Prepping Your Home for Renters: 5 Essential Steps to Ensure Tenant Satisfaction

April 15, 2024

You might not be inclined to spend the same amount of money preparing a rental property as you would a home you plan to live in. This is natural since your main goal is to maximize profit.

However, a safe and attractive property is much more likely to draw quality renters and allow you to justify higher rental pricing. When you partner with professionals offering reliable property management in San Diego, you have the best opportunity to maintain your property and keep renters happy, but what can you do before renting out your property to ensure tenant satisfaction?

1. Schedule Inspections

A licensed home inspector is tasked with conducting a thorough assessment of your property, both inside and out, to pinpoint problem areas like code violations, safety concerns, and issues that may require attention. The report you receive provides an opportunity to make sure your home is not only safe and habitable but also in good condition.

Don’t forget to bring in plumbing, electrical, and HVAC technicians to make sure all systems are running as they should and that potential issues like clogged drains, ducts, and filters are addressed. Once a renter has moved in, scheduling and conducting maintenance and repairs can become more complicated, so it’s best to do all you can before leasing out your property.

2. Ensure That Safety Requirements Are Met

You need to take all necessary steps to ensure the safety of your tenants. Most states have laws regarding the installation and maintenance of smoke detectors, and in some cases, carbon monoxide detectors, in private residences. Make sure yours are in good working order.

You might also want to update exterior locks. Upgrading to electronic door locks with a keypad means you won’t have to keep track of keys, and you can simply change the code before new tenants move in. Consider additional safety measures like an alarm system or exterior surveillance cameras to protect your tenants and your property.

3. Deep Clean

This is vital. Whether you’ve been living in the property or you purchased it for the specific purpose of renting, you’ll gain more interest from renters if your property is clean and attractive.

Bringing in a professional cleaning crew is probably the bare minimum. Seam clean any carpets you don’t replace and deep clean areas like the kitchen and bathrooms that tend to suffer more grime buildup. You should also address cosmetic issues like cracked or moldy grout. And don’t forget, a small expense like a new coat of paint can make your space feel fresh and modern.

4. Update Your Insurance

Regular maintenance is designed to ensure a habitable structure and stave off larger, more costly repairs. Unfortunately, even a strict maintenance schedule can’t account for natural disasters like fire and flood, for example.

While you likely have insurance in place to cover such damages, it won’t cover lost income when a renter is forced to move out because the structure is uninhabitable. This is where “Loss of Rents” coverage can help, so you’ll want to discuss it with your insurance provider.

Technically, this is for your own protection, and it could make a difference when it comes to paying your mortgage while the damage is repaired. It also ensures that displaced tenants have a rental to come back to. In addition, you should take this opportunity to audit any valuable items that will remain on the premises, including appliances and furnishings, if applicable.

5. Consider Reliable Property Management in San Diego

A good property manager can help you save time, money, and hassle when dealing with tenants. Services may include marketing your property, screening prospective residents, and managing accounting, including rent collection, debt collection, tax payments, and financial reports.

Property management in San Diego could also include handling maintenance and repair needs, such as coordinating with tenants and vendors, responding promptly to repair requests, and tracking and managing billing. These services reduce your burden when it comes to rental property while ensuring that tenant issues get addressed quickly.

Think About What You Might Want

The best way to ensure that your property is ready for renters is to consider what you might look for if you were in a renter’s position. A clean, safe, well-maintained property will help to attract quality, long-term tenants.

 

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