Tips For Renting Your Place Out

15 February 2017
 Categories: Real Estate, Blog

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If you have just decided that you are going to be putting your townhome, condo, apartment or house up for rent as a place to live, then there are a variety of things you should do to get it prepared as a rental. If you have decided that you are going to go with a property management company, then you will need to fill out paperwork and sign contracts with them. Once you are set up with them then they will take care of everything for you. However, if you are going to be renting your house out on your own, then you will want to follow the tips detailed in this article so you know you have everything covered.

Have your home professionally cleaned

You should have a professional cleaning crew come out to clean the entire house before you rent it out. This will offer your new renters the benefit of a 100% clean home they can feel immediately comfortable in. You also want to have it on the lease that they will hire a cleaning crew to clean the house before they move. Otherwise, you will take the fees out of their security deposit to pay for a cleaning crew on your own.

Have your carpets professionally cleaned

You also want to have your carpets professionally cleaned. Just as with a professional house cleaning, you'll also want to specify in the lease that the tenants will in return be responsible for having the carpets professionally cleaned upon moving out, otherwise the fees for that will also be taken from their security deposit.

Have the locks changed

You should have the locks in all the outside doors replaced with new ones. This way, you can rent the house out knowing that there isn't anyone else out there with keys to the house. A locksmith can come out and take care of all of the locks for you. You should also have the locksmith take a look at all of the window locks to make sure they are high quality locks for your renters.

Do a good walkthrough

You want to go through the entire house with the new renter and mark down anything that is already damaged or not in perfect condition. Both you and the renter will sign this form. This way, you know that any new damages caused by the renters are their responsibility to pay for upon moving out. When they do move out, you will pull that form back out and do another walkthrough with them, making note of any new damages.