3 Easy And Inexpensive Ways To Attract The Right Tenant
If you're looking to attract the right tenant to your apartments for rent, maybe it's time to spruce things up a bit. There are several ways you can improve the look of a vacant apartment without investing a lot of time and money in major renovations. Consider making any of these three inexpensive and effective updates to your rental property to improve its indoor "curb appeal."
Install Shiny New Hardware
Dingy, worn cabinet pulls, door hinges and other hardware can add to the drab appearance of an aging apartment. Replacing the old hardware is a low-cost way to spruce up your rental.
You might think an improvement this small won't make much of an impression because no one actually notices hinges or drawer pulls, right? Wrong. Once you replace all the old hardware with new, you may be surprised by the number of people who suddenly notice those "shiny hinges" or "pretty cabinet knobs."
Modernize the Fixtures
If your apartment rental has older fixtures, there's an inexpensive way to improve the look of almost any outdated sink, bathtub or shower. Simply modernize the appearance of your outdated fixtures with new parts, such as new faucet handles, toilet seats or showerheads. You will be amazed by the dramatic improvement you can make by installing something as simple as modern chrome faucet handles.
Typically, you don't need a plumber to make these kinds of improvements to your rental's kitchen or bathroom. Since you're not making changes to the actual plumbing system, your maintenance person can likely perform these kinds of updates for you.
Install Attractive Trim
It goes without saying a fresh coat of paint between tenants is important, but have you ever considered adding crown molding or other trimwork to a room in your rental? Attractive crown molding lining the perimeter of the living room can make a huge difference in the look and feel of the entire apartment. Any rental property maintenance person should be able to easily install the trim, too.
You don't have to spend an arm and a leg on the most exquisite piece of crown molding you see at the home improvement store. Keep it simple because even one of the lower-cost styles will spruce up your rental considerably. Also, to save you time, consider buying trim that has already been primed or painted.
These three inexpensive ideas may be small, but they can add a tremendous amount of perceived value to your rental. In other words, when making home improvements in order to attract the right tenant, these ideas give you the most "bang for your buck." Other experts like Kimball Real Estate can likely give you tips
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