Owning rental property can be a
rewarding experience by helping people when they are not ready to buy their own
home. And the smartest investments can produce significant income! There will come
a point however, when your property needs improvement to stay competitive with
the higher rental rates. Try these small improvements to increase the monthly
rate on your rental property.
Curb Appeal
Attract those potential renters
by improving the outside appearance! Your best renters are the ones who care
about the property’s appearance and what shape it’s in. If you purchased an
older property or have owned for many years, the landscaping will benefit from
a small overhaul.
The best thing about improving
the landscaping is you can do so with a current tenant and there is no loss of
income. Once you and your tenant agree on a convenient time for the least
disturbance, rent one of our smaller bins to help with your debris. Include in
your dumpster...old mulch, any dead or crowded bushes, and overgrown tree
branches.
After you clean up the yard and
landscaping, look over the home for wood or siding that needs to be replaced.
Oklahoma storms can damage these parts of the property. Also, a metal mailbox
and guttering can sustain damage from hail. Add the dented mailbox and
guttering to the same dumpster, maximizing your bin rental.
On The Inside
Rental property owners know
higher rents come from desirable properties that are in demand. Small updates
can make properties as desirable as competing properties that are newer.
One improvement should be
updating the floor surfaces. Renters are wanting ease in care and
function-friendly. The popular choices are wood or wood-like laminates and also
tile. Carpet may be the cheaper expense upfront, but choosing a more durable
flooring will not require replacement with every new tenant, making it an
investment. Also, wood and tile floors are more present than ever in new builds
and renters will pay more for this upgrade.
When upgrading or replacing
flooring, rent a roll-off dumpster to dispose of the old carpet and padding. If
the baseboards are going to be replaced to match new floor’s height and style,
add the old wood to the dumpster also. We have the perfect size bin to
accommodate both the flooring and baseboards.
Finally, if your property is up
to date with required maintenance and repair, it is the perfect tine to invest
in updating the items in the home that will ‘date’ its appearance. Replacing old cabinetry in the
kitchen and bathrooms will improve the appearance of your rental. New cabinets,
drawers, and flooring will refresh the entire home. Our larger bin will then be
the perfect choice to handle disposal of all the old flooring, baseboards, and
cabinets.
Because these inside updates
have to be done between renters, a dumpster will help the update go smoothly
with the quickest disposal of old materials and packaging. The goal is to
update as quickly as possible, moving the next tenants in and once again
collecting rent.
When you are ready to increase
your rental rate by improving your property, Bin There Dump That will help you
with your dumpster needs.
