{"id":21916,"date":"2020-04-29T10:17:18","date_gmt":"2020-04-29T10:17:18","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/?p=21916"},"modified":"2020-04-29T10:17:18","modified_gmt":"2020-04-29T10:17:18","slug":"5-tips-for-successfully-renting-out-a-furnished-apartment","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/5-tips-for-successfully-renting-out-a-furnished-apartment\/","title":{"rendered":"5 Tips for Successfully Renting Out a Furnished Apartment"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p><span style=\"font-weight: 400;\">If you have a fully furnished <a href=\"https:\/\/www.thehouseshop.com\/property-to-rent\" title=\"apartment to rent\">apartment to rent<\/a> out, it could become a <\/span><a href=\"https:\/\/www.ziprecruiter.com\/Salaries\/Landlord-Salary\"><span style=\"font-weight: 400;\">reliable source of additional income<\/span><\/a><span style=\"font-weight: 400;\"> every month. However, depending on where the apartment is located, what kind of a reputation the neighborhood has, the interior d\u00e9cor, the amenities provided and the actual quality of the furnishings inside the apartment, its demand will differ. Nevertheless, you can successfully and safely rent out a furnished apartment if you have the following bases covered.<\/span><\/p>\n<p><b>Make Sure that You Have Insurance<\/b><\/p>\n<p><span style=\"font-weight: 400;\">It must be clearly understood that home insurance as the owner and occupant will no longer cover the apartment if the owner becomes a landlord. Your insurance policy will need to be revised possibly to accommodate the necessary changes, or you may need to opt for a new insurance policy as a landlord altogether.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once you get your landlord\u2019s insurance and publish that fact in every ad, phone call, post, text, and email to potential tenants and real <a href=\"https:\/\/www.thehouseshop.com\/compare-estate-agents\" title=\"estate agents\">estate agents<\/a>, more willing tenants will begin to show interest in the property. From a business perspective, it would help if the tenant also had tenants\u2019 insurance to cover your rented apartment from future damages caused by them.<\/span><\/p>\n<p><b>Impress them with the Furnishings<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The term furnished apartment is a loose one at best, as it simply states that the apartment will be furnished with basic home\/kitchen appliances and furniture. The point is that a furnished apartment is supposed to provide a ready to move in experience to the tenants.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, the quality and the comfort of the furniture and other necessary home appliances will make a big difference. People looking for a turnkey experience will not appreciate it if they feel like they will either need to change a lot of things or settle with subpar amenities.\u00a0 That would make it very difficult to get your apartment rented quickly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During apartment viewings, the bed is one of the most common deciding factors, and rest assured that they will try it out. If you can make sure that the mattress is actually <\/span><a href=\"https:\/\/bestmattress-brand.org\/best-bed-in-a-box\/\"><span style=\"font-weight: 400;\">nice to sleep on<\/span><\/a><span style=\"font-weight: 400;\">, the chances of the apartment getting rented out successfully and fast will be pretty high. Just order one of the bed in a box mattresses to cut out all the hassle, but not before going through professional reviews to know which ones are actually good.<\/span><\/p>\n<p><b>Have It Cleaned Before Viewings<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Landlords in most US states are required to provide cleaning services to their tenants at a fee, but that\u2019s only after you actually get a tenant! In the meantime, you will need to have your furnished apartment properly and thoroughly cleaned by professionals once a month or so.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even after you have the apartment deep cleaned, it is advisable to <\/span><a href=\"https:\/\/www.goodhousekeeping.com\/home\/cleaning\/g2550\/best-cleaning-tips\/\"><span style=\"font-weight: 400;\">do some light cleaning<\/span><\/a><span style=\"font-weight: 400;\"> before a viewing, or in between two viewings on the same day. Shoe prints, handprints, smudges, dirt, water stains, etc. are common things to find in apartments post a viewing, so some light cleaning in between can make a big difference in creating that all-important first impression on your potential tenants.<\/span><\/p>\n<p><b>Take Some Time to Prepare for Each Viewing<\/b><\/p>\n<p><span style=\"font-weight: 400;\">When you will be showing off the apartment to possible tenants, everything should be in perfect order. Take some time to prepare the furnished apartment before a viewing appointment, make sure everything is in working order, and you will feel more confident as well. If you turn on the TV in front of potential renting parties, only to find that it\u2019s not working, that\u2019s an awkward situation to be in! Also, go in once after the cleaning crew has done their job to see if everything is in order and in line for the viewings.<\/span><\/p>\n<p><b>Ask for Competitive Rates<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Do a bit of market research and find out what the going rate is for apartments like the one you have, in its specific location. In line with that knowledge, try to make your rent charges as competitive as possible, but never go too low. People are suspicious of homes that are available for a surprisingly low rental fee.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Note that aside from renting out the apartment as soon as possible, you should also be thinking about safety. Prepare your contract with the help of a lawyer and do not sign anything without confirming whether any of your own clauses could hold you in an unexpected liability case.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you have a fully furnished apartment to rent out, it could become a reliable source of additional income every month. However, depending on where the apartment is located, what kind of a reputation the neighborhood has, the interior d\u00e9cor,<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/5-tips-for-successfully-renting-out-a-furnished-apartment\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":21917,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[1],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2020\/04\/Capture-15.png","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/5_tips_for_successfully_renting_out_a_furnished_apartment","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/21916"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=21916"}],"version-history":[{"count":1,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/21916\/revisions"}],"predecessor-version":[{"id":21918,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/21916\/revisions\/21918"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media\/21917"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=21916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=21916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=21916"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=21916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}