What should an owner consider about furnishings when leasing a property?

When leasing a property, it is essential for an owner to determine whether the residence will be leased furnished or unfurnished. This decision impacts potential tenant interest, rental rates, and overall marketability of the property. A furnished unit typically caters to a different demographic, often appealing to short-term renters or those who do not own their own furniture. Conversely, offering an unfurnished option might attract long-term tenants who prefer to use their own belongings.

Knowing whether to furnish the property is also linked to the owner's financial considerations, such as maintenance costs of furniture and potential liability issues associated with providing furnishings. Ultimately, this choice directly influences the leasing strategy and target market for the property, making it a crucial factor for owners to evaluate.