When it comes to attracting – and keeping – good solid tenants in your investment properties, there is certainly a case to be made for offering some additional amenities in order to make your offering stand out.
But, while have more proverbial “bells and whistles” can bring more renters your way, it is important to first determine whether or not these extra features will truly pay off, or end up costing you more.
For example, even though offering a washer and dryer inside of your property unit can make your tenants’ lives easier, these items can also cause leakage and other potentially costly issues to occur. (And, depending on the nature of your tenants, you may also end up replacing these items more often than you would like).
The same goes for upgraded or high-end appliances, such as a stainless steel refrigerator and state of the art dishwasher and microwave. While these amenities can show beautifully, the reality is that most other appliances will also do the same job – and for much less, if you end up having to frequently change them out.
So, while extra added features can definitely attract more potential tenants to your rental property, there are other ways to do so – without you having to worry about added maintenance costs, breakage, and spending additional time on keeping these offerings in good working order. That is by hiring a property manager to oversee your investments.
Working with an experienced property management team can free up a great deal of your time from the process of advertising your property, screening possible new tenants, and collecting the monthly rent, as well as from the regular maintenance that needs to be done on most rentals. Likewise, you won’t need to worry about fixing leaky faucets or running toilets, or a long list of other emergencies that occur – even in the middle of the night.
For more details on how to find the best property manager in the Orlando and Central Florida area, give us a call today.