Harlem is a trendy and stylish New York neighborhood that is quickly gaining recognition for the amazing properties that are available to rent there. As renting is becoming big business, it makes sense to cash in on the trend. As Harlem rentals are becoming increasingly popular, there is some stiff competition, so make sure to read these tips to find out how to get your Harlem home ready for renting.
Fix Up Any Rough Patches
Possibly the most important step that you need to take to get your home ready for renting is to ensure that everything is running smoothly and as it should be. This means that you need to check every appliance to ensure that there are no faults or that it is in need of an upgrade. If you rent a property and half of your appliances aren’t working, not only can you get lots of complaints from your tenants, but there is a possibility of you being taken to court for supplying accommodation with subpar living conditions. There are lots of small tasks that you will be able to do yourself such fix a leaky faucet, but there are others that may require professional maintenance, so ensure that you leave enough time to fix each and every appliance that is not up to standard.
Spruce Up the Décor
No one wants to rent a home that is filled to the brim with outdated décor, so you need to make sure that you are on top of the latest interior design trends to attract as much attention to your property as you possibly can. One of the biggest and classiest trends in interior design at the moment is that of minimalism. To briefly summarize it, minimalism uses either neutral or muted colors and focuses on minimizing clutter to accentuate the cleanliness and neatness of a room. To modernize your home, try introducing some aspects of minimalism by keeping the style of the rooms sleek and classy with modern accent tables and sticking to a neutral or muted color scheme.
Figure Out the Rental Price Beforehand
So, you’ve fixed any design or functional problems that your home may have, but there is a still huge hurdle to cross, and that’s figuring out the cost of rent. It is important that the rent you charge is not only fair to the client, but can also earn you a profit, especially after some necessary renovations. When you’re calculating the cost of rent, you need to make sure that you have carefully considered and factored in the location of your home; if it is close to any shopping centers or tourist destinations, this can increase the cost. Make sure that you’re fair to any potential renters, but also don’t cut yourself short and risk losing out on a profit.
Renting is becoming a big business in Harlem these days, so make sure that you get involved in all the action and make an easy profit by renting out a beautiful Harlem home. Make sure that you have fully prepared to rent your home out and you can soon be raking in profits and making a name for yourself in the Harlem renting business.