If it’s time for a facelift for your property there are a lot of things that you can do to give your place a fresh new look without investing a lot of time or money. If your property includes rental units, keeping it clean and appealing can significantly upgrade the quality and duration of your tenants, which is great news no matter how you slice it.
Curb appeal
Whether it’s an apartment building, a condo complex, or a home, the largest and most significant change that you can make is to give your property some serious curb appeal. Flower beds, baskets or pots of greenery, or a well maintained parking area including custom parking signs can really improve that first impression. Custom parking signs will also show people that the property is organized and cared for.
Painting
Getting the entire exterior of your property painted can be far more than you’re willing to do on your own or pay for. However, why don’t you consider a fresh coat of paint in a vibrant contrasting color for all of the front doors or maybe the trim? This option is substantially less difficult and provides a great deal of bang for your buck.
A professional operation
If you are renting units then you’ll want to make sure all of those little details like contracts, rental ads and information for potential renters are professional in both appearance and function. This inspires confidence in your management skills and will expose you to a more serious group of tenants. Many companies online can offer free tips or marketing supplies to ensure that you have the tools you need to market your property. The marketing supplies that you’re looking for will depend on what type of property you own and whatever your individual marketing needs are.
Interior common spaces
Areas like the mailboxes or lobby are seen by all so make sure they reflect the way you want them treated. If the walls are grubby and the carpet hasn’t seen a vacuum in over a year, then chances are people won’t respect the areas or care whether there’s garbage on the floor or old flyers piled up to the ceiling. If the area is bright and clean then people will be much more apt to pick up the occasional dropped piece of trash.
The tenant factor
Making sure you have responsible tenants will automatically attract more responsible tenants because people who have the same type of lifestyle will be much more likely to be able to live harmoniously. If you have a building full of young professional families then advertising for a bunch of college frat boys looking for a party pad will not be a great long term situation for anyone. If your tenants get on well, it will drastically improve the overall vibe of your property.
At the end of the day an upgrade doesn’t have to cost a lot of money or require a lot of your time. You just have to have a clear vision of your end goal and the ability to make clever choices.
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