Have you struggled with lease renewals in the past at your Las Vegas Rental Property? If so, you’re not alone. Lease renewals can be a big headache for some owners but thankfully it doesn’t have to be if you follow the simple tips in this article.
#1 – Offer a Discount off One Month’s rent
One of the best ways to capture the attention of tenants at your Las Vegas Rental Property is to offer them a rent discount for one month if you own a single family home.
If you own an apartment building that also has parking or an on-site gym you should also consider offering your tenants a discount on fees that you charge to use those facilities as well.
#2 – Upgrade Appliances in the Rental
Another great way to guarantee lease renewals at your Las Vegas Rental Property is to upgrade the appliances because this will show your tenants that you care about them and every renter loves having new appliances in their rental property.
#3 – Redo the Paint and Flooring in the Rental
Besides upgrading the appliances in the rental property you should also consider upgrading the painting and flooring as well since these areas can wear down easily over time and offering to repaint the walls inside your rental property or installing new flooring will really help your tenants feel more at home than ever before.
#4 – Offer Them Gift Cards from Local Businesses
Since every tenant loves to signs of appreciation from their landlord you should also consider offering your tenants gift cards from local businesses and grocery stores because in this economy a gift card can save anyone a nice chunk of money and make their lifes a little easier too.
Get Property Management for your Las Vegas Rental Property
To get property management for your Las Vegas Rental Property contact Goldenwest Management today at (702) 685-7696 or click here to connect with us online.