Property Management Blog

Should Homeowners Furnish Their Properties Prior Rental?

Should Homeowners Furnish Their Properties Prior Rental?

Different real estate agencies, including ours, sometimes stage houses with furniture. But is it going to be beneficial for a landlord to rent a furnished property?

What is a furnished property for rent?

A furnished rental property is a property that is fully equipped with different pieces of furniture, which can make the life of a renter easier and allow him/her to buy almost no furniture.

What is a fully furnished property?

A fully furnished rental property is supposed to have all the necessary types of furniture in each room. So, the living room, for example, should have a soft sitting, such as sofa, coffee table, and lamps/ceiling lighting. A bedroom should be equipped with a mattress, a bed frame, nightstands, and a dresser. A kitchen should store all the necessary silverware, tableware, pans and pots, and other utensils that could be needed.

What is a semi-furnished property?

A semi-furnished rental property is somewhat in between fully furnished and unfurnished properties. The typical semi-furnished houses should provide ceiling fans, kitchen cabinets, wardrobes, and curtain rob. So, technically it should be a previously inhabitant property with all the basic fixtures.

Pros and cons of renting a furnished property:

Pros and cons of unfurnished property:

Basically, to understand if you should furnish the property before leasing it, you need to ask yourself two main questions:

Is furnishing the apartment going to bring more profit in the long-run perspective?

Is it worth the extra costs and time consumption of furnishing your property?

Also, you should decide whether you’re going to prefer short-term or long-term rent.

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