Since early 2020, the Coronavirus pandemic has changed the way we do just about everything – from work, to play, to school, to socializing (or lack thereof). So, it only stands to reason that it may change the way potential tenants look at property.
For example, as Coronavirus social distancing and “sheltering in place” has been extended for an unknown period of time, our “new normal” is beginning to turn into daily habits…and in some areas, it has been an unexpectedly pleasant surprise.
One area that has actually turned into a convenience for many is the option (or the requirement, in some cases) to work from home. There are a number of plusses here for both the employee and the employer.
No traffic jams to deal with, no hefty dry cleaning bill, and a significant reduction in stops at the gas station are all considered perks. With that in mind, more and more tenants going forward will be looking for home office space and other work-related items – such as strong wi-fi and built-in bookshelves – when seeking out rental property.
Depending on how long schools are offering (or requiring) online learning, there’s a good chance that kids will be spending more time at home for the foreseeable future. In this case, properties with more space and open floor plans will be appealing to more tenants.
The same holds true with offering updated appliances and ample counter space – particularly in the kitchen area – as more people eat their meals at home and avoid sitting in (or even picking up from) restaurants.
If you’ve found that marketing, showing, and maintaining your investment property(ies) in Orlando and/or the surrounding Central Florida area is taking up more time than you would like, bringing a local, experienced property management team on board could be the answer. For more details on how we can help you to free up more time – while still receiving regular rental income – contact us today.