Friday, March 17, 2006

The Better it Looks the Faster it Rents

Law: Good properties attract good and bad tenants; bad properties only attract bad tenants.
 
How to make a place attractive?
Exterior improvements that help attract good tenants -
  • Nice easy-to-maintain curb appeal
  • Nice mailbox
  • Painted or powerwashed exterior
  • Clean gutters
  • Caulk around windows

Interior improvements -

  • Check all plumbing for leaks
  • Clean all tiles, shelves, sills, switch plates, heat grills, fixtures, ceiling fans
  • Clean all appliances and make sure they work
  • Bathrooms should have good caulk and be cleaned out
  • Hang a shower curtain
  • Place air fresheners around the unit
  • Paint (use good quality paint)
  • Clean (or replace) carpets; shine hardwood floors
  • Spray for insects if necessary (termites, cockroaches, ants, fleas, bees, etc.)
    • Cheap cockroach killer: condensed milk + boric acid; make a paste and apply under sink, stove, and near refrigerator