Before you lease a property, it is necessary to confirm that everything is in good condition. Second it is crucial to make a deep cleaning. This will ensure the porperty is in impeccable state.
Leasing a property is very demanding. Especially here in the city of Chicago. So it is recommended you hire a house cleaning company. Doing so will give you more time to organize other important aspects of leasing your property.
Here is a list of things you must before listing your property.
- Documents and payments in order.
- Physical characteristics of the property: Check the condition of the walls, doors, and windows, the condition of the tiles and electrical outlets.
- Plumbing: Look at the condition of the faucets, the shower, and the toilet.
- Cleanliness: Make sure you or your past tenant conducted a move-out cleaning. This usually involves a deep clean not just your standard cleaning. Remember the property must be impeccable.
Pros and Cons of Leasing Your Property
Listed below, you will find the pros and cons of renting your property.
Income of Tenants
The # 1 benefit of owning a rental home is the opportunity to earn extra income.
Revenue from the growth of the value of the property
At some point, the price of rent can increase due to demand so your income may increase as a result.
Improving the infrastructure of the property will allow you to sell it at a better price in the future or increase your rental price.
Some of the disadvantages of owning a rental property are:
Concentration of assets
A disadvantage of investing in a rental property is that owning a rental property is a serious concentration of your assets.
Sometimes the tenants will not pay their monthly payment on time which will delay the payment of expenses that you have to cover.
Taxes and fees and insurance
Despite placing your property for rent, you will have to face the costs of taxes and property insurance.
Out of the many things to consider cleaning should be the easiest decision to make. You can count on our qualified verified cleaning service in Chicago for all your cleaning needs. Want more tips? Stay connected with our weekly cleaning blog updates.