If you're like most investors or business owners in the Atlanta area, you're probably thinking about the new year and mapping your goals.
Goal setting is a smart thing to do, especially when you own real estate because it's going to help you to grow your portfolio of income properties and get better ROI.
In this article, we will share with you several goals that you should have for your rental properties in 2021.
Goal #1 - Improve The Kitchen And Bathrooms
The first goal that you should have for your rentals in 2021 is to improve the kitchen and bathrooms in your rental property.
Kitchens and bathrooms are important because, most tenants spend a lot of time in either room so it makes sense to update those rooms first since these updates will offer your tenants the most value.
Focus on keeping these improvements as simple and easy as possible. Start by painting either room, refinishing the cabinets, replacing cabinet hardware, refinishing the floors, and adding personal details along the way, like a backsplash in the kitchen, or a custom light fixture in the bathroom.
Goal #2 - Invest In Better Marketing In 2021
Once you improve the quality of your rental property, the next thing that you should do is set a goal to invest in better marketing in 2021.
To improve your marketing, you should take better pictures and video of your property. This is important because the quality of the pictures and video will be the main that motivates tenants to visit your property in person.
Goal #3 - Hire A Property Management Company
Last of all, but most important, another goal that you should have for 2021 is to hire a property management company.
Our company specializes in full-service Property Management end, we will save you the time, money, and hassle of having to manage a rental property yourself.
Some of the wide variety of the Property Management Services that we can offer you include rent collection, maintenance, customer service, accounting and so much more.
To learn more about the property management services that we can offer you, contact us today by clicking here.
