Inexpensive upgrades in between tenants. Did I miss any?

[Anthony Marin]

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