Are you planning on updating your Portland Oregon rental, or are you focusing on rental property improvement, but, you’re on a budget? If so, you’ve come to the right place.
There’s no doubt. It can be challenging to update a rental property when your finances are tight; the good news, though, is that there are a wide variety of affordable budget-friendly updates.
In this article, we will provide you with a list of budget-friendly updates that you can easily do yourself.
Rental Property Improvement – Repaint Your Rental Property
One of the first budget-friendly updates that you can make to your Portland rental property is to paint the inside of it. This is a significant update to make because of the simple fact that walls can talk, and if the walls inside your rental property have not been painted in some time, your rental property is going to look a lot older than it is.
When choosing paint, the best thing to do is to stick with painting the walls in your rental neutral colors. This means choosing colors like off-white, beige, tan, or grays because your goal should be for your future tenant to envision themselves living in the rental property instead of being overburdened by your decorating decisions.
Update #2 – Take Care of The Ceilings
The second update to make to your Portland rental property is to update the ceilings. This is important because if your rental has the infamous “cottage cheese” or “popcorn” ceilings, most people hate these ceiling textures with a passion. They will feel that your investment property is a lot older than it is, so for the best results, you should consider scrapping those ceilings and giving them a fresh coat of paint.
Update #3 – Update the Bathrooms
If you ask anyone, they will tell you that the bathroom is one of the rooms in a home that they spend the most time in because of the apparent reason that everyone has to do their business in the bathroom, including shower, shaving and of course getting ready for the day or a night out.
Since bathrooms are so important, you should take the time to update the bathroom in your investment property by giving it a fresh coat of paint, sanding and refinishing or repainting the cabinets, re-tiling (if needed) the counter or tub/shower area, refinishing the tub and replacing the bathroom toilet if it’s older than ten years old.
Update #4 – Clean the Floors
When was the last time that you had the floors inside your Portland rental property professionally cleaned? If it’s been over one year, you should hire a professional cleaning company to clean the rugs and carpets because of the simple fact that flooring can quickly accumulate dirt, grease, grime, and other debris over one year and should be periodically cleaned professionally to preserve the value of your investment.
Update #5 – Tune Up The HVAC
We’ve given you a lot of ideas that you can fall through with to update your investment property, another great one that you should consider is upgrading your HVAC.
Your HVAC system should have a tune-up at least once a year, or a thorough check-up by an HVAC professional, because of the simple fact that as HVAC units get older, it can be harder for them to function the way that they should so it’s best to have them checked out at least once a year to verify that all the parts of HVAC are in proper working order.
After having your HVAC checked out, you should also ask the same heating and air conditioning company to clean the air ducts in your investment property as well because the air ducts in your rental will accumulate dust, dirt, and debris over one year and they should also be cleaned because this will help to ensure clean airflow inside your rental home.
Update #6 – Clean Up the Curb Appeal
Last of all, but most important, another thing that you should consider doing to improve the quality of your Portland investment property is to update curb appeal. This is an essential task because of the simple fact that if your property has bad curb appeal, it’s going to potentially dissuade some individuals from expressing an interest in living there and filling out an application.
Thankfully, gardening is something that almost everyone can do, and you can easily update the curb appeal to your rental property by spending $50 to $100 on plants. You should consider hiring a gardener or professional landscaper to update the lawn so that when you’re ready to show your property to prospective tenants.
Contact Rent Portland Homes
To learn more about things that you can do to update your Portland investment property, or to speak with us about our Property Management Services, contact us today by clicking here, you will be glad that you did!