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Written by Katie Conroy firstname.lastname@example.org / www.advicemine.com
Landscaping Your Way to Quality Tenants
Show you care for your tenants by caring about the exterior of your rental property. It may seem like just another expense added to managing your investment, plus it takes some effort to attract quality renters to your property. Still, with a few changes, your property can go from long-term vacancies to having reliable, long-term renters.
Start With Landscaping
Take a look around the neighborhood. The lawns and outdoor spaces speak volumes of how much the owner cares for the property. Neglected areas include weeds, messy hedges, and long grass. Rentecdirect.com suggests that "rental properties that have well-maintained exteriors means that the owners also take care of the inside of their properties."
If you're thinking about investing in a rental property, think about whether or not you'll want to take this extra care for your property. For current landlords, if you're having trouble finding new tenants, the outside may be putting off prospective renters before they even see what’s inside.
But don't worry — landscaping doesn't have to be elaborate or expensive. First, compare your property with the neighbors. If their landscaping is pretty low-key, you may not need to spend a lot of time or money. On the other hand, if the neighborhood landscaping tends to be fancier, you may need to upgrade more. Lake Homes Realty suggests that great outdoor living spaces will also do wonders for your mind and body.
Take the time to check online for lawn care services or local tree removal contractors to take care of landscaping, tree removal, gardening, and more. Make sure to check online reviews and compare the inclusions of several services before choosing one. Depending on the amount of work that needs to be done, the size of the tree, and other such factors, you could be looking at up to $1,500 in expenses so you don’t want to leave this to chance.
Depending on your budget, there are realistic ways to create curb appeal to attract renters. Let's explore some ideas to bring renewed life to your property.
Keep It Simple
Start with the basics: mow the lawn. For a low-cost but effective option, consider edging the lawn. Simply cutting or hiring a lawn care company to care for it until it's rented can make a big difference in the visual appeal of your property.
Next, add a couple of small touches like a flower pot (with a healthy flower growing) and a welcome mat out front. Another simple trick is to trim the trees and bushes and clean up the yard — tidying things up may be all you need!
Hardscaping uses fewer living plants. It’s attractive but requires less maintenance. Greenresidential.com defines hardscaping as "the practice of using stones, rocks, paths, and other hard surfaces in lieu of grass, plant beds, and flowers.” This gives you more outdoor living space but you won’t spend much time mowing the grass or tending to plants. Hardscaping may be appealing for renters, too, because they don't have to do much work outside while they live in your space.
Consult with a professional to create a design; ideally, you'll start with a feature design and build around it. Greenresidential.com warns to be careful with water in your hardscaping design — rain and drainage must go somewhere, and fewer live plants give water more freedom, which could negatively impact your home's foundation.
By sprinkling a little TLC into your rental property, you'll be sure to see the effects of your efforts by attracting quality renters to your investment property. Are you still looking for the perfect rental property to invest in?
Contact Linda of Lake Homes Realty to start! (603) 973-4394