Blog Post

Top 5 Property Features to Improve with Your Rental

Dustin Edwards • July 16, 2024

Most Americans move between May and September, meaning that right now is a great time to improve your rental and take advantage of this. While there are many features you can upgrade, today we’re going to go over the top five features to improve in your rental that tenants are looking for 


Modern Kitchens and Bathrooms

Kitchens and bathrooms are often the most expensive rooms in most homes. Upgrades in these rooms can significantly enhance the appeal of your rental property. While many tenants can move furniture and decorations to make the living areas to their taste, the kitchen and bathroom will typically not change. This increases the importance of these two rooms for attracting prospective tenants.


Energy-efficient and
modern appliances must attract tenants seeking contemporary living spaces. Sleek fixtures and fittings provide a clean and modern look, which allows these areas to stand out. Focusing on upgrading these rooms will not only increase the property's value but also ensure a higher level of tenant satisfaction. This can lead to a longer tenancy, which can reduce vacancy rates.


Efficiency

Improving energy efficiency in your rental property can be considered cost-effective and environmentally friendly. Many tenants nowadays look for sustainability as well as affordability. Old appliances should be replaced with energy-efficient models to reduce energy consumption. While providing energy-efficient appliances is a great way to start providing an energy-efficient rental, consider upgrading core systems as well. Upgrading your plumbing can reduce water waste and prevent leaks. Many older homes have inefficient cooling or HVAC systems, which can lead to expensive electric bills. To further improve efficiency, inspect your home’s insulation. While it lasts up to 80 years, roof leaks can shorten efficiency. Smart home devices can also help to reduce overall electrical usage.


Smart Home Technology

Integrating smart home technology into your rental property can improve both convenience and security for tenants. Smart thermostats allow your tenants to program the temperature control, which can not only improve energy efficiency but also provide your tenants with additional comfort. Smart locks and surveillance cameras offer added security and peace of mind. Smart home hubs for device integration allow tenants to manage a number of elements of the rental environment seamlessly. Smart home technology can help make your property more appealing, competitive, and attractive to tech-savvy potential tenants.


Curb Appeal

First impressions matter, especially for rentals, as a tenant can decide immediately after seeing the property’s exterior. Many tenants view the exterior of a rental as a sign of how much a landlord cares about the property, and if the exterior isn’t in good shape, they often assume the interior might look the same or worse. Improving your rental property's curb appeal can attract potential tenants with well-maintained lawns and gardens. For great results requiring little maintenance, consider drought-resistant grasses and native plants. This creates a welcoming environment while promoting the beauty of the native environment. Regular cleaning and repairs to the exterior paint and siding help maintain the rental and make it look great. Consider using outdoor lighting to enhance security, making the property more inviting at night. Investing in exterior improvements can increase the rental property's desirability and potentially command higher rental rates.


Communal Amenities

For multifamily rental properties, consider offering communal amenities. These can significantly boost the attractiveness of your rental property. For example, if in-unit washers and dryers aren’t included in the rental, provide on-site laundry facilities. This can be incredibly convenient for tenants, saving them time and money. Communal areas like lounges, game rooms, or rooftop gardens foster a sense of community among tenants, which can encourage interactions. This can also make your property more appealing to a diverse range of prospective tenants.


Much like a property management company, improving your rental’s features shouldn't be seen as a cost; rather, it should be seen as an investment to
improve your rental income. If you are looking for help improving your rental or need help managing your Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online.

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By Dustin Edwards December 19, 2024
If you're properties are suffering from lack of heating this winter, these 3 common issues could be the cause.
By Dustin Edwards December 12, 2024
Although Southern California’s winters are typically mild when compared to other parts of the country, tenants still value a warm home during the cooler months. Taking steps to maintain a comfortable living environment shows your tenants that their needs are being prioritized. This is crucial for tenant satisfaction, especially during the holidays. Below are three methods to help keep tenants warm during the winter season. Maintain Heating System It's required for landlords to provide rentals with a working heating system, however, it's not uncommon for these to fall into disrepair either because of lack of maintenance or negligence. Scheduling regular inspections and maintenance before the coldest weather can help to ensure the heating is reliable and efficient. Cleaning air filters, and checking for cold spots, or irregular noises can help prevent small issues from escalating into expensive repairs. Preventative maintenance can help to reduce the chances of inconvenient calls for emergency repairs. Being proactive with your maintenance can also help you protect your investment while earning goodwill from your tenant. Another factor that can affect your heating system is drafts around windows and doors. These drafts can cause your heating system to overwork which makes the system less efficient, and reliable and ultimately reduces the lifespan of your heating system. You can address this by inspecting the seals around doors and windows for gaps or cold spots. Replace worn-out seals and caulking where it's needed. Offer Smart Thermostats Consider providing your tenants with a smart thermostat for energy-efficient heating. This can not only give tenants control over their comfort, but it's also a great tool to reduce energy usage. By providing this upgrade to your tenant, you show a commitment to your tenant’s satisfaction which can in turn result in a long-term tenant. These kinds of devices definitely benefit your tenants, though they can also contribute to the longevity of your rental property as well. Additionally, you can give your tenant a smart thermostat as a holiday gift . This can show your tenant that you’re not simply collecting rent while protecting your investment. Reverse Ceiling Fans The direction in which a ceiling fan rotates is oftentimes overlooked, and it can have a great effect on the temperature of a home. A ceiling fan is typically seen as a way to cool down a home during the hotter seasons without using the air conditioning . Reversing the spin of a ceiling fan can help to circulate warm air more efficiently during the cold season . This is because warm air rises, and a fan rotating clockwise will push the warm air back down helping maintain warm temperatures. Most fans have a switch on the motor and it is easily accessible for most people with a step ladder. This easy adjustment helps reduce the need for your tenant to use the heating system. Tenants will notice a more consistent and comfortable temperature indoors. This should also help reduce costs on their energy bill. Reversing the rotation of the ceiling fans also takes some of the strain off of the heating system. This helps to ensure it operates efficiently for years by reducing the wear and tear on it. Taking proactive steps this winter season to ensure your tenant’s comfort demonstrates a landlord’s commitment to their tenant’s comfort. A comfortable tenant is a satisfied tenant , which can lead to a long-term tenant and steady rental income. Consider it a small investment for long-term success. If you need help keeping your rental warm or managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .
By Dustin Edwards December 5, 2024
Discover 3 Gift Ideas for your tenants this holiday season.
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