Durable Materials for Damage-Proofing a New Rental Property
Tips for Keeping Your Rental Property Looking Like New
Owning a rental property can be both a blessing and a bane. On one hand, the property can be a strong income producer (as long as you have good tenants), but on the other hand, it’s not always easy to find good tenants, and often, your investment gets damaged as a result.
The key to damage-proofing your rental property lies in the materials you use. Some materials simply wear better than others, and by having durable materials, you’ll be able to reduce your rental’s vacancy rate whenever a tenant leaves. Here are six materials that will help protect your investment from your tenants.
Semi-Gloss or Satin Paint
Paint is one of the first things to be updated whenever a tenant vacates a rental. But did you know your choice of paint can play a big role in how much you actually have to repaint? In a rental, it is never recommended to use flat paint because flat paint is impossible to clean whenever it gets scuffed or marked up.
Instead, use semi-gloss or satin paint. These finishes are much more forgiving and areas that you would otherwise have to repaint can sometimes be wiped clean with a damp cloth, saving you time and money!
You may not have seen door stoppers in a home since the 1970s, but these little tools will prove to be your favorite new additions because they help prevent damage to the walls caused by doors and doorknobs. You can also use door bumpers for the same effect. Door stoppers and bumpers only cost a few bucks each, but they can help save you hundreds in drywall repair costs.
Tenants are especially hard on window blinds, so you want to avoid splurging on the expensive variety. Instead, go with a less expensive version because odds are you will have to replace them every time a tenant leaves.
Carpet is plush and comfortable and hard wood is sumptuous and warm, but neither makes for a good option when it comes to a rental property. Carpet will eventually become stained and damaged, and hard wood will be scratched and gouged. Both will be expensive to replace and/or repair with every new tenant change.
So instead, try to opt for more durable flooring like vinyl or ceramic tile. Linoleum might seem old-school, but it is back in style thanks to modern manufacturing techniques and an impressive range of updated styles, colors, and patterns.
While keeping the inside durable is important, you don’t want to forget about protecting your home’s exterior. And, one way you can do this is by installing gutter guards on your gutters. This will help prevent leaves, twigs, and other debris from settling in your gutters and clogging up the drains.
This is crucial because clogged gutters cause rainwater to build up and flow back into the structure where it can cause a lot of expensive damage, and you don’t want to risk your tenants trying to clean out the gutters themselves.
Curb appeal is also important for any rental property, but too much landscaping can be too much. So, keep it simple and go with hearty evergreen shrubs and bushes. Your property will always look great regardless of the season. Plus, evergreens are easy to care for and they grow in virtually any type of soil. They make for an all-year landscaping solution that doesn’t require a lot of maintenance.
The next time you have to update your rental property, consider making the above changes. Then, the time after that won’t be nearly as expensive or time consuming to prepare your rental for your new tenants.
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