- This not only serves your tenants by giving them a nice place to live. But, it also serves you by not having to continually replace things or do heavy amounts of maintenance after each tenant leaves. While this can seem like a major expense, it doesn't have to be. In fact, there are several easy and budget-friendly things you can do to improve your home without putting a strain on your wallet.
- In this article we will give you a few simple tricks of the trade that can help you better tenant proof your home and keep it in sturdy condition for years to come.
- Trick #1: Choose Your Flooring Carefully
Choosing proper flooring can possibly be one of the biggest decisions that you will make when fixing up your rental property. It's best to do some research to find the most durable and practical type of flooring for your rental property. Also, make sure that if you're going to install carpet that you look into your state laws, as some require you to replace the carpet each time a tenant moves out. For this reason, we do suggest that you avoid carpet if you can, but if you can't, pick a darker color that won't show dirt and will be easier to clean. Completely avoid installing carpet in bathrooms, kitchens, and entryways. If you happen to go with a hardwood floor, make sure you provide the tenant with instructions to properly care for the wood.
- Trick #2: Install Proper Insulation
The reason it's important to have proper installation is because it will better help your house retain heat, and keep it comfortable throughout the seasons to provide a positive experience for your renters. Plus, well-installed insulation can help your tenant save money on heating and cooling costs, which can be a big selling point for them to pick your home. It also helps you save money in between tenants. Also, if you properly install insulation in your house before you have tenants. It reduces the chance of them trying to add insulation themselves, which can cause damage. It's an affordable task, and can be done quickly by a professional if you don't have time to do it yourself. So, be sure to take the time and add this task to your checklist.
- Trick #3: Don't Forget about the Little Things
Some of the little things may include making sure that shelving is properly installed. For instance, you want to take the time to find the stud in the wall and properly attach the shelves by using wall anchors and long screws. If you fail to do this, they could fall off or get pulled away from the wall over time, which can leave holes in your walls. Also, you may want to consider hanging blinds over the windows in your rental property before you allow tenants to move in. This again will eliminate the potential for them to improperly install blinds, themselves. Another little thing to think about is eliminating any pull chains from your light fixtures. This eliminates the possibility for the pull chains to be pulled straight out from the fixture or strip the switch inside, which causes the need for repair. Instead, use a wall switch.
- Trick #4: There's No Need For Beautiful Landscaping
The reason being, is that most tenants won't keep up with the maintenance of landscaping or yard work. So, save your money and opt for more budget friendly shrubs that require little to no maintenance. Also, instead of opting for beautiful landscaping, focus on maintaining a nice yard of grass for your tenants. And don't forget to write into the lease that they are responsible for lawn maintenance.
- Trick #5: Don't Be A Cheapskate
When installing cabinets for bathrooms and kitchens don't choose the cheapest option. Otherwise, you may find that they breakdown or wear more quickly. Instead, opt for a more mid-grade material that will ensure they last longer than their cheap counterparts, and will provide you a good return on your investment. This is especially important if you're renting in a high-end neighborhood and want to appeal to high-end buyers. In fact, in a situation like this, you may even want to choose a high-end material that will give you the most bang for your buck. Focus your attention on the main features, such as the kitchen counter tops and cabinets in the bathroom vanities.
- While no plan is foolproof, these tricks of the trade can be a real link to helping you solve your tenant proofing strategy. They key is to take time and do your due diligence in order to find the best solutions to keep your rental property functioning for years to come.