Every landlord wants the perfect tenant – one who is never late on the rent, takes care of the home and earns the right to get the entire deposit back at the end of their lease. For this type of tenant you must know what to consider when investing in a rental property and how to attract the ideal tenants.
As a parent, the first thing to consider is the school district. In fact, 85 percent of tenants consider school zones the top deciding factor of where they want to relocate. Every parent wants their child to succeed and in order to assist in that success parents must decide the type of education that their children will receive. Real estate apps display the school district and rating levels for the surrounding area. In fact, looking for a great school system for a new rental is a good rule of thumb as it is predicted that the quality of the schools in the area will predict the neighborhood environments surrounding the area.
Although the school zone is the top guideline when looking for real estate investments, so is the safety in the area. Safer neighborhoods are highly desired and a tenant may be willing to pay more for a lease in a safer neighborhood than they are to save money in a less safe area.
Is your rental move-in ready? Tenants don’t want to do extensive cleaning when they move into your property. If you desire a tenant that takes care of your home, then you must show them the same standards prior to them moving in. Clean floors, a fresh coat of paint, new lighting and replacing broken appliances and fixtures should do the trick.
Is the property centrally located to an economy that is growing with close proximity to jobs? This ensures that the surrounding infrastructure has room for growth while helping to improve the home value and quality of potential tenant applications.
770 Capital Investment Group is a real estate investment group that provides individuals and institutions access to private real estate investments. We provide an interest payment in a monthly or annual payment based on the contract. Our financing is based on the residential commercial or industrial project assets. Known for our integrity, transparency and honesty, our reputation is sure to gain your trust for your investment endeavors.
For more information regarding our services, please contact us at our Atlanta office at 770-227-4825 or send us an email at firstname.lastname@example.org.