5 Cheap Ways to Improve Your Rental Property
Obviously if you had thousands of dollars and unlimited amounts of time it would be easy to fix up a property. However, most of us don't have that luxury. If you own rental property or are rehabbing a property, you know what it's like to run on a tight schedule with an even tighter budget.
Often times, the basic home improvements, like paint and carpet, can cost you thousands of dollars alone. But, you should know that there are some very simple and cheap ways to improve a home. The following is a list of 5 things you can do to improve your rental home that are inexpensive and easy-to-do:
Paint kitchen cabinets
If your kitchen cabinets weren't fabricated in the last decade, chances are they are desperate for a makeover. But replacing cabinets can be really expensive, so instead, just paint them. Use a semi-gloss paint and don't even bother with the insides.
Replace Shower Curtain
I never could understand why rental owners don't replace shower curtains and liners. It's such an easy and cheap way to make a bathroom look cleaner and newer. Just go to any large discount chain and you can find a nice curtain for $30. While you're at it, replace the curtain rod as well (less than $20 at Home Depot).
Replace Switch Plates
Did you know that switch plates only cost about 50 cents a piece to replace? Such a minute detail like electrical switch plates often get overlooked when renovating. But such a simple thing can make a big difference with the aesthetics of a home. Most landlords never replace the switch plates and even worse, some paint right over them. I'm telling you, don't overlook this, installing new ones will make a big difference.
Doors are another cheap and easy improvement that goes overlooked. New replacement doors can be as cheap as $20 a piece for the basic hollow-core door. A new front door is also a good idea, if you can afford to spend a few hundred dollars. If not, you can always paint the existing door to look fresh again.
Replace or Paint Trim
If your home already has trim, consider giving it a fresh coat of bright white paint. If your trim is old and ragged looking, consider replacing it. Trim and molding is only 50 cents per sq. ft. Molding and trim will dramatically improve the appearance of the rooms in your home.
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