As a landlord, it is crucial to find ways to update your property so that you can continue to charge the maximum amount of rent your area will support. This is especially important when you own a rental home in high-interest regions like Waco, TX.
More often than not, however, when landlords update their investment properties, they don’t consider the materials they are using. Because of this, many of the items they use to “update” their rental homes do not hold up, causing them to have to update them more often than needed.
If you are a landlord in the Waco, TX area, and you are interested in making some updates to your rental home, don’t skimp out. Using high-quality, low-maintenance building materials will ensure that your rental property holds in value for years to come without the worry of numerous repairs or fixes. Here are the top three materials you should consider using and why:
1.) Quartz is an appealing, durable countertop that will stand up for years to come.
When anyone thinks “luxury,” they believe granite or marble is the best choice. When landlords think “cost-effective,” they believe laminate is the way to go. The trouble is, granite and marble stones are pretty expensive and porous – so they absorb liquids and stain. And laminate? Well, they burn, scratch, chip, and can warp over time.
To avoid having to reseal or replace your rental home’s countertops continuously, consider installing quartz instead. Though some quartz pieces can be pricey compared to laminate, many are less expensive than granite or marble. Plus, since quartz is a manufactured material, it isn’t porous and doesn’t stain easily. It is a low-maintenance, beautiful countertop option that will increase your rental property’s value.
2.) Waterproof flooring, such as vinyl planks, are both durable and affordable.
Believe it or not, while “vinyl-plank” flooring was never something that added value to a property per se, more and more renters (and buyers) are looking for homes with this type of flooring installed. Unlike in years past, vinyl flooring now looks exactly like wood, without the worry of wear and tear. Virtually indestructible, vinyl flooring is waterproof and scratch-resistant. Some are even micro-bacterial. Best of all, it is relatively inexpensive compared to most flooring options.
3.) LED lighting is always the way to go.
One of the biggest reasons landlords (and tenants alike) love LED lights is that they last longer than other, older light bulb types while using less electricity each month. Some LED bulbs can run for up to 50,000 hours, which means they technically would not need to be replaced for about 10-years. Talk about a win!
At Real Property Management Talent, we have provided Waco, TX, and Central, TX with exemplary property management services for over 30 years. Our goal is to make sure our landlord properties continue to grow in value, serving as a lucrative investment for years to come. Feel free to contact us to learn more about the comprehensive services we offer: 254-651-0576. We would love to hear from you!
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