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Ways to Improve the Look and Feel of Your Investment Property

by | Aug 25, 2023 | Investment Properties

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Replacing outdated fixtures and hardware such as doorknobs, light fixtures, hinges, and handles is a simple and cost-effective way of improving the look of your investment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 They are also an excellent way of covering outdated floors and furniture.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.

Geoff Corrado
Geoff Corrado
We used this window system on a 3-Season Room project recently and they were great. Easy to order, quick to deliver and easy to install....and they look fantastic too! Already have had many people ask about them and will most certainly use them again.
Jeff Baumann
Jeff Baumann
We love our new windows and would recommend them to anyone considering these windows. We contracted with another supplier for the doors but we’re not pleased with the lead-times and scheduling delays. So we contracted direct with Porch Life for the windows. The ordering process was easy and seamless. The windows were exactly what we wanted and expected. We installed the windows ourself as the installation is pretty simple. I would suggest careful measuring and measure multiple times to ensure the windows will fit as expected. We are very pleased with our purchase.
Juanita Golson
Juanita Golson
We love the windows we purchased from Porch Life. We upgraded our deck to a sun room and the windows help the room look so open and inviting. When they arrived, they were well protected and no damage. The windows were made to the precise measurements sent to them and fit perfectly in the openings we had prepared. Great value for these windows. Their customer service is fantastic, too.
Frank G
Frank G
Transformed our back porch into a great three season room. Just wish we did it years ago. Andrea was great throughout the whole process. Can’t wait to see how long we can use it with the north east winter coming. Installation was easier than expected; took two of us about half a day. Thanks for everything.
Michael Los
Michael Los
Andrea was great to work with. She did all she could to ensure I had a positive experience from start to finish. After I discovered several pieces were damaged during shipping, Andrea helped me work through the claim process to obtain replacements. I am pleased with the construction and material of the 4-track windows. The installation steps are straightforward. The openings on my porch required 4 twin units. For wthat it's worth, if I were to do again, I would leave 1/4" per joined unit (or min. 1/2 total) rather than 1/4" per rough opening. In short, I'm happy with the product and very happy with the service I received from Andrea and Porch Life Direct.
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 😊
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