Rent your Home Columbia | Rent your Home Faster with these Updates

Rental homes are in hot demand, but developers are scrambling to build more housing to keep up with population growth in the Midlands. Investors in rental properties can find a lot of luck in attracting and retaining high-quality tenants by making updates that will have applicants clamoring to get a showing.

Best Updates to Make To Rental Properties

The best updates to make before you rent your home in Columbia are the fast and easy updates including:

Fresh coat of paint in the interior

Replacing carpet

Upgrading appliances

Refacing cabinets

maxing/polishing non carpeted flooring

Replacing the tub surround

Adding simple landscaping to the exterior

These simple and quick updates to rental properties make a big impact during applicant tours because it helps the home look cleaner and brighter. However, investors who want to rent their home in Columbia and stay towards the above average end of the market rent can consider:

Replacing siding or fresh exterior painting

Replacing laminate flooring with tile or hardwood

Replacing cabinets

Remodeling the master bathroom

Creating outdoor space such as a deck, patio, or garden

In addition to making updates and renovations to increase the rent value on the home, investors should always stay on top of pest control, keeping landscaping up to date (including tree trimming and pruning), and more. Keeping rental properties in pristine condition can be difficult, especially once a new tenant moves in. Investors should ensure that their property management company includes mandates in the lease for proper interior and exterior care of the home, as well as biannual inspections of the home.

One of the worst things that can happen to an investor is a tenant not taking care of a property and previous updates and renovations being ruined. Working with property managers to provide oversight to your investments can help you yield a larger return, and increase the value of your property.

If you need property management services in Columbia, call
Auben Realty of the Midlands
at .

Residential Property Management in Lexington, SC | Why Investors Should Be Looking at Small Towns Like Lexington SC

Most investors are scrambling to buy properties in big cities and suburbs all over the country as homes are appearing on the market and getting purchased even faster. With limited availability of housing options, sellers are being able to get offers quickly and more homes are being turned into single-family rentals as an affordable option for families post-COVID. However, the seller’s market is causing investors to have a challenging time building their portfolios because the competition is so thick. Therefore, investors should look to residential property management in Lexington, SC instead of big cities.

Why Is
Residential Property Management in Lexington, SC
Ideal for Renters?

Residential property management in Lexington, SC is thriving because it is a small town suburb of Columbia, the capital of South Carolina. The population is just over 22,000 people and growing steadily with great Lexington encompassing more than 111,000 residents. Out of all the places in the Midlands, Lexington is growing fastest due to its affordable cost of living, low property values, and proximity to the capital.

Because home values are lower, Lexington is an ideal location for first time investors to get good deals with lower property taxes than they would find in Charleston or Columbia. The average rent in Lexington is lower than the national average which attracts renters looking for long term housing; however, residential property management in Lexington, SC still sees market rent on single family homes falling between $1,000 and $1,500 per month.

Lexington is also listed as the #1 place to raise a family in the Columbia area and has a great rating for public schools, diversity, crime, and even nightlife because of how close the town is to Columbia. Lexington offers a suburban feel with lots of parks and young professionals. Lexington is seeing a steady population growth because it is an affordable place to buy a home for the first time, as well as find high quality rentals, all while maintaining an excellent quality of life for everyone.

If you are looking for professional property managers to help you make the most of your rental property investments in Lexington,
Call Auben Realty of the Midlands
at .