Preparing Your Property for Rent
At V & Co Realty, we understand the importance of making your property rental-ready. Renting out your property is an exciting venture, but it requires meticulous preparation to ensure both your property and future tenants are in good hands. Let’s walk through the essential steps to make your property rental-ready.
Fix It Up: Ensure Every Corner Shines
Before you showcase your property to potential tenants, it's crucial to fix any wear and tear. Check all fixtures and fittings, including electrical appliances, to ensure they are in perfect working condition. Install secure locks on all windows and external doors. To maintain privacy, make sure every window is fitted with working blinds or curtains. Additionally, secure blind cords to window frames or walls to meet safety requirements. For added safety, install screens on high set windows to prevent accidents.
Safety First: Comply with Regulations
Starting from 1 September 2023, minimum housing standards apply to all new and renewed tenancies in Queensland. These standards guarantee that rental properties are safe, secure, and reasonably functional, enhancing the living experience for tenants. The new regulations ensure that properties are not only fit to live in but also comply with health and safety laws, fostering a positive rental environment. For more information, you can access a range of helpful videos, webinars, podcasts, and factsheets, from the RTA website.
Safety is paramount. Ensure your property complies with the relevant Smoke Alarm regulations. Water compliance is equally important, so make sure your property meets all necessary requirements. If your property includes a pool, ensure it adheres to all safety standards. These measures not only keep your property compliant but also create a secure environment for your future tenants.
Picture-Perfect: A Clean and Inviting Space
First impressions matter. Thoroughly clean your property, leaving no corner untouched. A clean, well-maintained space not only attracts potential tenants but also sets the stage for a positive tenant experience. Pay special attention to lawns and gardens, ensuring they are well-groomed and visually appealing. A tidy exterior enhances curb appeal, making your property more enticing to prospective renters.
Legalities and Insurance: Protect Your Investment
Ensure your building insurance policy is up to date and accurately reflects the property as an investment. This step is crucial in protecting your asset. Additionally, consider organising a landlord insurance policy. Terri Scheer offers excellent options in this regard. A comprehensive insurance policy provides peace of mind, safeguarding your property against unforeseen circumstances.
Renting out your property is not just a transaction; it's an opportunity to create a home for someone. At V & Co Realty, we believe in providing exceptional service to both property owners and tenants. If you have any questions or need assistance in this process, feel free to reach out to Stephanie Dillon-Shallard, our specialist Property Manager, at 0436 003 955. We're here to make your renting experience smooth and successful.