Carbo-Valencia Realty

  • Home
  • About Us
  • Services
  • Property Market
    • House and Lot >
      • Idesia Dasmariñas
      • Tierra Vista Ayana
      • San Francisco Heights
      • Montana Heights
      • Amaris Homes Dasma
      • Southgrove Estates
      • Avida Southfield Settings NUVALI
      • See All →
      • Valle Verde Dasma
    • Condominium >
      • Avida Towers Turf BGC
      • Avida Towers Sucat
      • Serin West Tagaytay
      • Avida Towers Sola
      • Avida Towers Cloverleaf
      • See All →
    • For Lease
    • Submit Your Property
  • Blog
  • Careers
  • Contact Us
  • Home
  • About Us
  • Services
  • Property Market
    • House and Lot >
      • Idesia Dasmariñas
      • Tierra Vista Ayana
      • San Francisco Heights
      • Montana Heights
      • Amaris Homes Dasma
      • Southgrove Estates
      • Avida Southfield Settings NUVALI
      • See All →
      • Valle Verde Dasma
    • Condominium >
      • Avida Towers Turf BGC
      • Avida Towers Sucat
      • Serin West Tagaytay
      • Avida Towers Sola
      • Avida Towers Cloverleaf
      • See All →
    • For Lease
    • Submit Your Property
  • Blog
  • Careers
  • Contact Us

How to Successfully Rent Out Your Condo Unit

12/11/2017

17 Comments

 

By Mari-An Santos

Picture
Yes, you can turn your condo unit into a business opportunity. These five tips will help you get started earning back your investment.

So you’ve decided to use real estate as an investment opportunity. Before you commit and purchase a unit in a condominium development to lease out, though, make sure you know what makes a unit attractive to potential tenants. It’s a serious question, then: how do you make sure to get maximum returns once you decide to put your condo up for rent? Here are a few tips to take note of:
Picture
Location, location, location. You’ve heard it said many times that where your place is located is of great importance. This is definitely the case if you want to rent out your condo; people who are looking for a home will consider its proximity to commercial establishments and transportation hubs. If it takes many confusing turns to get to the building you’re considering or if it’s inaccessible by public transport, then your potential customer might find a more convenient place to rent. So before investing in a unit, make sure it sits in a prime location.

Spruce up the basics. Because the more affordable unfurnished units generally get leased out quicker than the more expensive furnished ones, keep your unit sparse but well-maintained. You could, perhaps, get a repainting job or change the floor tiles to gloss up your unit. But focus on repairs—make sure all the windows open and close properly, all toilets flush properly, drains aren’t clogged, etc.

Invest in built-in features. Aside from the basic walls, doors, and windows, a lot can be said about features that take into consideration residents’ needs. Many residential units nowadays are thoughtfully and practically pre-fit with built-in shelves, closets, and cabinets to help maximize the space. Watch out for these, because they are bonuses that you will surely appreciate.

Renting out a furnished home can raise your rental price. If you find tenants who will agree to a raised rent in favor of furnishing, at least make sure the appliances and furniture you provide are clean and in good working condition. But remember, if your target market is looking for lower rental rates, you might want to consider renting out your unit unfurnished.

Add value to your offer with the condo’s amenities. When you invest in a unit, find a development that gives residents options within the building. A pool is a must in developments nowadays. Add to that, a gym, walking paths, gardens, playgrounds for kids, even promenade areas. These are places that tell you that the developer cares about the overall wellness of the people living in the building.

Get professional help. Now it’s time to get some assistance to close the deal with the best possible candidate. Why not bring in the experts who are trained in leasing? Leasing Services by CVR assists unit owners by looking for good tenants, showing the unit to potential tenants, and negotiating terms of the lease, among others. CVR’s leasing team can definitely help you turn your condo unit into a business opportunity.

Source: http://pursuitofpassion.ph/practical-living/rent-out-condo-unit/


17 Comments
Anne Stump link
8/6/2020 04:37:37 pm

Hello. I am so very happy that click these websites. When I’ve to click this I’d see a useful content a Positive article which can help me so,. The most thing that can feel me happy. Thank you so much for these Tips.

Reply
Frenchy Agent link
8/8/2020 05:19:29 pm


Incredible Tips, Thanks for sharing this wonderful article ""
I might refer it to one of my upcoming client.

Reply
Detroit real estate companies link
8/10/2020 04:55:29 pm

Thank you for sharing have amazing content,
very creative thank you. Thank you for sharing your article. It is really amazing for me. Keep continuing to share your blog post. Thank you very much.

Reply
Fence Builders Charlotte link
7/13/2021 11:33:12 pm

Being a trusted fence Company in Charlotte, we aim to provide the finest fences to ensure the safety of all kinds of properties. In these tough times, we recognize the importance of having trustworthy fences that the clients can rely on. Therefore, we made it our goal to produce top-notch and quality products.

