8 Rental Property Upgrades That Pay Off

Rental Property Upgrades That Pay Off

Are you interested in upgrades that will help you get more monthly income for your single family properties? We visited CapitaList Creations and other sites to gather some great suggestions aboutwell-considered repairs and maintenance that can increase the value of your rental property. These simple updates for rental properties maximize your payment and maximize your rental rates as well.

1. Lay Out the Welcome Mat with Landscaping

While renovating the front yard can be pricey if you choose to install a new sidewalk or add a lot of landscaping trees, you don’t need to go overboard. Hire a landscaper to prune trees and shrubs, and when you’re trying to rent, add decorative touches such as hanging baskets and potted plants near the front door. This gives a welcoming feel to your single family rental property.

2. Replace the Front Door

The front door is the first place that tenants interact with a structure, and if its handle is sticky or the door is scratched and worn, this can give your tenants an impression that the property is not well cared-for. Give a great first impression by replacing an old front door with a new one, repainting the old one, or adding a new handle or side panel.

3. Add a Fresh Coat of Paint

A coat of paint is a classic and well-loved way to make a home look good, but it’s classic for a reason. Paint is a low-cost and not terribly time-intensive way of making a home look clean and inviting. If you only have the time or the money for a little bit of painting, Fortune Builders suggests that freshening up the hall, bathroom or kitchen can make a big difference. Go for neutral tones that allow tenants to bring their own color to the home.

4. Upgrade Your Appliances

After your old tenants move out, you’ll discover the quirks of the appliances in your rental property. You may discover that a tap has a slow leak or that a dishwasher only works when it’s on a particular setting. While regular maintenance programs can catch these issues before your tenants leave, you’ll need to make an extra effort to repair them before new tenants come into the property. New appliances, repaired appliances, or quality secondhand appliances give the impression that you’re willing to make an investment in your tenants’ comfort.

Rental Property Upgrades That Pay Off

Are you interested in upgrades that will help you get more monthly income for your single family properties? We visited CapitaList Creations and other sites to gather some great suggestions aboutwell-considered repairs and maintenance that can increase the value of your rental property. These simple updates for rental properties maximize your payment and maximize your rental rates as well.

1. Lay Out the Welcome Mat with Landscaping

While renovating the front yard can be pricey if you choose to install a new sidewalk or add a lot of landscaping trees, you don’t need to go overboard. Hire a landscaper to prune trees and shrubs, and when you’re trying to rent, add decorative touches such as hanging baskets and potted plants near the front door. This gives a welcoming feel to your single family rental property.

2. Replace the Front Door

The front door is the first place that tenants interact with a structure, and if its handle is sticky or the door is scratched and worn, this can give your tenants an impression that the property is not well cared-for. Give a great first impression by replacing an old front door with a new one, repainting the old one, or adding a new handle or side panel.

3. Add a Fresh Coat of Paint

A coat of paint is a classic and well-loved way to make a home look good, but it’s classic for a reason. Paint is a low-cost and not terribly time-intensive way of making a home look clean and inviting. If you only have the time or the money for a little bit of painting, Fortune Builders suggests that freshening up the hall, bathroom or kitchen can make a big difference. Go for neutral tones that allow tenants to bring their own color to the home.

4. Upgrade Your Appliances

After your old tenants move out, you’ll discover the quirks of the appliances in your rental property. You may discover that a tap has a slow leak or that a dishwasher only works when it’s on a particular setting. While regular maintenance programs can catch these issues before your tenants leave, you’ll need to make an extra effort to repair them before new tenants come into the property. New appliances, repaired appliances, or quality secondhand appliances give the impression that you’re willing to make an investment in your tenants’ comfort.

Add new window coverings or replace windows to add value to a rental property.

5. Add New Shutters or Curtains

Many homes have shutters and curtains that go with the house, and while it’s tempting to avoid changing these to save some money, older curtains or shutters can really date a property. Clean shutters or window blinds or replace them if they are broken and twisted. While new window coverings are not expensive, replacing windows can be pricey. However, if a window is aging and drafty, adding a storm window in its place can add value to the home.

6. Shed a Little Light

A well-lit room not only says that you

Add new window coverings or replace windows to add value to a rental property.

5. Add New Shutters or Curtains

Many homes have shutters and curtains that go with the house, and while it’s tempting to avoid changing these to save some money, older curtains or shutters can really date a property. Clean shutters or window blinds or replace them if they are broken and twisted. While new window coverings are not expensive, replacing windows can be pricey. However, if a window is aging and drafty, adding a storm window in its place can add value to the home.

6. Shed a Little Light

A well-lit room not only says that you


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