Sometimes, homeownership can be a little too much. Between the mortgage payments, the bills, and general maintenance on a property, it’s hard to imagine why anyone would willingly sign up for that kind of commitment. Producing an income isn’t enough of an excuse either; depending on the situation, you might find yourself stuck with your house indefinitely. SheildManagement.Com.Au will let you rent your property without the hassle of owning it, but you’ll need to make sure to clear up clutter and sort out your property over a few months first.
1. Conduct an Informal Walkthrough
The first step in preparing your property for rental is to conduct an informal walkthrough. Nothing will be perfect, but it will give you a good idea of what it’s like on the property. If you have the time, ask about previous tenants and see if anyone can show you around their home. If not, have a free look at the main areas of the house.
2. Schedule Professional Services
The second step in preparing your property for rental is to get professionals to look at it and give you an estimate of how much it will cost and how long it will take. When deciding who to use, consider who they are, what they’ve dealt with before, and the companies they use. Sometimes this information isn’t provided on a website, but if you ask around enough, you’ll find someone good. If a company doesn’t have any recommendations, I won’t trust them for this kind of work.
3. Purchase Supplies
As you can see from the list of supplies above, it’s quite an extensive list. You’ll need all of this stuff to get your property ready for rental. Depending on how much you’ll be renting out and the size of your property, you might want to start with one through four which will give you a good idea but adjust as necessary.
4. Clean Up the Yard
If you want to rent out your property to families, then you’re going to have to clean up the yard. Cleaning up the yard will not only give your neighbors something nice to look at, but it will also encourage them to make their way around the property. I’m not sure how many rental properties I have personally seen without any yard work, which is a bit of an insult. It’s a shame because it’s a great place for kids to run and play, for owners to relax, and for guests to stay.
5. Wash the Windows and Check the Screens
It’ll be the first thing they see, affecting their whole impression. It might not seem that big of a deal, but it makes a big difference. When I was renting out a home, I first called up my window cleaner. Then, once he came in, we went around the property and checked all of the screens, which at some point would be necessary. Anything to keep out pests and insects can help get good tenants in the house.
6. Change the Air Filters
Air filters are also an important item to change. On top of the dust and particles, they get tight over time. It means that the air gets restricted, further reducing your air quality. It is why it’s so important to change them out even if they’re not completely blocked up. The last thing you want is a tenant who has asthma or other respiratory issues.
7. Re-key The Locks
The point of this step is to provide more security. Of course, that’s not the only reason. There is always a chance that you’ll forget your key and need to get in without waking the whole household. It’s also nice for the new tenants to have something of their own so they can feel like it’s their home too.
8. Paint and Repair
I’m not a huge fan of painting, but it’s something that needs to be done. Usually, when renting out a property, I have it painted to give it that pretty new look. If you think about it, you’re providing your tenants with the perfect opportunity to make their house their own without the need to repaint it or redecorate. I imagine some of them would love the chance to express themselves creatively like that, so why not give them a chance?
9. Get the Carpets Cleaned
There are a lot of reasons why you should get the carpets cleaned. For one thing, it will be easier to spot potential damage. For another, it just looks nice. There is a lot of dust and dirt in the carpets and it can be pretty disgusting. With how much people move around in their homes, the carpets will need to be cleaned regularly, saving you money in the long run.
10. Bring in a Cleaning Company
This step is a bit more expensive, but it’s one of the best. Unless you’re the type of person who has access to a vacuum cleaner and knows what you’re doing, you’ll want to bring in some professionals.
Preparing your property for rental is a big task, but it’s well worth the investment. When you get everything above done, you’ll be able to rent out your house faster, with less damage, and at a higher price