About Condo Cleanout for Renting or SellingA huge mistake inexperienced property investors or homeowners make when renting out a house is believing the rate they charge will create an actual profit. But, the rental price must not only cover the mortgage and insurance, it’s also got to fund the property taxes, HOA, maintenance, and more. Basically, the rent must be high enough to cover the expenses but not too high.
Renting out your house, condominium, or apartment can be lucrative. But how do you prepare a home for rental? The number of renters in the United States—currently at 40 million—is expected to increase by between five million and six million in the next decade, according to the National Association of Realtors. That’s opportunity if you want it. Yet before you post a ‘for rent‘ sign and advertise your rental property, take time to prepare your place. —Realtor.comThis is why it’s helpful to do what you can, where you can to avoid additional expenses. Research like properties, with the same number of beds and baths, about the same square footage, and similar amenities. Then, you can determine the monthly rent based on actual market value. You’ll also have to make the space presentable to rent it out.
Jacksonville Beach Condo Clean Out GuideNow, if you’re ready to get going with a condo clean out, you’ll need an actionable plan to follow. Here are the top condo clean out tips you can use:
- Refresh or remove furniture. Whether you’re going to rent or sell, if there is furniture in the condo unit, you’ll have to decide what to do with it. If it’s going to serve as a vacation rental for tourists and furniture is in good condition, refresh the fabric. However, if you’re going to sell the condo, it’s probably better to get rid of it all.
- Empty the kitchen. Cleanout the entire kitchen, including the pantry, cabinets, and drawers. Leave nothing inside so people can see plenty of storage space. You can leave some neat decor about but the countertops should otherwise be unoccupied.
- Get rid of all toiletries. Regardless if you’re selling or renting it out, you’ll need to remove any and all toiletries. There’s just no reason to leave these in the bathrooms. (You can leave a couple of hand towels, hand soap, guest soaps, as well as a roll or two of toilet paper.
- Purge any and all junk. Of course, if there’s any junk lying around in any part of the condo, you need to get rid of it, as well. Purge, purge, purge and create more space doing so.