As a Holbrook rental property owner, probably the ideal thing you can do to make sure your real estate investments are profitable is to make them as low-maintenance as possible. There are tons of low cost and reliable option to make a low-maintenance rental property. If you realize that you are spending too much time and money on property maintenance, these suggestions may help.
The primary thing to owning a low-maintenance rental is to secure that you select the proper materials for your property. Low maintenance is not the same as low quality. Nearly all quality materials are more durable and easier to keep clean than the cheaper, low-grade variants. Flooring is one area where this is particularly applicable. For low-maintenance floors that will maintain their quality for many years, savvy property owners often choose tile or vinyl. Tile and vinyl both work well in kitchens, bathrooms, hallways, and other high-traffic areas. And both are easy to keep clean.
Countertops are another portion where the right materials can make a big difference. To gain the best value that is easy to clean and won’t fade or peel over time, rental property owners often choose quality solid surface countertops for their kitchen and bathrooms. There are numerous reasonable kinds of solid surface countertops, offering a wide variety of colors and styles. You can also obtain the appearance of more expensive granite without the price or bother that your tenants will damage the natural stone with harsh cleaners. For countertops and flooring, it is better to look for mid-grade materials that will offer durability and value.
Another great strategy to minimize maintenance in your rental’s interiors is to paint the walls with a good quality semi-gloss paint. Unlike flat paint, which can be complicated to clean and may stain right away, semi-gloss or even gloss paint is likely to hold up better to heavy wear. Consider applying glossy paint in the kitchen to keep the walls stain-resistant. It is also a good idea to install a backsplash behind appliances and counters. A backsplash is even easier to clean than a painted wall, which decreases the amount of re-painting you’ll need to do between tenants.
When you’re doing your renovations, remember about low-maintenance lighting alternatives. Pendant lights and chandeliers can appear lovely, but they are starting to bring together dust and bugs and are easily damaged over the years. To minimize maintenance, seek good quality, functional lighting that is mounted securely against the ceiling. It’s also a wise choice to use light fixtures that make it easy for your tenants to change light bulbs when required. Think about upgrading your power sockets to add plug-ins for cell phones and other electronic equipment to add marketability. This won’t just pull in more tenants but can help minimize complications like blown fuses.
At last, perhaps the ideal approach to make and possess a low-maintenance rental is to have a comprehensive maintenance plan in place. Your maintenance plan must involve both interior and exterior maintenance duties, including a schedule of when each task should be accomplished. Conducting routine maintenance every month is required to prevent costly emergency repairs and keeping your rental as low-maintenance as possible.
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