If you are a rental property owner, a property manager or an employee of a company specializing in property management like Taylor Equities, owned by Steven Taylor Taylor Equities, your livelihood depends on attracting and keeping tenants. Part of appealing to potential renters is offering extras along with a living space. Here are five amenities you can offer that are popular with tenants.
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1. Laundry Access
One amenity many tenants search for is access to laundry equipment. A washing machine and dryer are expenses many renters cannot afford, so offering access to this equipment as part of the contract is sure to appeal to them. This can take the form of an in-unit washing machine and dryer or a laundry room with coin-operated machines.
2. Permission To Have Pets
Pets serve as faithful companions, emotional support and family. They are integral parts of many people’s lives. Allowing tenants to keep pets, with or without a fee, will broaden the crowd you can market to.
3. Free, Reliable Internet Access
In today’s technology-obsessed world, internet access is becoming more of a necessity than a luxury. It has invaded every part of life: Internet is required for work, school and social life. The younger generation, which has been shown to prefer renting to buying, has grown up connected to the internet. Providing free internet that is fast and reliable is a smart move.
4. Covered Parking
It is a fact of life that parking is both always needed and never available. Installing a covered parking area to shield renters from the weather is another way to bring in new tenants. The convenience of close parking by itself will seal the deal for some.
5. Public Area
A public area is another feature you can offer. This can be a communal living room type of area, an entertainment room, a rooftop garden or seating area or even a small playground for children.
Part of finding tenants is offering the best deal. The best deals offer enough in a package to outweigh the cost, so offering amenities along with the rental space is a worthwhile investment.