Over my real estate investment career, something that I have noticed is you can have the inexpensive improvements for a rental units that could have big impacts. I have found that it is not necessary granite counters and stainless steel appliances to improve requirement for your units. You just need to imagine being unique and providing a spot to reside in to your tenants they are proud to occupy. It is important to project the image of an landlord who takes some time and care to maintain and improve his/her property.
Many properties have the old flip light switches that protrude through the wall. These are old and make a flat look dated. go to my blog 've seen units with painted over or even cracked or broken light switches. The low profile d?�cor switches cost a little over $2 essentially hardware stores. They are simple to install and supply a modern day clean look. This small item includes a big impact with potential tenants, in addition, it shows a watch for details. Tenants are able to see should you took enough time to exchange the switch or if you just slapped paint about the wall and after this the existing switch shines as being a sore thumb.
Even worse than old light switches are painted over outlet and switch face plates. This looks terrible and shows a paint job where corners were cut. The face plates cost less than 50 cents and take seconds to change. Don't project the look of the landlord who cuts corners, and won't invest 50 cents and several time and energy to increase their property. I have found that if you provide a nice play to call home most of the people attempt to help keep it nice, but if you project the image of your landlord who cuts costs and worry about improving the property the tenants will react similarly.
I have handy remote control light switches inside my living room that I receive numerous compliments on. They cost $40, they may be inexpensive but a majority of people do not have any idea they exist. I will be installing these inside the living rooms of my units inside future. Let my tenants get compliments and in turn be proud of where they live. Take pride inside product you provide and you will probably attract better customers and your profits increases. So throughout your property investing career I would urge you to maintain an eye fixed for the details and try and look at the problem through your tenants eyes.