As a Catonsville rental property owner, one of the smartest ways to make sure your real estate investments are profitable is to make them as low-maintenance as possible. There are numerous low cost and reliable ways to build a low-maintenance rental property. If you feel that you are spending too much time and money on property maintenance, these techniques may help.
The important thing to owning a low-maintenance rental is to make sure that you pick the perfect materials for your property. Low maintenance is not the same as low quality. Lots of quality materials are more durable and easier to keep clean than the cheaper, low-grade kind. Flooring is an area that is a clear illustration of this. For low-maintenance floors that will sustain their charm for many years, expert property owners often choose tile or vinyl. Tile and vinyl both work well in kitchens, bathrooms, hallways, and other high-traffic areas. And they are both easy to keep clean.
Countertops are another option where the right materials can make a big difference. To acquire the best value that is easy to clean and won’t fade or peel over time, rental property owners often choose quality solid surface countertops for their kitchen and bathrooms. There are several inexpensive varieties of solid surface countertops, offering a wide range of colors and styles. You can also achieve the look of more expensive granite without the price or concern that your tenants will damage the natural stone with harsh cleaners. For countertops and flooring, it’s necessary to seek mid-grade materials that will offer durability and value.
Another great strategy to minimize maintenance in your rental’s interiors is to paint the walls with a high-quality semi-gloss paint. Unlike flat paint, which is difficult to clean and may stain instantly, semi-gloss or even gloss paint appears to hold on better to heavy wear. Try to use glossy paint in the kitchen to make those walls stain-resistant. You may also try installing a backsplash behind appliances and counters. A backsplash is even easier to clean than a painted wall and will lessen the volume of re-painting you’ll need to do between tenants.
When you’re preparing for renovations, make sure that you consider low-maintenance lighting choices. Pendant lights and chandeliers seem to be attractive, but they tend to accumulate dust and insects in the long run and are easily damaged. To minimize maintenance, choose good quality, functional lighting that is mounted securely against the ceiling. It would be great to select light fixtures that make it easy for your tenants to change light bulbs if necessary. Consider improving your power stations to add sockets for mobile phones and other electronic gadgets for an additional selling point. Not only does this draw more tenants, but it will help eliminate accidents like blown fuses.
Ultimately, one of the easiest approaches to build and own a low-maintenance rental is to have a comprehensive maintenance plan in effect. Your maintenance plan must include both interior and exterior maintenance activities, as well as a schedule of when each task should be finished. Managing routine maintenance every month is important to preventing costly emergency repairs and keeping your rental as low-maintenance as possible.
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