- Joined
- Aug 26, 2010
- Messages
- 380
My partner and I are deciding whether to purchase enough decent furniture to stage the rental units we have in an 18 unit deal that we are renovating right now. These units are contained in a triplex/6 townhouses/6 plex/duplex/single family home that are each being renovated over the next 5 months with units fed onto the rental market at the rate of about 1 every two weeks. All units are co-located on 4 neighbouring parcels on the ocean with a view of downtown Halifax. The type of tenant we're trying to appeal to is a 50K+ income earner; hardwood floors; crown molding; stainless steel appliances; A - class tenant profile.
If we invest 1000 $ in good furniture will that increase rent at all? The idea would be to move the same set from unit to unit every two weeks.
Will this increase rent or would it mostly be effective in increasing the speed of renting the units?
TB, others, anybody have any experience with staging units for rentals?
Thanks in advance
If we invest 1000 $ in good furniture will that increase rent at all? The idea would be to move the same set from unit to unit every two weeks.
Will this increase rent or would it mostly be effective in increasing the speed of renting the units?
TB, others, anybody have any experience with staging units for rentals?
Thanks in advance