Secure a High Return: Maintain Your Vancouver Island Real Estate Investment
Maintaining your Vancouver Island Real Estate investment does not need to come at a high cost, a little goes a long way. As a landlord keeping your property in an attractive state will help you enable a higher rent.
Replace those ancient, mismatched switch plates. Don’t repaint a unit and leave the old switch plates behind, and please never paint over them. This is ludicrous! They are extremely cheap items that can make a world of difference. Splurge a little and get creative with charming brass plates for some of the more popular rooms like the living area, it would only cost twenty or so extra bucks.
Improve the condition of all doors. They are the first things people see before they enter the house and every room. They too do not have to cost you a fortune. Plain white doors are great and universal.
If you do not want to paint the interior of your house why not just paint the trim. It can really improve the look. If the walls are off white or a neutral shade, a dazzling white trim is a great suggestion. Try using a semi-gloss paint in white to enhance your walls.
Since the entrance of your house is important for great first impressions try updating it a little. Install some attractive flooring or linoleum. This can bring character to the foyer at a decent price.
Updating cabinetry in the kitchen is also valuable. You don’t have to do much, if the cupboards are a faded out wood colour, try bringing them back to life with a fresh coat of white paint and some fancy knobs, colourful knobs. You don’t even have to paint the insides of the cabinets no one sees them anyway.
If you’ve done all these things already to make your investment stand out, try doing some more. There are plenty of projects you could tackle like adding a pleasant mailbox or building a few planter boxes. Do whatever you wish to add character and warmth to your rental it will only benefit you with profit. Always keep in mind that the real estate market for investors is a competitive business and first impressions are only offered once.
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