Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

88
Posts
75
Votes
Anthony Marin
  • Rental Property Investor
  • Newark, NJ
75
Votes |
88
Posts

Inexpensive upgrades in between tenants. Did I miss any?

Anthony Marin
  • Rental Property Investor
  • Newark, NJ
Posted

As buy and hold investors and property managers we’ve turned over hundreds of apartments over the past 10 years. Our goal is to get the apartment rent ready in a manner that is going to attract a quality renter as soon as possible, and of course as inexpensive as possible. We’ve compiled a list of 5 things that can be done on every apartment you turn over and these items will give you the best bang for your buck. One thing that is not on this list is painting, painting the apartment after EVERY tenant vacates must be done if you want to attract quality tenants. Here is the list in no particular order.

  1. New range vent hood - $40-$100
  2. New toilet seat - $20-$40
  3. Reglaze tub - $300
  4. New outlet and switch covers - $.99 each
  5. New baseboard heater covers - $25-$40

QUICK TIP: Leave the stickers or plastic on the items you are replacing (such as the range hood and toilet seat). Potential residents love seeing new things and once the apartment is rented will really enjoy ripping off the tape and taking off the plastic on new items.

Do you guys have any others?  Thanks

Most Popular Reply

User Stats

14,573
Posts
11,239
Votes
Theresa Harris
#3 Managing Your Property Contributor
11,239
Votes |
14,573
Posts
Theresa Harris
#3 Managing Your Property Contributor
Replied

I'm assuming these are things that you do only if needed?  One other quick way to update the look of a room is change out the hardware on cabinets.

  • Theresa Harris
  • Loading replies...