Not selling your home when there is a slump in the residential property market in Hollywood Hills is a smart decision. It saves you from selling your property at a low margin. But if you think that a drop in property prices cannot bring you any financial benefits, you are wrong!
By leasing your home in Hollywood Hills, you can generate generous income as you wait for the economy to improve. Not sure how to prepare your home for rent? Here are a few ways to attract tenants quickly.
Allocate Personal Property to Tenant Use
Any personal property that is indoors or outdoors will be available for tenant use after the lease. It can include anything from lawnmowers to refrigerators and furniture. However, you can relocate any personal belongings from the rented home if you don’t want it to be used by the tenants. Everything else in your house needs to be in a workable condition. To attract tenants and convince them to pay a higher rent, you can remove any cluttered objects away and give your interiors a pleasant look.
Clean Your Home
To leave a positive first impression on your prospective tenants, you will have to clean your house to make it look immaculate. A clean house can also be a good comparison ground for when the tenants evacuate your home. Whether you clean it yourself or hire a professional cleaning service, don’t overlook:
- Dusty windows and doors
- Soiled carpets that are marked by pet stains, mildews, or molds
- Dirty storage areas such as closets, cabinets, basement, etc.
Boost Your Curb Appeal
Unlike cleaning the house, beautifying it is an optional preparatory measure. But it guarantees that you attract high-paying renters. All you need to do to create a unique curb appeal before leasing your home in Hollywood Hills is to:
- Carry out minor cosmetic touch-ups that highlight the good features of your home
- Make inexpensive changes such as cleaning out weeds from the flowerbeds in your garden
- Add in a few complimentary perks such as light curtains that enhance the interiors
Carry Out Maintenance Procedures
Even if your house generally looks great on the outside, any functional or mechanical issues will reduce its livability. Hiding cracks in the floor by pulling over a carpet or cracks in the walls by covering them with paint are not the right solutions. Look around and see if:
- The electrical fixtures work properly
- There are any marks, holes or water spots on the walls
- All the appliances are in good working condition
- The doors and windows are hinged tightly, and they function smoothly
Get a Property Evaluation Done
A significant aspect of preparing your home for lease is to ensure that it is ready to qualify as a rental property. While you can carry out the evaluation yourself too, the easiest way to do this is by hiring a real estate company in Hollywood Hills that can carry out your property’s evaluation.
Secure a Landlord Insurance
You are ready to lease your home the moment you secure a landlord’s insurance. This property insurance covers any property damage that occurs while your home is occupied by your tenants.
Our Final Thoughts!
If you are overwhelmed by the leasing procedures in Hollywood Hills, contact Pezzini Luxury Homes right now at 1-310-275-2076 and avail their expert consulting services.