Keep your property well-maintained: Make sure your property is in good condition and that any necessary repairs or maintenance are carried out promptly. This will help ensure that your property remains attractive to potential tenants and can help you command higher rent.
Set a competitive rent price: Research the local rental market to determine the going rate for similar properties in your area. Set your rent at a competitive price to attract tenants, but be careful not to price it too low or you may not be maximizing the value of your investment.
Offer additional amenities: Consider offering amenities such as a furnished unit, in-unit laundry, or a gym or pool on the property to make your rental more attractive to potential tenants.
Use a property management company: If you don't have the time or resources to manage your rental property yourself, consider hiring a property management company. They can handle tasks such as finding and screening tenants, collecting rent, and handling repairs and maintenance.
Invest in upgrades: Consider making small upgrades or improvements to your property, such as installing energy-efficient appliances or adding a fresh coat of paint. These investments can help increase the value of your property and make it more attractive to potential tenants.
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