Reply
Fence Builders Charlotte link
7/13/2021 07:08:01 pm

"Being a trusted fence Company in Charlotte, we aim to provide the finest fences to ensure the safety of all kinds of properties. In these tough times, we recognize the importance of having trustworthy fences that the clients can rely on. Therefore, we made it our goal to produce top-notch and quality products.
"

Reply
Fence Builders Tucson link
7/13/2021 11:55:03 pm

Being a trusted fence Company in Tucson, we aim to provide the finest fences to ensure the safety of all kinds of properties. In these tough times, we recognize the importance of having trustworthy fences that the clients can rely on. Therefore, we made it our goal to produce top-notch and quality products.

Reply
Fence Builders Chicago link
7/14/2021 12:13:14 am

We are immensely grateful for the trust that property owners grant upon us. Today, we are a trusted fence installation provider in Chicago. But we work hard and do our best to maintain that confidence and remain to be the excellent Chicago fence company that they know. If we become too complacent or lax, the trust and honor that we cherish today, can easily be stripped of us. But we won’t let it happen.

Reply
Fence Builders Lafayette link
7/14/2021 12:26:55 am

We are the Lafayette Fence Company, your go-to local fencing company in Lafayette for any fence installation jobs that you will have.

Reply
Fence Builders Billings link
7/14/2021 12:44:25 am

We are The Billings Fence Company and we are a local company specializing in fence installation in Billings, Montana. We even offer related items like dock parts, hand railing, temporary fences, cages, and enclosures.

Reply
Fence Builders Clarksville link
7/14/2021 01:00:24 am

Are you looking for a fence contractor in Clarksville? Don't look any further and call us today at 931-271-4758 for your FREE ESTIMATE.

Reply
Fence Builders Baltimore link
7/14/2021 11:20:21 pm

We are the top of choice for fencing needs in Baltimore because of our consistency in quality since we began. Property owners and contractors alike trust the quality and the proven credibility of our products. Ever since 1996, we are continuously working towards improving what we can offer to the people.

Reply
Fence Builders Taylor link
7/14/2021 11:54:28 pm

We are the Taylor Fence Company, a local family-owned fence installation business that caters to all your fence projects and more.

Reply
Fence Builders Lubbock link
7/15/2021 12:08:15 am

In the olden times, fence installation can be done without proper assessments and measurements. However, this is not the case today anymore. If you want your fence to be attractive, long-lasting, and durable, you must entrust the job to a fence contractor in Lubbock.

Reply
Fence Builders Salt Lake City link
7/15/2021 12:20:29 am

As a trusted fencing company in Salt Lake City, we are committed to provide every property with quality fences that they can rely on. As a company that started from humble beginnings, and who was able to work its way up, we aspire to preserve our credibility. The journey was not an easy feat. However, we pledge to strive continuously to sustain the trust and confidence that property owners have on us.

Reply
Fence Builders Providence link
7/15/2021 12:45:45 am

Are you looking for a fence contractor in Providence? Don't look any further and call us today at 401-356-3395 for your FREE ESTIMATE.

Reply
Fence Builders Cleveland link
7/15/2021 01:01:00 am

Are you looking for a fence contractor in Cleveland? Don't look any further and Visit us today for your FREE ESTIMATE.

Reply
Stamford Fence installation link
7/15/2021 01:09:51 am

Are you looking for a fence contractor in Stamford? Don't look any further and Visit us today for your FREE ESTIMATE.

Reply



Leave a Reply.

    Featured Article

    Picture

    Supply of condo units tightening


    Picture

    The Top 10 Reasons to Hire a Real Estate Agent


    Picture
    Own YOUR HOME in 10 SIMPLE STEPS

    Picture
    Want to know how did we Start?

    Picture
    6 Things to Check Before Buying a Property

    Picture

    8 Ways Real Estate Is Your Smartest Investment​

    Categories

    All
    Promo

    Archives

    May 2019
    March 2019
    February 2019
    July 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017

    RSS Feed

Picture
True enough what God is their source and He gives victory to those who plot their trust in Him.

Read More →

Services Offered

​Land Titling
Land Consolidation
Project Selling
Property Management
Real Estate Appraisal
Foreclosed Property
Resale Property

Quick Links

Property Market
Brokerage/ Submit Listing
Latest Blog
Career Opportunities
Contact Us

Contact Us

​Office Address: Blk 7 Lot 32 Banuyo St. Villa Luisa Phs.1 Dasmarinas Cavite​
Phone: +63915.462.1014
Email: carbovalenciarealtyinc@gmail.com
Business Hours: 8:00 am - 7:00 pm
​Copyright 2019 | Carbo-Valencia Realty, Inc. All Rights Reserved.
"With God all things are possible​"
Powered by Create your own unique website with customizable templates.
↑