Are you planning to rent your home? With lake access, Neenah, WI is a popular place for renters. But you'll need to prepare your home before you list it.
Read on to find a guide for listing your home for rent!
Prepare Your Home for the Neenah Rental Market
When renting in Neenah, WI, you'll need an attractive home to capture potential tenants' attention. This means:
- Taking care of exterior cosmetic upgrades
- Freshening the interior
- Servicing major home HVAC systems
All home rental advice suggests that looks matter in a property. Fresh coats of paint can go a long way toward helping a bedroom or family room look better. And some kitchen upgrades or bathroom updates will help the property feel fresh and inviting.
Choose a Fair Price
When it comes to property listing tips, a big one is to choose a competitive price. While you may want to reach for a higher price to produce more income, that strategy could backfire. A price that is too high will be an automatic deterrent.
Take a measured approach when arriving at a price. Consider factors, such as:
- Your property's location in Neenah
- The amenities
- Property size
- Property condition
When in doubt, a reputable property management company can help you determine a price. They'll have the local Neenah market knowledge to help you arrive at a fair listing.
Create an Appealing Listing
An attractive listing can help determine whether your property is vacant or not. If you place a listing on popular platforms and use strong visuals and text, you'll command more attention. In your listing, include:
- High-resolution images
- Video footage
- Crisp descriptions
Drone footage adds a professional edge while showcasing your home's best features. Videos also can help potential renters sense the floorplan more easily.
Take quality pictures with soft lighting. And, of course, remove clutter so every room looks spacious. With some clear and descriptive prose, you'll have a complete and polished listing.
Screen Tenants
In a competitive market, you may have choices when it comes to tenants. Aim to choose individuals with:
- Clean background checks
- Verified employment history
- Complete applications
Steer clear of tenants with spotty employment histories and savings. You don't want to be in a situation where you have tenants unable to pay rent each month.
When possible, try to meet with applicants in person. Be sure to ask the same questions of all applicants to ensure an equitable process.
Try to gauge whether the individual matches your expectations regarding how the property will be treated. You'll build a stronger tenant relationship from the start if you feel good about the individuals living on your property!
Start Listing Your Home for Rent
Listing your home for rent can be a lucrative source of income. Take care of cosmetic and structural improvements before determining a fair price. Create an attractive listing and screen tenants carefully.
At PMI Fox Valley, we have a seasoned team to help with all aspects of property management. Trust us to tackle anything from rent collection to tenant screening. Contact us today to learn more!
