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How to prepare your home for rent

By Heather Mellican

Just bought your new investment property or want to put your home up for rent?
Listing your property for Rent can require just as much thought and effort as putting your home up for sale. There are many things to consider to make your property shine above the rest.

Inclusions: Think about what you will be leaving behind and ensure it is in good working condition. Leaving a dishwasher or washing machine could help increase your rent for tenants looking for those added extras.

Fix it: Carry out all repairs from the letterbox to the back fence and ensure your home is in top condition. A small repair could save you a bigger problem in the future.

Make it sparkle: Set a standard from the get-go and give your property a spring clean. Not only will it spark more interest among potential tenants but will also give them an idea of how you expect the property to be cared for. Make your home as presentable as possible, just as you would if you were selling.

Don’t forget the outdoors: First impressions are everything. Ensure your fences are in good condition and your garden is well presented.

Source: 136 Dalton, Road Thomastown 

Insurance: You’ll need to let your insurance company know you won’t be living there and arrange landlords insurance.

The fine print: Make sure your property meets all current guidelines and safety regulations. Ensure your smoke detectors are in working order and railings are all in check. Your property manager will be able to advise you on laws relevant to your property.

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