How to Stage Your Rental For Sale in Winter

It is important to note that a tenant wants to be wowed when they look at a unit for rent. A clean, comfortable home is on everyone’s wish list, and it is easy to prepare a rental property to show off its assets and get it rented out quicker. Consider the fact that a staged home will garner a higher rent and will stand out in a sea of properties. Your My Dwelling representative will help you stage your home for the ultimate winter property.

 

Let’s start with the outside.

  1. Always make sure to keep your driveway, pathways, patios, decks and steps free  from snow or ice. Not only is this a hazard wreathfor your potential renter, but it will look clean and inviting with clean walkways.
  2. Add a winter wreath to your doorway, or sparkling white lights to your bushes or fence. These small holiday touches will give your house a homey, welcoming feel.
  3. Add outdoor lights on timers to help potential renters see the home and help them see where they are going.
  4. Make sure to add a welcome mat to your front door. This will not only add a touch of warmth but also will help keep renters from tracking in snow and dirt from the outside!

 

Moving onto the inside.

  1. Make sure your heat is turned up to a comfortable temperature for your guests.
  2. If you have a fireplace, light it! Take the time to talk to your My Dwelling representative to make sure they will be in the house while it is lit.
  3. If you have a non-working fireplace, add fake or real logs to add ambiance. Or get creative with candles, greenery or holiday decorations!fireplace
  4. Cozy it up with throws on the backs of your couches, fluffy blankets and quilts on the beds.
  5. Keep curtains open and lights on. Your house will show better without the shadows or fumbling to find the light switches.
  6. Want to make it not only look festive but smell festive? Simmer a few cinnamon sticks, oranges and cloves over the stovetop prior to your open house or showing.
  7. Clean your windows inside and out. They should sparkle and shine!
  8. Decorate for the holidays without going overboard. A few elegant items will uplift your décor, not overpower it.

 

Staging your home during the winter months is so important! Creating a space that your potential renters can see themselves living in is imperative for your home to be rented out. For any questions or suggestions about your own home, ask your My Dwelling representative!

Flying South for the Winter? Steps to Winterize Your Home

If you fly south for the winter, there are some precautionary steps you should take to ensure that your home is safe while you are gone. In addition to the steps you can take, My Dwelling provides Property Management with their Home & Condo Management program. They will visit your property weekly and winterize take all the worry out of the home being vacant. They also provide other services such as coordinating maintenance repairs, move-in/out checklists, rent collection, security deposit, and accounting management if you decide to rent it while you are away. They can also monitor furnaces, walk throughs following a rain storm, schedule gutter cleanings and more!

Here are some things to do with your vacant home during the winter:

Outdoors

  • Forward your mail, stop your newspaper deliveries or ask your friend or relative to collect things that are left on your doorstep.
  • Arrange for someone to shovel the driveway after a snow storm.
  • Clean gutters to prevent ice dams from occurring.
  • Check large overhanging branches and consider taking them down. They could be a hazard in a snow storm.
  • Have your chimney inspected and closed to make sure that no critters will find their way into your property.
  • Drain and shut off outdoor water faucets to prevent freezing damage.

Indoors

  • To make sure your home looks like it is continuously occupied, set some interior lights on a timer, and put motion-sensor lights on the exterior.
  • Confirm that your alarm systems are in working order and have been turned on. Or download an app to your phone that can control the alarm from anywhere.
  • Depending on how long you will be gone you can protect your pipes by turning off your water. Hire a plumber to blow compressed air through the pipes to make sure there is no excess water left.
  • Otherwise if your home will only be vacant for a short amount of time, you will need to keep your home at a minimum of 55°F to keep pipes from freezing. Leaving room doors and under the sink cabinets open will also help the circulation.
  • Clean, defrost and unplug refrigerators and freezers by wiping them dry and leaving doors propped open to prevent mildew.
  • Store valuables that you are not taking with you in a safe or an offsite location.
  • Unplug all unnecessary appliances before you leave.

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These are imperative to complete before your property would be considered winterized. Taking care of your property can take time and skills you may not have. Consider hiring a representative from the Home & Condo Management who could take care of all of these chores for you. Professional, respectful and timely, the Home & Condo Management division are people you can trust.

Seven Features to Consider When Searching for a Profitable Rental Property

Deciding to purchase a rental property is a big investment step. My Dwelling is here to guide you through the process confidently while providing resources along the way. Here are eight points to research and think about while looking for a rental income property.

 

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  1. Will you be the active property manager? This depends on location. If the home is close to your own home, you could be the active manager or if the home is farther away, you can also hire My Dwelling to be your property manager.
  2. What kind of neighborhood are you looking for? Suburban families? Near a university for high-turnover? This will help you figure out how often vacancies may occur.
  3. What kinds of schools will you be near? Parents with children or planning a family will be looking at the school’s rating and will want to live close. Find a school with a quality rating.
  4. How is the local job market and see how it is faring. Are there start-ups in the area or places where businesses are growing? People like shorter commutes and having a growing business in the area would be a positive attribute.
  5. What are the amenities in thmy_dwellinge neighborhood? Are you near a gym, shopping, a park or restaurants? Proximity to these perks will help your price while keeping your building filled.
  6. How are the vacancies or listings in the area? Are there a lot of open slots? This may mean that the neighborhood has become less desirable or maybe it is cycling over from old to new. Do some research to find out what the case is.
  7. What is the average rent in the area? Rental payments are how you make your income; it is a good idea to see what you can charge in the area before buying.

 

After looking into these seven options with your My Dwelling representative, it should paint a clear picture on just what kind of rental income property best fits your needs. Your My Dwelling representative can not only help you with finding your rental income property but also maintaining and more! Contact My Dwelling today to find your representative.