How to Get Your Los Angeles Property Ready to Rent
Buying a rental property is the first important step towards setting up your rental business. However, it's not the only one. You will need to convert your property into a habitable home for your tenants to live there comfortably. This is a must if you want your investment to survive and thrive in the competitive rental market of Los Angeles, attract potential renters, and earn consistent rental income.
Here's a step-by-step guide to help get your Los Angeles property rent-ready.
Assess the Condition of Your Los Angeles Property
First things first, examine the condition of your house and ensure that it is habitable for your tenants. Some things that you must rigorously check include,
Cracks on the walls, floors, and the roof
Overgrowth of bushes and water accumulation in the yard
If faucets and other utilities are in working condition
Loose electrical connections and frayed or exposed wiring
Leakage issues, clogged sewage, pests, and molds
Hire Qualified Contractors to Get the Repairs Done
Once you assess the condition of your Los Angeles house and identify all the things that need to be fixed, focus on improving them one by one. Create a checklist of the essential repairs to avoid missing out on anything. Hire qualified contractors and vendors for professional and high-quality services. It will help you improve the condition of your property in a more qualitative manner and keep it rent-worthy for a longer time.
Make Sure That All Appliances Are Functional
Fully functional appliances play an important role in making the house rent-ready. You may have installed all the essentials, such as a refrigerator, an HVAC system, a washing machine, and a dryer. Now, you need to ensure that these are fully functional.
An easy way to check the functionality of the appliances is to turn them on and use them for a while. For instance, use the washer, keep the air conditioner on for 10 minutes or so, and use the garbage disposal to check if it is working well enough. If you find that any of these are broken, get them fixed soon and, if necessary, replace them to ensure their functionality in the long run.
Give Your Los Angeles Home a Final Clean-up
Cleanliness not only makes the house rent-ready but also makes it more inviting. A grimy house is uninhabitable, even if it has all the necessary utilities and amenities. It can even cause allergic and respiratory illnesses to the residents. So, make sure that the house is spotless.
Ensure that the walls, carpets, and furniture are stain-free. Vacuum clean the curtains and mattresses. Clean the porch, the countertops, the doors, the window glasses, the toilets, and the bathrooms. Maintaining hygiene is an important part of making your house rent-ready.
Add Smart Utilities to Your Los Angeles Rental
Smart utilities increase the desirability of a property, boost its market value, and provide tenants with more secure and convenient living conditions. Installing CCTV cameras in common areas, smoke and carbon monoxide detectors, smart locks, stainless steel appliances, or smart thermostats are some of the upgrades that can further add to the rentability of your house.
These were some of the key steps to making your house rent-ready. However, there are many more factors to be considered in the process, which an experienced property manager can help you with. MGMT Group is a full-service residential property management company with over ten years of experience managing real estate throughout the Los Angeles area. We take a proactive approach while managing our properties and believe in working to provide excellent results for client portfolios.
If you need assistance with making your rental property rent-ready, feel free to get in touch with our team at MGMT Group, Inc.