5 Tips for Furnishing Your First Rental Property

by Alexander Griffin
5 Tips for Furnishing Your First Rental Property

So, you’ve purchased your first investment property and you can’t wait to lease it out. But there is one thing that you have to do first; you have to get it furnished. This isn’t like buying furniture for your own residence. When it comes to property you intend to rent out, it is important to consider the various needs that your tenants may have.

Will you be allowing pets? Are you going to be renting to people with small children? What about someone who is disabled and may need clear paths for wheelchair access? There are a lot of things to think about.

However, one thing that is not in doubt is the need for a fabric sleeper sofa, and you can order here.

1. Why Fabric Sleeper Sofas Are a Great Piece for Rental Properties

A sleeper sofa is essential for nearly any type of rental property, whether it’s intended for short or long-term occupancy. One of the biggest benefits is that it allows for added sleeping arraignments without requiring a dedicated room or taking up the space that another bed would.

And if you have a vacation rental property, it creates more revenue for you by being able to charge for two more guests without the need for another bedroom. There are a wide variety of different types of fabric sleeper sofas, with well over 100 fabric options and design styles available on the market today.

2. Choose Furniture That Is Easy to Keep Clean

It is a commonly understood fact that people who rent properties simply don’t keep them up as much as they would those that they own or are buying.

You want to make these chores as easy as possible for them, in addition to yourself or your cleaning crews when the tenants’ lease is up or their vacation stay is over.

3. Go for Pieces That Are Both Comfortable and Functional

This not only provides more space and utility for your renters, but it also minimizes the chances of individual pieces of furniture getting damaged or broken from accidents. Built-in shelves or bookcases, TV stands with their own storage, and other similar options save space and wear and tear.

4. Go with Basic Essentials for Long-Term Rentals

There is no need to go all out with the décor for renters. Just furnish your property with the basics. The tenants can add anything else that they may prefer. We suggest:

  • Fabric sleeper sofas
  • Coffee table
  • Dresser
  • Dining table and chairs
  • TV

5. Go Simple and Elegant for Short-term Rentals

You don’t even need all the essentials if your rental property is more of a vacation or destination spot. Also consider the area it’s in (beach, mountains, or urban hotspot) and furnish it accordingly.

Other Factors to Consider

In addition to fabric sleeper sofas and other various furniture and accessories you place in your rental property, you also need to be mindful of storage space, paint, flooring, lighting, and many other things. You may even want to consult with a design specialist to make sure your property has everything required to meet your occupants’ needs.

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