have good fixtures and furnishings, then you will need to make them look good before you rent the place out. If you won’t provide your home in a furnished state, then you will need to make sure you remove the aforementioned furnishings and fixtures if you don’t want them to be there. If you do have to provide any appliances, make sure you clean them both on the inside and the outside. You may need to do some maintenance on the appliances, but it will help the rental price in the end if they are present.
  • You need to figure out how you want to handle the rental. If you plan on doing this alone, then you will need to prepare a legal lease document for your tenant and yourself. If you don’t want to do that yourself, then you will need to look for professional help with a property management company.

If you want a cleaning company that is quick and efficient without losing any of their professionalism you can contact Pre Tenancy Cleaning Service Paddington.

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18 responses to “Rental Home Preparation Tips”

  1. Robin Rue (@massholemommy) says:

    My husband and his brother own a rental property and always update the apartments before new tenants move in.

  2. Sue Lau says:

    Another good tip is to make sure the homeowners or condo association will permit the property to be let out, as this is not always the case. Better to be sure first, right?

  3. Elizabeth O. says:

    Thanks for sharing these tips. They are super helpful!

  4. Liz Mays says:

    These are really good ideas to keep in mind. If you have roommates it’s even more important to keep track of the apartment’s conditions before and after.

  5. Great tips! It is very important to get everything prepared before putting up the for rent sign. You only get one chance to make a good impression on prospective tenants.

  6. This is a great resource for home owners. I agree that repairs and thorough cleaning should be done before putting up the property for rent.

  7. Dogvills says:

    Having a place to rent out is a lucrative business. But it also takes effort, of course you should be able to put up a place that you would also live in. That’s something to consider.

  8. Great tips! We had a fantastic landlord at our past rental house that made the whole experience really positive for us.

  9. Shawn Ann says:

    Great list for those renting out a place and those who rent! As a renter you want to be sure everything is working before signing that contract, never know what you may be without for a period of time while it gets fixed.

  10. Rachel says:

    Great tips for both the renter and the person renting. Thanks for the info!!

  11. Kristen says:

    we own rental property in Illinois. We always put a fresh coat of paint on the walls between tenants. Its amazing what new paint can do to a place.

  12. Crystal says:

    I keep going back and forth about buying a beach house rental property. One of our dreams is owning a beach resort.

  13. CourtneyLynne says:

    These are some really great tips!! I don’t own a rental property, but I have a few friends that do. They are always updating things!

  14. Kira T says:

    These are really great tips for people looking to rent their homes. I wish my previous landlords had read these lol. Sadly I’m in charge of my own repairs now.

  15. It is so important to prepare your home when you move in as it will make the process a lot easier!

  16. So important to make sure you do a proper inspection. Too many things could go wrong down the road.

  17. I was a renter for over 10 years–this is great info!! Living in a college town, many people that we rented from did NOT follow these guidelines.

  18. BEcka says:

    What great tips for people looking to rent. I know my parents are about to venture into this and I will share these with them!

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