Getting your property prepared to be placed on the real estate market is an easy task forPortsmouth property management. If you choose to do it yourself, here are some ideas that can help you get your property ready for its potential occupants.
The property must compare favorably with similar rentals in the market. You do not want to over spend by going beyond what is needed, since the extra unnecessary expense could negatively affect your net income from the property. You also do not want to cut back and not provide comparable amenities. The potential tenants are well-educated customers who have access to the Internet and can make price comparisons quite easily.
The property must be neat, tidy, and attractive both inside and outside. You may need to set up an ongoing contract with a maintenance provider to ensure that the exterior is well kept. Arrange an ongoing contract with an appliance’s technician who can be on call to deal with any breakdowns. A plumber and an electrician should be on call for problems and emergencies.
Determining how much to charge is important. Find out from others how much rent they charge,or look at some sources on the Internet for your area to make a determination. The security deposit you take is also based on what is taking place in the market.
These are just a few steps you can take to prepare your property for the rental market. However, if you want to make life easier for yourself, you have the option to use Portsmouth property management to handle everything relating to your rental.
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KRS Holdings | 2000 West Club Lane, Richmond, VA 23226
Phone (804) 554-3197 | fax (804) 282-4757