Extras to Include in Rental Agreement




Many homes in Vancouver are available for tenants to rent. Why should a renter select your home rather than any of their other options? Going the extra mile to not only attract tenants your way, but keep them there once the lease is signed is an imperative part of being a successful landlord. One way to keep tenants interested in your property is by offering extras in the rental amount. Our website.

Most landlords price their property based upon current market values in the location of the home, including only rental fees in this amount. When you do something out of the ordinary, like adding extras, it always attracts an eye your way and makes your tenants want to stay. Some of the extras to consider including in your monthly rental fees include:

-       Water: An average cost of $30 - $40 per month, the inclusion of water in the rental amount is undoubtedly an offer many tenants cannot refuse. It is the small things that really count in a lease agreement!

-       Cable: Cable TV is a luxurious amenity that is going to attract many people to your property. While everyone wants to enjoy the entertainment that cable offers, the price prevents many from such an opportunity. As a landlord, discounted rates make it more feasible for you to offer cable in tenant rental units and include the cost in rental amount.

-      Microwave: As mentioned, it is the small things that matter the most. A built-in microwave happens to be one of those amenities that might not seem like much, but has a way with tenants.

-       Washer/Dryer: Many people who rent homes do not own a washing machine and/or a dryer. While on-site laundry facilities are beneficial at your property, including a set in the actual unit is beneficial and an excellent way to help your property stand out from the competition.

-       Walk-in Tub/Separate Shower: While maybe not an extra, creating this spacious bathroom look is ideal for upscale communities that want to attract great clientele their way.

The amenities listed above are just a handful of the many that you can offer as extras for tenants at your rental property. Put your creativity to work and you can discover many additional extras and amenities that you can offer to appease renters in the direction of your community. Of course, should you decide to add any of these extras into the rental agreement and monthly rental amount, adjustment of the amount may be something that you wish to do, particularly if you’re covering the costs of electricity, cable, etc.  Raise rental amounts only minimally should you decide to add extras to the rental rates. Remember, tenants are always on the lookout for a great deal as well as the extras nicely tucked inside. If you increase the rent to greatly it is going to turn them off rather than attract them to you.