Finding a Renter Magnet
This charming, spacious two-story home located just outside of North Carolina’s capital had wonderful potential as a family home— it just needed some help in making it a bit more family—friendly. So the Asset Management team at HomeUnion® got to work. The result was a pristine, safety-conscious renovation guaranteed to make any renter feel right at home.
Safety first! Our meticulous rehab process consisted primarily of bringing the property up to the strictest safety standards. Here’s a few of our efforts:
- Door repairs
- Fixed fan vent
- Screen replacements
- Fixed doorbell
- Replaced drain line
- A safer, up-to-code home
This property was such a great find by our Asset Selection team, that all our Asset Management pros needed to do was bring it up to code, by fixing a few minor details. The process provides an example of how focusing on small, often times overlooked details can transform a property into both a renter’s delight and a money saver for investors. Our efforts saved this investor 40% off the total cost of the rehab and enabled him to receive over 6% more rent than initially projected.
How this Renovation Turned Out
About HomeUnion®’s Asset Management Team
Spearheaded by real estate professionals with years of experience in the real estate and property management industry, HomeUnion®’s Asset Management team is responsible for overseeing the rehab, handling repairs and maintenance, marketing the property to tenants, tenant screening, and a great deal more. Learn more about the process here.