Finding the right tenants can be a challenge, but appealing to them can be difficult as well. It’s important to stay updated on rental trends and make sure your rental property is able to accommodate growing demands from tenants. Continue reading to learn four features most tenants want in their rentals.
In-Unit Washer and Dryer
Young adult renters are all about convenience and saving money where they can. Having a washer and dryer in the rental unit can be a huge advantage over competitor rental companies. In addition, having other appliances like microwaves included can be a bonus as well.
Pet-Friendly Areas
Pets are an essential part of family life these days. If a potential tenant doesn’t already have a pet, it’s very likely they want one in the near future. Dog parks and other pet-friendly areas are major selling points for rental properties. Most tenants will also take fair pet fees and rates into consideration.
Outdoor Space
Who doesn’t like enjoying time outside once in a while? Renters shouldn’t have to give up outdoor space to live in a rental property. This amenity is highly valued among tenants. BBQ pits, small parks for kids, pools, or even trail systems are great features to have on rental properties. If you’re limited on space, consider renovating rooftops into outdoor lounging areas.
Renovations
Tenants want to know that their rental is in good condition and won’t require frequent maintenance. Doing renovations on older properties will not only ensure the property is in pristine condition, but it’ll give you the opportunity to remodel layouts and incorporate newer features. Open floor plans are very desirable for renters and owners alike, along with updated appliances, central heating, and fireplaces.
Minnix Property Management can help rental owners in Central Texas reach good tenants and keep the property up to date so it’s marketable. Learn more about our rental owner services or contact us today with any questions!