Renting a property can be a lot of work, but it’s important to take steps to keep the property looking its best from tenant to tenant. It’s crucial to keep your property clean and safe for your future tenants.
However, these tasks don’t have to burn a hole in your pocket or take up a lot of your time.
With a little bit of research, you can do everything you need to do in a cost and time efficient manner.
Pick Flooring That Makes the Most Sense
It’s important to pick durable flooring that’s going to last. Try to avoid carpet as much as possible. Do be sure to check your state’s rental property laws because some laws force you to replace the carpet for each new tenant.
The more properly insulated the property is, the more comfortable the property will be from season to season. Proper insulation is sure to save tenants money on heating and cooling costs and will be an appealing amenity that will certainly help sell the property.
If a house is not insulated the way it should be, you risk tenants taking on the job themselves and potentially causing damage to the property that could have been avoided.
Think of the Small Things
As a property owner, make sure you think of the small conveniences you would want to have in your own home. For example, towel bars, blinds, wall switches, built in shelves, etc. will help your property go the extra mile. Without the little things, property owners risk tenants taking these tasks upon themselves.
Don’t Waste Money on Unnecessary Things
Don’t get crazy with the curb appeal. I’m sure your skills are worthy of their own HGTV show, but it makes things easier on everyone if you keep things simple. Less landscaping makes it easier for a tenant to maintain and reduces the likelihood that they too want to overly-exercise their green thumbs.
Choose a few, easy-to-maintain, plants and shrubs that will last. Keep the grass well maintained and decide if you want to write into the lease whether or not you or the tenant is responsible for lawn care.
Spend the Most Money on Important Things
Spend the dough on the most important elements of the property. Purchasing the cheapest options may be budget friendly at the time, but could end up costing you more money down the road.
Little improvements can turn into a big pay-off and can ensure a tenant-proof property.