Happy tenants make residential property management easy. Less complaints means your tenants are likely to renew their leases, which diminishes the amount of empty units in your complex. And more filled units means a more profitable property.
So how do you keep your tenants happy? Attractive units and common areas, attentive maintenance schedules, and a great location will help keep tenant enjoyment levels high.
Amenities are the easiest way to give your tenants everything they need to convince them to stay with you for a while.
What are the top amenities tenants look for from residential property management?
Nashville summers are hot. There’s no better feeling than escaping the heat into a properly-cooled room. This is a necessity in order to keep your tenants happy. An adequate air conditioner can make all the difference between a comfortable home and a continued annoyance. Installing an HVAC system with ducts leading to each room will keep your tenants happy through all the seasons of the year.
Everyone needs to do laundry. Most renters don’t have their own washer and dryer so they are going to be forced to go to a laundromat unless these machines are provided for them by residential property management. In-unit washers and dryers are huge bonuses to renters, but even providing a shared laundry room can be a great benefit to your tenants. Just be sure everything is continually cleaned and stocked with operable machines.
Covered parking is a major bonus when Nashville rain storms make the return from the grocery store a little more difficult. You can take this even further and provide assigned and reserved parking for your tenants. It’s pretty demoralizing to return from work and be forced to drive throughout the entire complex to find an open parking spot. Assigned spaces ensure your tenants they’ll know exactly where to put their vehicles.
And just how renters don’t usually own their own washer and dryer, they most likely don’t own their own appliances. Providing updated and fully-functioning kitchen appliances can greatly improve the experience of your tenants. An oven and refrigerator are fairly standard for rentals, but going the extra step to provide a dishwasher can be a big bonus for your tenants.
The ability to enjoy the outdoors while still enjoying the privacy of your own unit is a huge asset. This gives people not only a great place to relax, but also an opportunity to personalize an area that’s quite different from the rest of their place. Planting vegetables, hanging lamps, or simply putting a comfortable chair in their personal outdoor space is greatly appreciated.
People love their pets. Access to an area specifically for them can turn even the busiest urban environment into a pet-friendly property. This could take the form of an outdoor pet-relief area, a dog washing station, or even a fenced in park specifically for your tenant’s furry friends. Any considerations you provide for your pet will reflect greatly upon how you treat your tenants in general.
Socialization is one of the greatest aspects of life. And being friends with your neighbors is a definite bonus to your living situation. Providing common areas where your tenants can meet and hang out is a definite plus. This could be a game room, barbecue area, or simply a shared lobby with seating and vending machines. Residential property management should give tenants an opportunity to enjoy each other's company by providing either an indoor or outdoor common area.
Carpets aren’t forgiving. They hold scents, show stains, and can get quite dirty over time. Sharing space as people do in apartments can lead to these surfaces getting nasty. Hardwood floors are much easier to clean and make the entire unit seem more fresh on moving day for new tenants. This will save you in carpet cleaning and replacement costs over time, it looks better, and it’ll make your tenants feel as if they aren’t living with the grime of previous tenants.
We’re reliant on the internet. We stream our television shows, check our emails multiple times a day, and many of us use our home internet for work. Access to reliable and fast internet is a huge asset to tenants. Research your local area for the best service to provide this to your tenants. It takes one more necessity off their plates and makes every aspect of your property connected and helpful to your tenants.
Nashville Property Management