In the ever-evolving world of property management in Davenport, Florida, and surrounding areas, keeping your finger on the pulse of what renters want is crucial. As a property manager with 30 years of experience, I’ve seen trends come and go, but the modern renter is a different breed. They’re savvy, discerning, and they know what they want. So, what are the top 10 things Renters look for in a rental home? Let’s dive in.
- Top 10 Things Renters Look For In A Rental Home- Smart Home Features
Today’s renters are all about convenience; if they’re looking for a long-term rental home or a vacation rental, nothing screams comfort like smart home features. From smart thermostats that learn your schedule to Alexa and smart locks that eliminate the need for keys, these features are a big draw for modern renters.
- High-Speed Internet
In the age of remote work and Netflix binges, high-speed internet is no longer a luxury—it’s a necessity. Entertainment is the key to success if they’re on vacation in your home and the weather is bad. Ensure your property has access to high-speed internet to attract modern renters.
- Pet-Friendly Policies
More and more people are becoming pet owners and looking for rental homes that welcome their furry friends. Consider implementing pet-friendly policies if you haven’t already. Since Florida is built on a sand bar, if your home is a vacation rental or holiday let, ask for the records of their last flee shot from the vets. Florida is full of flees, and you don’t want them critters in your rental home.
- Eco-Friendly Features
Modern renters are environmentally conscious and appreciate eco-friendly features. Think about energy-efficient appliances, solar panels, and recycling programs.
- Flexible Lease Terms
Flexibility is key in an era of digital nomads and frequent job changes. If they live year-round in your Davenport rental home, Consider having a clause in the lease that allows them to terminate the lease with two months’ rent as compensation to you. Offering flexible lease terms can make your property more appealing to modern renters.
- Online Rent Payment Options
Who writes checks anymore? Modern renters prefer to pay rent online. It’s convenient and fast, and there’s no risk of a lost or delayed check.
- Quality Amenities
Amenities like in-unit laundry, a community gym, or a pool can significantly increase the attractiveness of your rental property. Modern updated appliances must look inviting inside and out, so curb appeal is important too. It’s all about offering a lifestyle, not just a place to live.
- Location, Location, Location
Even in the digital age, location is still king. Proximity to work, good schools, and amenities like shops, restaurants, and parks can make or break a rental decision.
- Responsive Property Management
Modern renters value a responsive property manager who promptly takes care of maintenance issues. Good property management can be a significant differentiator.
- A Sense of Community
Finally, modern renters are looking for a sense of community. They want to know their neighbors and feel a part of something. Local Organized community events can go a long way in fostering this sense.
FAQ’s – Top 10 Things Renters Look For In A Rental Home
Q: What smart home features can I add to my rental property?
A: Consider adding smart thermostats, smart locks, and smart lighting systems. These features add convenience and can also help save energy.
Q: How can I make my rental property more eco-friendly?
A: Start with energy-efficient appliances. You can also consider adding solar panels or implementing a recycling program.
Q: What are some amenities that modern renters look for?
A: In-unit laundry, a gym, a pool, and dedicated parking spaces are all high on the list.
Q: How can I make my rental property more pet-friendly?
A: Start by allowing pets! You can also consider adding pet-friendly amenities like a fenced yard or pet washing station.
Q: How can I foster a community in my rental property neighborhood?
A: Find out if your HOA or local town is organizing community events like potlucks or game nights. You can also create a community bulletin board or online group where tenants can connect.
Conclusion
The modern renter is looking for more than just a roof over their head. They’re looking for a home that fits their lifestyle. Understanding and catering to their needs can make your rental property stand out in a crowded market. Now, go forth and rent! And remember, if you’re ever in doubt, think: WWMD? (What Would a Millennial Do?) They’re the modern renters, after all!
[…] In Florida, especially around Davenport, Kissimmee, and Orlando, there are a lot of short-term rental homes, AKA vacation rentals. These rental homes must also comply with state and local regulations […]