As an investor in real estate, many factors contribute to successfully earning the highest possible return on your investment dollar through your rental properties, and tenants are one of those determinants. For this reason, you must meet tenants in person to ensure everything checks out on their application and in the references they provide. By attaining responsible and respectable tenants and treating them with respect in return, you can rely on them to care for your property and provide you with a steady income through your real estate investment business.
Preserving the landlord-tenant relationship through your management policies, with guidelines laid out in writing from the start, will lead to the best possible experience for everyone. However, it’s also essential that you have people skills and some flexibility given the circumstances of your tenants, life doesn’t always go to plan, and there are times that the rules may need to be bent to keep an overall top-notch tenant in place. So read on as we explore the things you can control to attract renters in Omaha and Council Bluffs.
Pricing
After years of underbuilding as opposed to demand, there is an existing housing shortage. As new construction is discouraged by current higher interest rates, the demand for rentals is rising, increasing rents. Of course, the better your location and the larger the property, the more you can demand. Given the proximity to good schools, parks, shopping, and other conveniences and low crime rates, the more you can charge, the more likely you are to have quality tenants. Therefore, careful consideration must be given to your rental rates, weighing the recent interest rate increases against the current market rate and finding the right price point to attract renters in Omaha and Council Bluffs. Don’t forget to upgrade technology for receiving your rent payments. Several online payment methods and apps are available your tenants will expect this convenience. Working with professional home buyers in Omaha and Council Bluffs like those at Harter Investments means you’ll have the data to compare your property to other rentals, along with an analysis of your income and expenses to help you pinpoint your rental rate.
Amenities
The perks or little extras that make your rental stand out are something else that attracts renters in Omaha and Council Bluffs. Over sixty percent of the population has been searching for more private family entertainment, refocusing on outdoor activities since the pandemic. A new focus on home-based activities created a surge in add-on conveniences such as pools, built-in BBQs, or outdoor kitchens and architectural features such as pergolas for shaded gathering areas, making staying home more fun. In addition, consider adding extra green space, gardens, walking paths, and designated dog walking areas. Working with professional direct cash home buyers in Omaha and Council Bluffs like those at Harter Investments can help you zero in on the amenities that make sense for your investment properties to realize the best return on the investment.
Privacy
Parking areas and entry designs, including keyless entries that allow for privacy, little interaction, and plenty of space between neighbors, have also grown in demand since the pandemic and are sure to attract renters in Omaha and Council Bluffs. In addition, tenants seek rental units that offer privacy in other areas of their lives, such as telecommuting workspaces, homeschooling, and the spaces and equipment for fitness.
Curb Appeal
Curb appeal, or the appearance of your property from the street, attracts renters in Omaha and Council Bluffs. Security is vital to tenants, and strategically planned landscaping and outdoor lighting will enhance their attraction to your rental. Of course, you should also focus on enhancing the appeal of the interior. Working with a professional home buyer in Council Bluffs and Omaha like those at Harter Investments gives you guidance on which upgrades will boost your property’s attraction. Our full-service team of industry providers can handle everything for you, from cleaning to painting and repairs.
Harter Investments
At Harter Investments, we buy houses in Omaha and Council Bluffs and we focus on helping our investors earn the highest possible potential from each investment dollar. Achieving your goal of living out your golden years in the style you wish and enjoying financial freedom through a strategically planned real estate portfolio is the passion of the professional home buyers in Omaha and Council Bluffs at Harter Investments. From selecting the right location for your rental property to placing the best tenants, our team of the most highly regarded local professional property managers handles everything you need to attract renters in Omaha and Council Bluffs when you work with the professional homebuyers in Council Bluffs and Omaha at Harter Investments.
At Harter Investments, we’re proud of our work, improving the lives of our neighbors and our community, helping help homeowners, solving problems, and rehabilitating properties, increasing values here in Omaha and Council Bluffs overall, helping the local economy. We buy houses in Council Bluffs and Omaha so don’t forget to ask about our current inventory of the best rental property available in Omaha and Council Bluffs. If you want to sell your property fast in Omaha and Council Bluffs, Harter Investments can help with that too, you won’t pay commissions, hidden fees, or closing costs when you work with our professional home buyers in Omaha and Council Bluffs. Just call a professional direct cash home buyer in Council Bluffs and Omaha from Harter Investments at 402-939-6556 or send us a message today or visit us at www.harterinvestments.com!
