Understanding what your tenants are looking for is key to finding a good tenant quickly. In the Fort Leonard Wood area, we've learned what a tenant is looking for, and we've made this list of some of the most popular. Check it out below:
- Close to Post - No tenant wants to have to sit in traffic forever on their way to and from work. That's why one of the first questions many potential renter asks is often "How far is that house from post?" Especially for people who are not from the area, using Fort Leonard Wood as a point of reference makes it easy to estimate what their commute will be like. Though being close to post is desired, some tenants like a house that is 15 or 20 minutes away, because they can get to work quickly, but home is far enough away that they can get away from their job after hours.
- Fenced-in Yards - Most tenants have kids or pets or both, so having a fenced-in yard is perfect to play safely or let your dog off the leash. We've found that the type of fence doesn't matter as much as having one, though a wood privacy fence makes the yard nice and secluded.
- Pet-Friendly - 70% of the tenants we moved in in 2018 had pets. By not allowing tenants in your rental, you may be eliminating 70% of your potential renters. As a landlord, you can have stipulations about pets, such as having pet rent, deposits or fees, but by denying them completely, you lose out on a majority of the market.
- Well-Maintained Rentals - A house that has not been well taken care of is one of the most common complaints we hear. You can easily limit this complaint by making sure the little things in your property are taken care of: things like cleanliness, paint and well-maintained flooring. That doesn't mean that you have to repaint the whole house or replace carpet after every tenant, but you should make sure that any damaged areas are fixed and any nail holes in the wall are filled and painted. Cleanliness is also important because tenants are more likely to take care of a property if they feel the landlord has taken care of the property too.
- Extra Storage - Military tenants have a lot of stuff they bring on moves, and they need to have a place to store it since they don't use it for work every day. Having extra storage, such as shelving in the garage, lots of closets or dedicated storage rooms makes your property more desirable.
If you are considering renting your house and want to learn more about what tenants are looking for, check out our Landlord Insights, a part of our FREE Landlord Resource Kit. You can also learn more about what Millennials are renting at this Home Let article.