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7 Tips To Rent Your Property Fast and Stress Free
Affinity Property can help you lease your property in less than 5 days to the perfect tenants. Schedule a call with our leasing experts today.
Affinity Property has helped thousands of clients buy, sell and manage their investment properties over the past 15 years.
Below you will find our 7 Essential Tips for Renting Your Property Fast & Stress Free.
When you rent out your property, you are competing with thousands of other landlords to attract the eyes, ears and attention of potential tenants. Some suburbs have higher vacancy rates and many more rental properties than neighbouring suburbs.
So the big question is: “How do you stand out?”
#1. Preparation And Presentation
Over 95% of leased properties in Australia today receive rental applications online, as it saves time and is very convenient. Make sure you have high-quality photos to attract potential tenants that pay top dollar.
A skilled real estate agency, like Affinity Property, can give you an accurate appraisal of the value of your home.
#2. Keep Your Appliances Current And Modern
A modern home is favourable to potential tenants (especially high paying ones). Make sure to boost your home’s appeal by including everday essential household items in your property.
This will not only increase the rental return but will provide you with a wider range of tenants while meeting market requirements.
#3. Stay On Top Of Repairs & Maintenance
One way to attract and keep tenants is to ensure you attend to any repairs as soon as they are reported. Maintaining your property will make it a more attractive home to current and prospective residents.
#4. Value Adding To Your Property
Small refurbishments and updates can be a profitable way to increase your rental yield and long-term tenant prospects. Focus on making small improvements to maximise your returns.
#5. Property Descriptions
It is absolutely critical when writing your property description, you highlight items that are important to tenants. Tenants value features like entertainment areas, air conditioning, ceiling fans, car accommodation, solar panels, water tanks, pet-friendly, a dishwasher, heating, a pool, recent renovations, etc.
The target rent must match your description. A premium property being rented at $800 per week needs to be advertised with high quality photos and a great description.
#6. Be Open To Negotiation
A residential tenancy agreement (also known as a lease) is a contract between a landlord and a tenant. There are many terms that can be negotiated in a lease including:
- when rents can be reviewed
- how much rents can increase
- the number of occupants that can reside at the property
- whether pets are allowed
- running a home-based business from the property
- making improvements to the property
- who is responsible for garden maintenance
- plus, a host of other conditions
#7. Ensure You Hire The Right Property Management Team For The Job
We also understand you want the best possible rent and your property is leased in the fastest possible time and you expect:
- the rent is paid on time
- risks are addressed promptly
- rent is reviewed regularly to achieve the highest possible rent
- sensible management that will minimise rental vacancy
- the property manager maintains a good relationship with tenants
Contact us today on (07) 3293 9100 to request a property management consultation regarding your property.
Five-Star Reviews From Over 100 Happy Landlords!
Renting out your investment property can be stressful, but an experienced property manager like Affinity can make it easy for you.