If you have some landed property that you’re wanting to rent out but would prefer to rent it as a fully-furnished rental, there are a few things you should know or consider before doing so. Because the right design and decor can make such a big difference in how much rent you’ll be able to charge, it’s important that you think carefully about how to design your landed property before you start renting it out.
To help you in making these decisions, here are three tips for designing s fully-furnished, landed property to rent out.
Keep Your Decor Style Neutral
To appeal to the greatest number of people, Kathy Adams, a contributor to SFGate.com, advises that you try to keep the decor style of your landed property as neutral as possible.
When people come into your property to see if they’d like to rent it or not, they need to be able to picture themselves living in this space in the future. But if the design or decor is too far off from a blank slate, it can be hard for them to put their own personality onto the space. And if this happens, you might have people who can’t picture themselves living in the space and would rather find something else that better matches what they perceive as being their style.
Match The Quality To Your Unit Type
When you’re considering what type of furnishing to bring into your landed property, it’s wise to consider the quality or price range of the unit you’re going to be renting out before you begin putting your furnishings in.
According to Laura Agadoni, a contributor to Landlordology.com, if your property is expensive or in a very well taken care of area, you’ll likely want to put more expensive furnishings in the space to match the quality of the unit. On the other hand, if your property hasn’t been well taken care of in the past or isn’t necessarily a high-end unit, you don’t need to spend the money on nicer furnishings because they won’t be expected or matching to the quality of the unit.
Don’t Furnish With Something You’re Protective Of
Renting out a furnished property can always be a little scary since you’re trusting the tenants to take care of these belongings that you own. Because of this, Patricia-Ann Tom, a contributor to Realtor.com, recommends that you don’t furnish your landed property with anything that you’re particularly protective of.
There’s always going to be a chance that the tenants won’t take care of these items as you might like or could even wind up stealing or breaking them. So to avoid this type of heartbreak for yourself, it’s best to keep furnishing in the property that you don’t have any type of emotional connection to.
If you’re planning to rent out a furnished, landed piece of property, consider using the tips mentioned above to help you include the right appliances and accents.