Whether you have one rental or many, check out the Top 5 tips to get top dollar for your rental from our CEO of The Philly Apartment Company, Mike McNelis.

1) Be Pet Friendly! This surprised me – but Mike explains over 60% of renters either have pets or want to have pets. Mike has suggestions to protect you regarding deposits.

2) Fix and Clean your Vacancy ASAP – sometimes landlords want to wait until it’s rented to paint. Mike explains that hurts your rental results. Do the re

3) Kitchen and Bathroom Renovations – these are areas where you can get a return dollar-for-dollar. New vanities, mirrors and light fixtures go a long way. As do stainless steel appliances.

4) Security – renters are always looking at security. Interior and exterior doors. Replace deadbolts and locks. It’s one of the things tenants look at first.

5) Be cooperative! – renters in today’s market have a lot of choices. Renters want to get to know their landlords. Be communicative and available. They want to know how to get in touch with you. That makes a difference when renters are weighing their options.

Check out The Philly Apartment Company and be sure to Like my PhillyMarketMinute page on Facebook for market insights and updates.

Contact me for our LANDLORD GUIDE and tips on how to maximize your investment properties for best results.

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