Outdoor Facilities That Tenants Seek In A Rental
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Millennials account for a major percentage of prospective renters. This could be because of the convenience of staying in a rental in terms of affordability, amenities (desirable features/facilities), and flexibility. Valuable and affordable amenities are one of the most important considerations for millennials, when they look for a house on rent.
Read MoreRental market analysis helps a rental property investor in determining its viability in terms of profitability. The process involves studying the real estate market, trends of a locality, local tax rolls, running costs of property, vacancy rate, occupancy rate, etc. Investors compare the average rent of properties to their average costs to see whether the property will generate a positive flow.
Read MoreThere are a number of cost-effective ways to revamp a rental place and add a personal touch to it. The rental space can be spruced up to reflect a tenant’s personal style. This increases the personal value of the property for the tenant. However, it is important to keep in mind that the changes should be limited to the guidelines stated in the lease agreement.
Read MoreTenant proofing a rental is a great way to minimize damage & keep your property well-maintained for longer period of time. It saves money in the long run as such property requires fewer repairs and less maintenance.
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