Until the time is right to put some big money back into your rental property, you can improve the look and feel of the building by making small, inexpensive enhancements.
Rental property improvements are never a bad idea. An updated look often lures in new tenants, while current tenants appreciate seeing maintenance staff around fixing pieces in public areas. The challenge of property improvements is mostly cost. The time spent fixing something up plus the cost of the materials can really cut into a budget if not properly considered. On the other hand, it’s possible to recoup some serious revenue if those improvements lead to great tenants who stick around for the long-term. Let’s take a look at more than 10 great ways to spruce up a rental property for prospective tenants.
It’s time we talk about a flooring alternative that looks great and will save money. What’s not to love?
Landlords often use time between renters to spruce up the space. Apartment walls get painted, bathrooms get new fixtures and nearly everything else gets cleaned up. Flooring is often overlooked in these refreshes because of the idea that it’s a project that will take far too much time and money. Many landlords also only consider two options when thinking flooring. Hardwood floors are memorable and popular if you have them in the unit, otherwise carpeting is considered the only cheap alternative. Well, there are more options available to property owners that are cheaper, easier to maintain and can revitalize a unit better than a new roll of carpet.
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