How Should A New Landlord Prepare Their Property For Renting?Tuesday, 23 September 2014 -
Melanie McFarlane interviewed live on Business Trends TV. "How should a new landlord prepare their property for renting?"
Hi, I'm Liz Cortes with Business Trends TV and today I am joined by Melanie McFarlane from MCM Property Services. Hi Melanie.
Hello, thank you so much for joining us today for this interview. So before we jump into the interview on how to find a really great property management company I want to tell the viewers a little bit about you. So Melanie McFarlane is the owner and operator of MCM Property Services and they specialise in dealing with residential leasing and property management. So MCM Property looks after properties all over Northern and Western Sydney so Melanie I'm so glad that we get to interview today. How should a new landlord prepare their property for renting?
Yes it’s a really good question, obviously if the landlord has been living in the property there may be a couple of things they need to do before we look at trying to find a tenant. So the first thing I'd say is just give everything a really good clean. Like sales, tenants will go into a property and they'll feel more comfortable if it’s nice and clean and fresh. You don’t really have to go to the extent of styling but you want to make sure that it’s not cluttered, that things are put away, carpets have been cleaned, walls have been cleaned, everything just looks nice and fresh and you tend to get a better quality of tenant when the property looks that way. The other thing that I'd say is when you live in a property as an owner sometimes there's those little maintennce things that perhaps you are okay living with but perhaps it’s not ok for a tenant. So those little finishing jobs that might be fixing a railing or a step or there might be a handle that's loose or something like that, just get all those little maintenance things out of the way. The third thing I'd recommend is any appliances or anything that’s at the property that as a landlord you don’t really want to have to replace or fix, get rid of it. If there’s an old air conditioning unit there what you don’t want is that it dies in the first week and then they landlord is up for replacement of that air conditioning. If they're not actually comfortable doing that then we do recommend that they actually just get rid of it, just have it not on site so then they don’t have that issue.