Monique Photo. Interiors. December 13th , 2017.
Additionally, furnished properties offer higher yields compared to unfurnished properties. The main reason behind this is that tenants are more than willing to pay more in exchange for convenience. Furthermore, short-term leases are (more often than not) not covered by traditional leases and regulations which apply to longer leases.
Spacious: Studio apartments even have the ability to look spacious, when laid out in the right manner. Avoid excessively large furniture in small spaces that will crowd the apartment and make it appear smaller than it actually is. Minimal furniture can be placed in rooms to make the room appear more spacious. Also furniture can be placed against walls and not in the middle of the room. These apartments are all about have space to walk around and also to look at everything that is on display. If the room is laid out well, even the most minute pieces and details will be seen and appreciated by guests.
And because your tenants do not need to furnish the property and bring in big furniture, they are less likely to damage the walls of your property. But along with the advantages, prospective investors should also know what the disadvantages of furnished apartments are. Furnishing an apartment means that you will need to invest a sizeable amount of money from the onset. And that investment will not be a one-time thing. Over time, you may need to replace a few pieces inside the apartment.
The above is not an exhaustive list. There are many more units that can give applicants a second chance despite of a tarnished history. The challenge is being able to locate them because most of them do not easily advertise. Important info to consider
Any content, trademark/s, or other material that might be found on this site that is not this site property remains the copyright of its respective owner/s. In no way does Monique claim ownership or responsibility for such items, and you should seek legal consent for any use of such materials from its owner.