There
are many properties available for sale, such as Park 51 Residency.
Many people have jumped onto the property investment bandwagon, hoping to earn
some passive income. Before you jump onto the property investment bandwagon, it
is important to make your rental property attractive. This article will guide
you through how to make your rental propertyattractive.
1. Kitchen
upgrade
An upgrade in the kitchen will definitely increase your rental
rate as the kitchen is commonly known as the heart of the home. After all, it
is a place where family or friends gather together and bond among each other.
Replace unused and worn out items such as cabinet knots with things that your
tenants need. If you notice a clogged sink, get it repair. Keep the cabinets
and sinks scratch free and clean. Changing the kitchen countertops,sinks, new cabinets or even buying new appliances can give
your house a new fresh look. You could also rearrange the kitchen floor plan to
create more usable space for the tenants. It needs not be extravagant or fancy,
just a minor renovation will be sufficient, as a functional kitchen area is
still much preferred than a extravagant one.
2. Floor maintenance
Replacing your old floor with anew floor is a great way to boost your rental rate as well. You could try
replacing carpet and linoleum with high end material such as laminate, tile,
stone or even hardwood to add value to your rental yield. They are not only
stylish, but at the same time, it makes cleaning and repairing the floor a much
easier job for both the tenants and the landlord. The tenants will definitely
want the type of flooring that is easy to maintain and clean to keep the house
clean as well. However, do check the prices before making such replacement as
some tiles can be relatively expensive.
3. Bathroom
check
A dirty bathroom can be a major turn off to most people. If there
are any worn out items in the bathroom such as showerhead, faucets, lighting,
or clogged toilet bowls, do get them fixed or changed as most people, if not
everyone loathes having issues when they are using the bathroom, especially
after a long day at work. Do keep the bathroom clean and hygienic as well as
some people can be really fussy over hygiene, especially bathroom hygiene. The
positioning of fixtures and positioning plays an important role in boosting
your rental rate as well. Nothing annoys the tenants more than finding a
fixture located at an odd place, such as toilet paper holders placed at an
unreachable place. A clean bathroom will not only increase the rental rate, it
will also encourage your current tenants to extend their contracts and stay
longer.
4. Paint
Choosing the right paintthe
right color makes a huge difference. Using the right paint can instantaneously
revive and brighten your initially dull looking unit. Hence, you can choose a
color that will brighten up your unit or a color that adds a touch of
liveliness for your unit. Nobody wants to come back to a place where it further
brings down the already-tired-from-work mood. Make sure to use only good
quality paint as well to protect your home and will certainly last you a few
years. If you are unsure of which color to choose, you can always ask for
advices from the stores, as most stores offer a wide variety of colors for you
to choose from and they will be able to advise you on the matching of the color
that suits your house theme.
5. Clealiness
Many people overlook the basic rule of
keeping their house in a clean condition. This includes both the inside and the
outside. Clear the garbage, sweep and mop the floor, clear the mess, make sure
the pathway is clear of unwanted objects. Keep your unit clean, tidy and clear
of obstruction. Be sure to check each and every corner for cobwebs and insects.
Nonetheless, you should always keep the house clean and free from
dirt or garbage as everyone wants to come back to a well-cared house that is
clean and tidy.
If you follow these tips, you will definitely boost your house
rental value and fetch a better rental rate. Make some renovations or simple
improvements to your unit to make your potential tenants feel like it is more
than just a house but a home sweet home. Do set a budget to all these
renovations or improvements and stick to it, as you do not want to go overboard
with what you can afford. However, some improvements do not cost you an arm and
a leg and can be quite affordable so always do your research and search for the
best price.
~ Sharing is caring from Cekgu Norazimah ~
