REI Wealth Monthly Issue 10 | Page 11

LANDLORDING 102 – PREPARING THE PROPERTY FOR A TENANT KAREN RITTENHOUSE enting out a property is very much like selling it. You don’t need to do quite as much to the property to get it rented as to get it sold, but to fill it as quickly as possible, it’s best to have it move-in ready. Spending $300 to get your property clean and ready for market is a much better investment than leaving it as-is and making another mortgage payment. Serious customers typically don’t look at properties until they’re ready to move, so if it’s not move-in ready, potential prospects may walk through and walk away!