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What Needs to Happen to Get the Space Ready to Rent?

Are you considering investing in a rental property or renting out a separate part of your current dwelling? If so, here a few tips to help you prepare the space for a new renter.

What Needs to Happen to Get the Space Ready to Rent?

The first thing you should do is a complete inspection of the space, there are a number of conditions to look out for:

  • Water damage on the floors, walls or ceilings – ensure any spot is checked before just hiding with a coat of paint.
  • Smells that could be evidence of mildew
  • Leaks in the kitchen or bathroom fixtures – this will help prevent potential water damage in the future
  • Test all electrical outlets – ensure all outlets are up to the correct code
  • Ensure cabinets are on their hinges and the hardware is tight
  • Window coverings that are staying in place are in working order
  • Holes in the wall or significant markings that will need repair
  • If there is carpet, does it need to be cleaned? – This is almost always a must
  • Is the paint fading or is the color offsetting?
  • Appliances need to be in working order.  Are they reasonably up-to-date?
  • Check to see if the hardwood floors need to be refinished
  • Do all doors and windows open with ease?
  • Ensure smoke and carbon monoxide detectors are working on each floor / area

Once you have completed any items that need repairs or updates, it is a good idea to hire a cleaning service to thoroughly clean the space.

Take good notes of the final condition of the room to be able to refer to when a tenant departs so that you can use them to determine if you will need to make any deductions from a security deposit.

It is best to consult a professional to ensure that the space meets any local legal requirements and the lease agreement is solid. Without the proper paperwork in order evicting a unruling tenant can be a daunting task.

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If your browser settings allow, we and our partners will have placed cookies on your device when you accessed this website. We and our partners use these cookies for making the website better, customizing content and advertising based on your interests. By continuing to access this website you consent to these activities. See our Privacy Policy to learn more and change your preferences at any time.

By accessing this website you consent to us and our partners placing cookies to improve the website, customize content and advertising based on your interests, view Privacy Policy