As a single-family Bellevue rental property owner, you are most interested in satisfying the needs of your renters. This is because once you know what the renters want, you can start working to make your property more attractive to higher-paying renters. This does not mean satisfying every need for every renter demographic, but satisfying the most basic needs for every tenant for their rental homes. The following are the essentials. Does your Bellevue rental property meet the minimum?
1. Location
This may no longer be in your control but the top-selling point for renters is the right location. This may mean proximity to parks, public transit, and shopping centers for single-family rental homes. Moreover, a safe and attractive neighborhood.
2. Safety
Quite obviously, safety is a priority for tenants in their rental homes. While security in your property may be dependent on its location, there are ways to improve your property’s security features. Good quality exterior doors, sturdy locks, and an alarm system help your tenants feel secure.
3. Convenient Payment Options
Along with safety, tenants also want to pay their rent easily and conveniently each month. Landlords who offer secure online payment options are favored by renters. The convenience of this method is beneficial for both the tenant and the landlord. The tenant pays without hassle while the landlord receives the rent on time.
4. Move-in Ready Condition
Some property owners allow renters to take a look at their property before cleaning and repairing them. This is not a good idea. Renters would usually go for a rental home that is move-in ready. Therefore, do your homework by finishing property maintenance and repairs before showing it to renters. This way, your chance of having a new tenant renting your property will greatly increase.
5. Appliances
If your Bellevue rental home doesn’t already include appliances, it’s best that they have it. Appliances are a big draw for many renters since they don’t have to buy for themselves. The same is true for old appliances – don’t expect tenants to tolerate using a worn-out stove or dishwasher. The key is finding appliances of good quality but reasonably priced, that way you can increase the attractiveness of your rental house and get tenants easier.
6. Upgrades
Failing to update your rental home for a while will make it become “old fashioned”. While you should regularly update countertops, appliances, faucets, and light fixtures, modern renters are also interested in newer, tech-friendly upgrades. Smart thermostats, video doorbells, and plentiful USB outlets are popular features many renters are looking for.
7. Outdoor Space
Modern renters are very sociable so they need space for gatherings. Even when your Bellevue rental only has limited inside space, your renters will still be happy with an outdoor gathering space. You can do this by adding a patio or deck and start attracting great renters!
8. Flexible Lease Options
Most of the time, life does not go as planned, as with tenants’ plans. If property owners would only have it their way, long-term leases are preferred, but this can possibly turn away great renters. One solution might be to present them with different lease lengths to choose from. This will open you up to a wider demographic of tenants who are not likely to break their lease after a few months.
9. A Responsive Landlord
Lastly, what renters would appreciate very much in a rental property is a responsive, professional landlord. Successful rental property management is built on the landlord-tenant relationship, making it all the more important to ensure that you communicate regularly and often with your tenant and respond promptly to repair requests.
But property management is such a huge responsibility. Why not consider entrusting your Bellevue property management to the experts at Real Property Management Eclipse? We can help you maximize the appeal of your rental property while also managing tenant relations so you can have more time to enjoy yourself. Contact us online or give us a call at 425-209-0252.
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.
