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Updated over 4 years ago on . Most recent reply

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Praveen Balaji
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How much difference does repainting make in attracting renters?

Praveen Balaji
Posted

I am close to purchasing my first SFH rental. The interiors are painted beige. The paint is fine - it just needs a little touch up here and there. My property manager took a tour of the house today and gave me a (low priority) recommendation of repainting the house "agreeable gray".

I am curious how much and what kind of difference going from B+ color to A+ color makes to the rent, rentability and cashflow in your experience.

TIA

Praveen

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Dave Van Horn
#5 Real Estate Events & Meetups Contributor
  • Fund Manager
  • Wayne, PA
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Dave Van Horn
#5 Real Estate Events & Meetups Contributor
  • Fund Manager
  • Wayne, PA
Replied

Speaking as a landlord and a former painter myself, going from B+ to A+ is probably one of the easiest (and cheapest) things you can do that could make a world of difference for potential tenants. It's why nearly every apartment complex does this when they have any turnover.

Remember it's not just appealing to the eyes but it can also give that "new apartment" smell and presents an overall cleaner interior.

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