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Updated almost 10 years ago on . Most recent reply

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Gregory Massi
  • Investor
  • Mahopac, NY
13
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Top 5 comestic improvements for a rental

Gregory Massi
  • Investor
  • Mahopac, NY
Posted

What are top cosemtic improvements to increase cashflow? Let's assume target tenant is middle to upper middle class..

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Michael Noto
  • Real Estate Agent
  • Southington, CT
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Michael Noto
  • Real Estate Agent
  • Southington, CT
Replied

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

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