Repairing your rental property can be a time consuming and expensive process, but what are some cheap repairs that can help improve the quality of your investment?
- Paint – A little touch-up or painting an accent wall is an easy way to add perceived value to your home while not breaking the bank.
- Add a back-splash – Adding a back-splash to a kitchen can add a touch of style and make your rental feel more like a home rather than just place to live. With the roll out and stick style of back-splashes that are on the market today adding this sense of value to be very inexpensive and quick to do.
- Open up the floor plan – While you will want to avoid major overhauls, demoing a few non-load bearing walls or simply opening up the archways that separate rooms can really open up the space. No tenant likes feeling boxed in and this simple step can really add perceived value by making your home’s layout feel larger than it is.
- Put up blinds – This may seem like a no brainer, but investing in a quality set of blinds can add a great amount of value to your rental. I’m not talking about the college dorm cheap blinds either. If you invest in quality, good looking blinds potential tenants are sure to take notice.
- Update Hardware – Replacing old hardware in your kitchen/bathroom is a simple and quick way to spruce up old cabinets.
There are numerous ways to update and improve your rental home in order to increase rent and perceived value. Let Real Property Management Leaders be the one’s to emphasize those features and get your investment rented quickly. Call us at 813-445-8280 for more information.
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