How to Make Your Guest Room Better to Yield More Rent?
by Arina Smith Real Estate 29 October 2018
Have an extra room in your house? Looking to rent it out? If yes, it is a great idea considering some extra cash is always good for meeting your household expenses. A vacant room in your house is of no use but when you get a paying guest in your home, you get relief from cleaning that room. But how to make sure that the rent you are getting is worth it? It depends on the quality of the room and its comfortable.
Paying guests consider a lot of aspects while choosing a room to rent. If you want to make sure that you make the most of it, you have to make some improvements to it. Here we will discuss some of the best tips that can make your room an ideal choice for potential tenants.
The first thing potential paying guest considers is the value that a room has to offer in terms of the facilities. All the items that a person requires to live a comfortable life should be present in the room. You need to ensure there is a closet in the room that is spacious enough where the guest can keep their clothes and other wardrobe items. Other things include a dressing table or a mirror for grooming purposes.
A Comfortable Bed:
Being a landlord, you should understand that your paying guest needs proper rest. Before renting your room, take a closer look at it from a tenant’s point of view. Start by having a look at the bed and the bed frame. Make sure that it is in its best shape. The mattress should also have dimensions of a full-size bed. If the mattress is not in its best shape, you should look to replace it with a newer one. A Best memory foam mattress is not only comfortable but has a long life as well. It can be a good option for a guest room.
The room you are looking to rent out should have a separate washroom so that there is no meddling in your home affairs. It would be like that there is a house inside your home where a stranger is living. If the room you are renting out does not have a bathroom, make sure you rent out the one that has. It will help you get better yield and the paying guest will feel easier living in the room.
Following the ways above, you are at a higher chance to find a paying guest quickly and they will be willing to pay you some extra because of the facilities you are providing them. If possible, you can also include some value-added services to the room including Wi-Fi internet or television. These are not luxurious items anymore but considered a basic necessity provided the fact that their usage has mushroomed to a great extent in the past couple of years. We hope you find this article helpful and informative. For more tips, stay tuned.