Are you searching for things that you can do to add value to your Portland Oregon Rental Properties? If so, you’ve come to the right place!
With the end to the coronavirus lockdown now in sight, and that entire state of Oregon about to reopen within the next 30 days, now is the perfect time for owners to start making plans for all the things that they can do to add value to their properties following the coronavirus pandemic.
In this article, we will provide you with list of several things that you can do to add value to your rental property without spending a lot of time or money.
#1 – Clean Those Gutters
First thing that you can do to add value to your rental properties is to clean the gutters on each property.
This is something that you should be doing anyway during this time of year by default because it’s a simple fact that winter just ended and spring is the right time to clean gutters.
You want to make sure that the gutters on your rental property are not clogged with debris and are able to direct water from heavy rainfall away from your property.
#2 – Check Roofs For Water Damage
Besides clean gutters, another important thing that you should be doing to add value to your PDX rental property is to check the roofs on your rental property for water damage.
Thankfully, spotting water damage is easy, all you have to do is look for shingles that are cracked, loose, broken, blistering or bubbling. These are all signs that the rough on your rental property may potentially have water damage that could lead to structural damage if the roof is not replaced.
#3 – Plumbing Improvements
Cleaning gutters and checking each roof on your rental properties is important but another thing that you should also get to the list is making small plumbing improvements.
Which plumbing improvements should you be making? Start with changing out the wax ring underneath each toilet in your rental properties. This is fixed at any owner can easily do themselves and since a wax ring only costs $10 or less, it’s also one of the most affordable things that you can do to ensure that each toilet in your rental property is functioning normally for years to come.
#4 – Inspect Smoke And Carbon Monoxide Detectors
If your rental properties have older smoke or carbon monoxide detectors, you should replace those units immediately with newer models. Doing this will help to ensure the safety of the tenants that live in your rental properties while also helping to protect your Investments as well.
While you are inspecting the carbon monoxide and smoke detectors in your rental properties, you should also inspect the thermostat in each rental that you own as well and consider replacing those thermostats with newer models.
#5 – Replace HVAC Air Filters
Sadly, replacing HVAC air filters is something that many tenants just don’t do themselves, even though their landlords remind them to so while you’re at your rental property making minor improvements, you should inspect air filters on your HVAC unit and replace them if it looks like they haven’t been changed out within the last 90 days.
While you have your HVAC opened up and are replacing the air filters, you should also see close attention to the coils on your HVAC unit and consider clean them with an HVAC coil cleaner.
#6 – Look For Water Leaks
Inspecting the roof is only the first step towards confirming that your rental property doesn’t have any water leaks.
You should also be checking every faucet, shower head, sink or toilet in your rental property to confirm that those areas are not leaking water as well.
After checking the inside of your rental properties for water leakage, you should also take the time to examine the water faucets outside your rental property just to confirm that they’re not leaking water either.
#7 – Do A Visual Inspection Of Your Properties
One of the last but most important things that we encourage you to do that add value to your Portland Oregon Rental Properties is to do a visual inspection of the exterior of each property.
The visual inspection is an important part of the process because, you want to specifically be looking for any trees, debris or power lines that may be too close to the property because these things could damage the property during a storm.
#8 – Hire A Property Management Company
Yes, there are a wide variety of things that you can do yourself to add value to Portland Oregon Rental Properties but, one of the most important things that add value to your rentals is hiring a property management company like Rent Portland homes to manage your rental properties for you.
Hiring a property manager will save you the time, money and hassle of having to manage your rental properties yourself while ensuring that the tenants that are living in your rental property or receive the best service and support while they’re living there.
The team at Rent Portland Homes has decades of combined property management experience. We can assist you with all your property management needs from marketing real property online, rent collection, maintenance and so much more.
To learn more about the property management services that weekend are for you contact us today by clicking here.