In order for you the investor to succeed in the real estate game, seeing the deal through someone else’s eyes is essential to your success. We have previously looked at what a banker looks for in a real estate transaction. Suppose you have a found a great property and have closed the deal with bank financing in place and you are preparing it for a tenant to move in. The question now becomes what the tenant wants in a rental property.
A beginning investor will immediately respond that the tenants (customers) want a low rent. That quick answer is not correct however. In fact, one of the biggest draws for a tenant is the location of the property. The old adage of location,location,location is also true for them as well as a property investor.
For more details, please refer to these two articles:
10 Amenities Tenants desire in a property: http://tinyurl.com/n99sxpq
What tenants really want in rental properties: http://tinyurl.com/kb3tq2t