Owning a rental property is a great way to generate passive income. The caveat is that the rental property needs to be occupied every month of the year in order to generate this income for you on a consistent basis. So how does one go about keeping their rental property occupied all year round? Well, as we’ve seen at Gavish Property Management, this is a two-part solution. Part one involves being a great property manager or landlord to keep tenants in your property long term. Part two involves doing everything you can to rent your home faster in between tenants to minimize the amount of time that your property is vacant. Luckily for you, we’ve broken down the best ways for you to do that!
No matter what time of year it is, whether it’s spring, summer, fall, or winter, hour house and your yard should be kept, presentable, and everything should look as new as possible. Not only will this keep the current tenants living there happy but it will also increase the curb appeal to potential renters in the future.
It is a good idea to hire a landscaping company to come by once a week to trim bushes, rake leaves, and pine needles, and keep the yard looking tidy in general.
Periodically you will need to go through your rental properties and make minor repairs and updates. We’re talking about replastering holes and dents left in the wall from moving furniture, fixing leaky pipes, having the HVAC unit cleaned and services, and all of the little things that can be done rather inexpensively but make all of the difference to potential renters and current tenants.
Once your rental property looks kept and maintained, it’s time to invest in a little professional photography for the listing and marketing. While smartphone cameras are incredibly advanced and take high-quality photos, it is best to bring in someone who specializes in taking photographs of properties. They will know the best way to stage rooms and which angles will capture the area of a room the best.
A lot of people aren’t exactly sure what a property management company can do for your rental properties, but the job is in the name. The right property management company will handle everything for you from listing the property to maintaining it as the seasons change while nurturing the relationships with your tenants. They are essentially an extension of you!
This eliminates a lot of the issues that you will run into as a landlord like appeasing tenants, dealing with the bad ones, and marketing your property when it is time to list it again. Contact
Gavish Property Management Today.