Whether it’s an apartment in your own basement or a completely separate property, rental spaces are a great way to earn some extra, steady income. But if you’ve never rented out a property before, you might not be sure how to prepare the space for your first renter. Here are a few tips, which you should consider doing before you even begin showing the property to prospective tenants.
A fresh coat of paint can go a long way towards making a property feel new and updated. So, if it’s been a while since the space was painted, look into some residential painting in Atlanta to get it updated quickly. You should try to use neutral colors throughout the home, so that it appeals to more people. However, try to avoid painting everything white. White walls throughout a space can make the apartment feel very institutional. Instead, try shades of beige, tan, and gray to make the apartment feel homier and more inviting.
People want to move into a space that is neat and clean, so be sure that you take the time to clean the apartment from top to bottom. If you don’t have the time to do this yourself, a professional cleaning service may be worth the investment. You should also have the carpets cleaned if you haven’t had it done in a while. Overall, your intent here should be to make potential tenants feel like they’re moving into a totally new, never-been-used space.
This will help you to find a neat, respectful tenant as well; if a person is willing to move into a space that hasn’t been maintained very well, they aren’t very likely to work hard at maintaining it when they live there.
This is especially important if the rental space is in your own home. Tenants usually don’t want to hear their landlord’s every footstep, or listen to every show you watch on your television. Similarly, you don’t want to be alerted to all of your renter’s movements either. So be sure that the apartment has extra soundproofing when compared to the rest of the home. This will help to give you both some privacy.
Having a rental can be a great way to make money (and offset your mortgage costs, if the space is in your own home), but it’s a big responsibility too. You need to be willing to invest some time and a little cash into making the space desirable to renters. So, if your space needs some cleaning , don’t hesitate to invest in cleaning services or residential painting in Atlanta. Remember, it’s an investment into a money-earning endeavor.