How should I furnish my rental property?

November 3, 2011 MyHome by MyHome
How should I furnish my rental property?

 

Many landlords spend a substantial amount of money purchasing an investment property and then skimp on the cost of furnishing and fit out. They then wonder why the property is slow to rent and does not command top rent.

There is nothing worse than a potentially attractive property that is furnished badly.  Poorly chosen furniture is more likely to put off prospective tenants than to bring in the premium rent a landlord desires.

How a property is furnished is a key part of marketing your rental investment.

Don’t expect prospective tenants to be happy with ‘old fashioned, damaged and miss-matched furniture’ that better belongs in a skip.

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A well furnished and presented property is easier to market and will rent much quicker than a badly furnished property. Tenants are also likely to stay longer in nicely finished properties.

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