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Featured image on blog about Ways to Improve the Look and Feel of Your Investment Property

As a real estate investor, it is essential to keep your investment property looking its best to attract quality tenants and maintain its value. However, it can be challenging to improve the appearance of your investment property without breaking the bank. Fortunately, there are several ROI-friendly ways to improve the look and feel of your investment property without spending a fortune. Here are some tips from Porch Life Direct to help you out.

Create a Business Plan

Before embarking on any upgrade project for your investment property, it is essential to start by creating a business plan. A business plan will help you determine the scope of the work and the budget required to complete the project. Moreover, it will help you identify any possible hurdles such as permits and zoning restrictions. Also, consider structuring your business as an LLC in Minnesota. This structure limits your personal liability and offers tax advantages, too.

Refresh Fixtures and Hardware

Replacing outdated fixtures and hardware such as doorknobs, light fixtures, hinges, and handles is a simple and cost-effective way of improving the look of your investment property. You can either repaint or replace the fixtures and hardware to give them a fresh look.

Make Use of Area Rugs and Textiles

Area rugs and textiles are an effective way of adding color and texture to any room in your investment property. They are also an excellent way of covering outdated floors and furniture. Area rugs allow you to update the look of your investment property without having to spend money on expensive flooring upgrades.

Upgrade Kitchen Appliances

The kitchen is the heart of any home, and as such, it is essential to keep it looking modern and functional. One way of upgrading your kitchen without breaking the bank is by investing in energy-efficient appliances such as refrigerators, dishwashers, and ovens. Energy-efficient appliances not only look modern, but they can also save you money on energy bills.

improve the look and feel of your investment property with upgraded appliances

Additionally, adding a range hood above your cook surface is helpful as well. This vent pulls air towards it during cooking, preventing particles from settling on other surfaces throughout the kitchen, which saves time cleaning later on.

Create a Cozy Outdoor Seating Area

Outdoor spaces are becoming increasingly important to tenants, as they provide an extra area to relax, entertain and enjoy. Creating a cozy outdoor space is an excellent way of enhancing the curb appeal and value of your investment property. You can achieve this by adding comfortable outdoor furniture, colorful cushions, and potted plants. Visit Porch Life Direct if you’re planning to screen in the porch!

Porch DIY project in Manitoba, Canada with Porch Life EzVue Vinyl windows and doors

Upgrade Your Landscaping to Boost Curb Appeal

The first thing that prospective tenants will see when they arrive at your investment property is landscaping. Well-manicured lawns, neatly trimmed trees, and blooming flowers create a welcoming entrance that will impress anyone who visits. Before getting started on any landscaping project, it is essential to consult online resources to ensure that you are following all relevant laws and regulations.

Upgrade Bathroom Amenities

Bathrooms are another area of the home that can benefit from upgrades. Simple upgrades such as new towel racks, faucets, and showerheads can go a long way in updating and modernizing the space. You can also add new light fixtures, mirrors, and other accessories to give the bathroom a fresh new look.

Compare Rents

Once you complete your renovations, it’s crucial to conduct thorough research on the rent prices of comparable investment properties in your area. This can provide you with a benchmark for setting an appropriate rent for your property. Comparing your property with similar ones in terms of size, location, amenities, and condition can give you a clear idea of what tenants might be willing to pay. This ensures you are competitive in the market and not leaving money on the table each month. Having a good understanding of the rental market trends can also help you make informed decisions about future investments or renovations.

Improving the look of your investment property does not have to cost a fortune. By following the tips outlined above, you can update and modernize your investment property while keeping your budget in check. Create an LLC, make kitchen updates, and set an appropriate rent price. Remember, a little investment in your investment property can go a long way in attracting quality tenants, maintaining its value, and maximizing your ROI.

Peter Oday
Peter Oday
Andrea was outstanding working with me on the project all the way through! Materials arrived on schedule, well packaged with no damage. Measurements were exactly what I requested. Quality of windows and doors is exceptional. We are extremely satisfied with the products!
Glen Barbeln
Glen Barbeln
The windows are perfect for our new porch at our cabin. The whole experience went well from the order to the delivery. I would recommend them to anyone! Glen
Scott Nelson
Scott Nelson
Andrea has been very responsive to my needs and I love the product. We have gone from two seasons on the patio to three. Very happy 😊
Jessica Mae
Jessica Mae
Great Experience! They helped me order the trapezoid fixed panel windows for my A-frame extended porch and Vinyl window French doors. We used a contractor friend to install them but it was a pretty stress-free project. The vinyl is super durable and seems to keep the heat in really well too during cooler months. Thanks Andrea!
Gittelson Jewelers
Gittelson Jewelers
We ordered the 4 track windows for our back porch to enclose it. We needed help measuring and Andrea was super helpful with that and answered all of questions so we felt really good about tackling a DIY project with these windows. Everything came as described and we simply followed her videos to get them installed. I definitely give Porch Life a thumbs up for making our outdoor living space project super easy. Thankyou!
Buz Booker
Buz Booker
1-30-2023 Andrea @ Porch Conversions- We have really enjoyed our “new porch windows”. We can sit out there when sun warms it up. The temperature outside might be mid-forties and with the sun it can be mid-fifties on the porch; and the space heater kicks in some extra comfort. We hope for the best weather when our kids ( and kiddos) come in February from NYC and the Netherlands . Our two man team got the windows installed in less than a half day; and they look GREAT! We’ve told a bunch of friends how easy it was dealing with you and your company - the best - quick and the price was right! Also, we were most pleased to get the replacement screens for two windows and our contractor got them installed in about 40 minutes. Overall you get a very high mark for service, friendliness, sense of humor and being so easy to work with - many, many smiles! Come see us in the mountains of southwest Virginia and see the handiwork. All the best Buz Booker Pulaski, Va
SammyJ Koza
SammyJ Koza
Easy to install and great support. They shipped with the time frame she said they would. Thanks Andrea for all of your help.
Greg Jones
Greg Jones
We love our new windows. We were originally going to go with just a screened in porch. After seeing some examples and talking to Porch Life Direct it was an easy choice to go this route. We turned a porch from something we would use in the summer to something we use throughout most of the year. They are extremely easy to install, easy to maintain and even easier to use. We couldn't be happier with our decision!