As a single-family California, MD rental property owner, you would like to know what renters need. Because once you know what these renters want, you would then know what your property needs in order to attract these higher-paying renters. It may not be possible to know every specific need for every renter demographic, but there are basic needs that apply to all tenants for their rental homes. Here is a list that we have compiled for the most requested items. See where your California, MD rental property stacks up.
1. Location
You may not be able to do anything about this anymore but the top feature that attracts renters is the right location. This may mean proximity to parks, public transit, and shopping centers for single-family rental homes. Plus, a safe and attractive neighborhood.
2. Safety
Tenants must feel safe in their rental homes. While location dictates how safe your property is, you can still improve your property’s security features. Good quality exterior doors, sturdy locks, and an alarm system all help to make your tenants feel secure.
3. Convenient Payment Options
Along with safety, tenants also want to pay their rent easily and conveniently each month. That’s why renters appreciate landlords who offer secure online payment options. This is beneficial for both parties. The tenant has ease of payment, which leads to the landlord receiving his rent on time and in full.
4. Move-in Ready Condition
Some property owners welcome renters to have a look at their property even before it is cleaned or repaired. This is not very wise. Renters usually prefer a rental home that is move-in ready. So before the showing, make sure property maintenance and repairs have all been done. The odds of having a new tenant renting your property will be in your favor.
5. Appliances
If your California, MD rental home doesn’t already include appliances, it might be a good idea to furnish it now. Appliances are a big draw for many renters since it frees them from the hassle and expenses it will bring. It’s a similar case with old appliances – you can’t expect tenants to put up with a beaten-down stove or dishwasher. Decent appliances can increase the interest in your rental house and attract tenants.
6. Upgrades
Your rental house should be updated so as not to make it “obsolete”. 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 want to entertain family and friends so that includes space for gatherings. But if your California, MD rental does not have sufficient interior space, you can make it attractive to renters by creating an outdoor gathering space. You can get creative by adding a patio or deck for instance and start attracting great renters!
8. Flexible Lease Options
Sometimes, life may throw a curveball to some tenants. While property owners sometimes offer long-term leases exclusively, this may turn out to be the deal-breaker for renters. You can remedy this by offering different choices of lease length. This will cover a broader spectrum of tenants and ones who don’t break the lease after a few months.
9. A Responsive Landlord
Ultimately, what makes renters really happy 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 akin to a full-time job. Why not consider entrusting your California, MD property management to the experts at Real Property Management Gold? We can help you maximize the appeal of your rental property while also managing tenant relations so you can have more “me” time. Contact us online or give us a call at 301-392-2172.
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.
