Renovations breathe a new life into any property. Frequent upgrades are important for property management and add more value to your home for rent. However, not all homeowners can afford major renovations, such as building an indoor swimming pool or constructing a new bathroom.
Property management can be cumbersome if you do not know how to maintain your property and make it ready for every season. Small investments go a long way to prepare your property for showings, boost your rental price, or change the look and feel of your home.
Top Property Management Tips
1. Remove Popcorn Ceiling
If you have these outdated ceilings, you might be tempted to scrape them off yourself. But beware. In case your ceiling contains asbestos, it can lodge in the lunge when inhaled and lead to diseases such as mesothelioma. Instead of embarking on a DIY project, get in touch with a professional Los Angeles property management company to take care of your popcorn ceiling.
2. Add New Appliances
If you upgrade your home for renting purposes, installing hi-tech and reliable appliances can help you close a profitable deal. Potential renters appreciate modern equipment and accessories in the kitchen or washing area.
For instance, if you have half-functioning and old appliances in these areas, your property will fail to make a good first impression. Nobody wants to pay for malfunctioning appliances or live with high-maintenance appliances. Invest in premium-quality dishwashers, washing machines, coffee brewers, kitchen stoves, etc.
3. Replace Light Fixtures
Another easy and affordable upgrade is replacing old and outdated light fixtures. You give an instant makeover to your living room or bedroom and make your home look brighter and bigger. Adding floor lamps or introducing ambient lighting is a budget-friendly way to add a touch of class and luxury to your property. The right lighting can make your home or commercial property look warm, welcoming, and spacious.
4. New Cabinetry
Changing your kitchen or bathroom cabinets should be on your list for managing and maintaining your property. You only need a fresh coat of paint and new light fixtures to upgrade your home in some cases. But replacing old particle board cabinets will go a long way to make your home or office more modern and functional. Storage space is crucial for increasing the appeal of your rental property. Adding more cabinets is another easy way to upgrade your property.
If you can’t afford to change the entire cabinetry, consider replacing the drawer pulls and cabinet handles of your bathroom and kitchen cabinets. This low-cost upgrade will give a new look to the most important areas of your home. Remember to choose handles that their finish matches with the other accents in the room.
5. New Countertops
Who doesn’t love brand new countertops? Upgrading your countertops won’t cost you fortunate but will instantly transform your kitchen and add an aesthetically appealing touch to your décor. Quartz and cement are the most popular types of countertops available on the market, but you can also go for granite. Pick something from a professional tile store in Los Angeles, CA that looks beautiful for your LA property but also offers durability and style.
Choosing the right flooring can be tricky because everyone has different preferences. Some people prefer large area rugs while others go for different types such as bamboo, hardwood, laminate, planks, and faux wood. These flooring types vary in price and functionality, so choose something that falls within your budget. Carpets can also be an attractive option, especially in winter. However, you never know if your renters or their pets will have a carpet allergy. Choose a mix of durable flooring and good carpeting to make your property look amazing.
7. Update or Add Molding
This small detail can add the perfect final touches to your property. The cost depends on the different molding styles and sizes. Install additional molding around your bathroom or kitchen cabinets for adding extra detail. Many types of moldings, such as baseboard, crown, and wainscoting, add character to plain rooms.
Replacing fixtures and upgrading all faucets from bathroom to kitchen can make your home or apartment look straight from a décor magazine. Tenants also observe new window blinds, door hands, and knobs, etc. Adding or replacing lighting fixtures in your bathroom, kitchen, and living room can also make your property look more appealing.
9. Add More Seating
Your dining area or patio can benefit from more seating options. Adding a small bench to your front or back porch or creating a small seating area inside your living room can make your property look more welcoming. If you don’t have a large deck or space, portable and multi-purpose furniture can be great additions to your home or office. For instance, stackable stools, ottoman chairs, and modular furniture easily fit in less space.
10. Focus on Landscaping
One of the most striking and amazing upgrades to any residential or commercial property is improving the landscape. The cost of increasing your curb appeal depends on the changes you make. If you don’t want to go for expensive upgrades such as installing a fountain or setting up a garden, add some plants and repaint the floor door. Choose a bold accent for your front door o draw attention and make your home look more inviting.
Hire a Professional Los Angeles Property Management Company
From maintaining your property to finding the right tenants, there is a lot of effort that goes into the property. If you don’t have the time to manage your rental property, consider handing over the job to professionals. A professional property management company streamlines landlord duties and takes care of major and minor upgrades.
With over three decades of experience, RTI Properties provides exceptional property management services to all clients. We provide excellent Los Angeles Apartment Management services to all our clients. Get in touch today if you want to know how RTI Property Management can upgrade your LA property without exceeding your budget limitations.