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Presenting Your Investment Property

 

 

First impressions are critical when a prospective tenant inspects your property. You don't get a second chance to make a good impression. Most tenants look for homes that are well cared for and clean. There is no doubt that well presented properties achieve market-leading rent and usually attract the best quality tenants. That adds up to higher investment return, together with fewer and shorter vacancy periods.

 

 

The following are some tips to get the most out of your inspections:

 

 

 

Exterior

 

Tend to gardens, remove rubbish, mow the lawns, and clean the windows, paths, gutters and outside paintwork. These areas give a first impression from the street and you don’t want prospective tenants to dismiss the property before getting to the front door.

 

 

If the property has a pool, ensure that the water and surrounds are sparkling clean. You want the prospective tenants to think it is an asset, not a burden. If the filter or the pool needs professional repairs it is better to do it now rather than putting it off. These repairs are also usually a tax deduction.

 

 

 

Interior

 

Present the property clean, tidy, and uncluttered at inspection. Get rid of odours such as cigarette or pet smells. Open the curtains/blinds to let the sun and the view inside. Repair or replace leaking taps, sticking doors, broken light fittings, loose handles, and rotten floorboards.

 

 

 

General

 

  • If the property is in a noisy area, such as a main road, inspection times should occur when the noise is at its lowest.
  • Ensure that all electrical wiring and power points are safe.
  • Take out comprehensive insurance cover on the property, including public liability. You don't want to be sued by a prospective tenant who accidentally injures themselves while inspecting the property.

 

 

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