When it comes to tips for apartment owners there are some great options and ideas to increase the quality of tenants and the amount of rent and to decrease those vacancies. It all depends on what you are after and what your property can offer.
Marketing a small space? Make sure to have plenty of storage and consider purchasing smaller appliances to save room in kitchens. Concerned with sustainability or saving on energy costs? From Energy Star appliances to changing out your old lightbulbs for new compact fluorescents there are many of changes – large and small – that can be made. You might also consider the pros and cons of furnishing an apartment, redoing the floors in a versatile and inexpensive material like vinyl, and allowing pets in your buildings.
For the exterior of buildings, consider your landscaping. Does it look welcoming or is it more likely to scare off perspective renters? Do you need to spend some time on spring prep to spruce up your place? And don’t forget the important elements of child safety – this should not be overlooked!
To that we say, “Why would anyone not rent a water heater?”