5 Simple Tips to Get Your Portland Oregon Home in Rent-Ready Shape
Are you planning on renting your Portland OR home for the first time? If so, you come to the right place!
As the real estate market in Portland Oregon cools, many homeowners are taking their properties off the market and choosing to rent them out instead.
Hanging onto that Portland OR home is a smart choice because you’re going to be able to earn passive income from that property while you wait for the real estate market to list that property again.
Before you decide to list your home for rent, there are several things that you need to do to get your home in rent-ready shape including the following:
Step #1 – Maintenance Assessment
One of the first things that you should do to get your home in rent-ready shape is to do a maintenance assessment.
This is important because, from the moment that you let a potential renter tour the property, they’re going to know when things are broken and need repair.
It’s best to not ignore maintenance because, when a tenant sees that something is broken or in need of maintenance, they’re going to wonder what else may be wrong with the property.
Take the time to do a complete walkthrough of your property looking for anything that needs to be fixed or repaired, and if it requires a contractor, you should hire a local contractor to come and get the work done professionally, so that when a tenant tours your property they’ll see that it’s been a property that’s lovingly maintained regardless of its age.
Step #2 – Replace Older Appliances
Your Portland OR home may still have the working Maytag dishwasher that you’ve had for 20 years but, when a tenant sees that older appliance, they’re going to automatically think that it’s old, regardless of if it still functions or not.
Replacing older appliances is important because, when those appliances are in heavy use by a tenant, it’s highly likely that they may need to be repaired or replaced anyway, so it’s best to make the investment in new appliances now before your first tenant lives in that property.
Instead of purchasing new appliances, it’s best to look for a used appliance reseller in the Portland Oregon area because you can get high-quality used appliances that are only 1-2 years old that will be an upgrade from the current appliances in your property.
Step #3 – Make Upgrades to Your Property
After investing in new appliances for your property, you should also determine if it’s time to make upgrades to your property as well.
If your property is not in need of any structural upgrades, you should consider making upgrades to your property that will help to increase the return on investment that your property earns monthly.
Some upgrades that you should consider making to your property include adding an on-site storage building, dog run, or a deck/patio that your tenants can use to enjoy grilling during the summer months.
Step #4 – Upgrade Curb Appeal
Let’s face it, curb appeal is one of the most important parts of any rental property because the outside of your property is going to be the first thing that a tenant sees before they decided to tour it.
If a potential tenant thinks that your Portland OR home looks ‘scary’, or outdated, they may choose to pass it up in favor of the next rental on their list, so it’s best to take the time to invest some money and attention in upgrading the curb appeal to your home.
When it comes to upgrading curb appeal, your focus should be on removing any dead vegetation, power washing the driveway, sidewalk, and walkway up to the front door, adding drought new plants and repainting the exterior of your home if it’s needed.
Depending on the age of your PDX home, and the current state of it’s curb appeal, your landscaping surrounding the property may need a complete overall. If this is the case, it’s best to focus on investing in drop tolerant plants for your entire property because drought tolerant plants require very little water and maintenance.
Having a landscape that requires as little maintenance as possible is a good strategy because this will attract more tenants who are looking for a great property that’s going to be as hassle-free as possible.
Step #5 – Professional Cleaning
Last of all, but most important, another important thing that you should do to get your Portland home in rent-ready shape is to hire a professional cleaning company to clean the inside of the house.
Professional cleaning is important because, even though you may think that you can clean your property effectively yourself, a professional cleaner knows what to look for, and we’ll clean those hard-to-reach areas in your property that you may have been ignoring for it some time.
Making the investment in cleaning will also pay off when it comes to attracting the right tenant because, if your home looks dirty like it hasn’t been cleaned in some time, that’s going to negatively influence their perception of the property.
It’s best to invest in a professional cleaning company before you list that home for rent because that investment is going to pay off by attracting the right tenant who will want to live in that property.
Hire A Portland Oregon Property Manager
Once your home is in rent ready shape, another thing that you should do next is higher a Portland OR property manager to professionally manage that property for you.
Hiring a property manager is important because, they will screen and place the most qualified tenants, collect the rent on time each month, handle customer service, maintenance, and more, saving you the time, money, and hassle of managing your property yourself.
To learn more about the property management services that we can offer you, contact us today by calling (503) 447-7735 or clicking here to connect with us online.