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Updated almost 10 years ago on . Most recent reply
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Top 5 comestic improvements for a rental
What are top cosemtic improvements to increase cashflow? Let's assume target tenant is middle to upper middle class..
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Middle to upper class is a big gap where I am, but for middle class tenants this stuff usually suffices for cosmetic fixes:
1. fresh paint
2. new carpet, or re-finished hardwoods
3. Hire someone to do a deep clean
4. Put up some kind of trendy looking backsplash that is not that expensive
5. A new countertop, but not granite for middle class tenants
In our experience, middle class people who go to work every day just want to come home to a nice clean home in a good neighborhood that is quiet. The bells and whistles are not something they absolutely have to have, but when you show an effort as a landlord by doing the things I mentioned above it goes a long way with people and sets you apart from typical landlords.
- Michael Noto