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Staying on top of the leasing cycle in Middle Tennessee

leasing cycle

Real Property Management Rental Solutions is the preferred Murfreesboro property management company with expertise in the leasing cycle, from rent-ready to the lease renewal. An important first step in that cycle is having your property rent-ready. Understanding what it means to have your property ready to show and in “move-in ready” condition can significantly speed up the time it takes to find good tenants. RPM Rental Solutions, based in Murfreesboro, TN, knows that taking the needed steps to prepare a rental property FIRST before it is ever shown to prospective tenants — or even advertised — will have greater rental success. As soon as a property hits a market, it gets the most attention and you can’t get back that first impression.

Time for repairs

As soon as the property is vacant is the BEST time to take care of any repairs and/or remodels you have to do to the property. This includes any outdoor or indoor work, and anything that needs improvement after it was left from previous tenants. However, make sure that all the cleanup is done and the property is sparkling before showing it. Have the home professionally cleaned including the carpets, and smelling good. We’ve had owners bake chocolate chip cookies for tenant showings and that is always a nice touch. Keep the utilities on so that prospective tenants can really see what the property looks like in any weather and at any time of day.

Getting the best market rate

Before you advertise a rent rate, RPM Rental Solutions can complete a rent market analysis to determine the best rental rate for your location and size property with your specific amenities. You can’t go up on the price after you list it and realize it’s VERY popular at that rental price!

Safety comes first for the tenants

Before a new tenant moves in, we always have the property re-keyed. This keeps your future tenants safe from theft and burglaries. You have no idea who could have the key that your old tenants had. The safety of your tenants must always be a priority. If a burglary should happen, one of the first things the police will ask when they find out it is a rental is if the landlord had changed the locks! And be sure to take care of any other safety issues, such as broken windows, mold, broken locks, or exposed wires.

Get that curb appeal

Finally, take a good look at your property from the curb. Does it have curbside appeal? It may be a good time to trim shrubs, pull weeds, and add fresh mulch. Just a little initial effort will make a big difference towards leasing your property quickly, motivating tenants to care for it in the condition they found it, and will help ensure your rental investment is giving you a return.

Move-in inspection

The final step to be sure a home is rent-ready is to conduct a move-in inspection. We always video a complete and detailed walk-through with notes and photos to accompany. We go through and record the condition of the walls and floors, check that all appliances are in working order, new batteries are in smoke detectors and that they are functioning properly, new HVAC filters are in place, no faucets are leaking or toilets are continually running, and that all windows and doors securely lock.

Real Property Management Rental Solutions, based in Murfreesboro, TN and serving all of Middle Tennessee, can help you with your rental property and the leasing cycle, from getting it rent-ready to the lease renewal. Contact us at 615-900-4067 to learn more about our property management services!

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