Understanding problem areas to avoid is a key factor to being a successful landlord. It will meet the expectations of your tenants, and have them knocking at your door for the right reasons. First impressions count. So, we have put together a list of ten red flags that can negatively impact the appearance and rental value of your property.
A well-known issue for tenants is carpeted rentals. They are shorter in lifespan and are high-maintenance in comparison to hardwood, laminate or tile flooring. Carpets are susceptible to harboring mold and allergens, which require professional cleaning. Also, carpets can date easily, with patterned and dark colored styles proving unpopular with tenants. Generally, neutral colors are the most appealing hue. Although stains can appear easily with visible signs of wear and tear that are costly to replace. For high-end rentals, we recommend investing in hardwood or any other type of luxurious, durable floor.
Bad smells will absolutely turn renters away from your property. Therefore, make sure your property is exceptionally clean. Have a professional come and do a deep clean. Including dry cleaning rugs, textiles, and bedding.
Provide adequate ventilation facilities in kitchen and bathroom areas. Keep on top of property maintenance by checking draining systems are in working order. This is one way to avoid bad odor. Lighter unwanted smells can be masked with fresh flowers, plants, scented candles, and aroma diffusers.
Cutting corners with the quality of your home decor will put tenants off and devalue your property. Telltale signs of a bad paint job are cracks, smudges and drip spots creating uneven surfaces. Well painted walls instantly freshen up interior space. Opt for lighter colors that will provide the illusion of space and cleanliness. We advise hiring a professional painter to select appropriate paint finishes for each room. Stick to one neutral color when painting walls, skirting areas and door frames. This is a tip to make rooms appear bigger.
Tenants look for well-kept properties that are spacious, bright and clean. Decluttering your property is an essential step to providing a light and airy living space.
Get rid of unused belongings, personal items, broken furniture, and mismatched homeware. Hide and disguise unsightly visible cords and cables. Ample storage solutions should be fitted in your property to keep the interior space and surfaces clutter-free. Open storage can look untidy. Opt for multitasking furniture pieces that have hidden storage space and floating shelving units with stylish storage containers.
Want your property to look bright and fresh? Avoid harsh or inadequate light sources that limit the range. A well-lit property is warm and welcoming. Make use of any natural light in your property keeping windows clean. Also, keep them framed with well-fitted ceiling-to-floor curtains or neutral blinds. Add multiple light sources in a combination of styles. Ceiling light fixtures work well to open up a room. They direct the attention upward. Task lighting is essential in the kitchen and study spaces for focused work. Floor lamps can brighten up dark corners. Dimmer switches can instantly change the mood of a room.
Furniture placed up against the walls of a property will not create extra space. Only if there is empty space in the middle of your rooms. This type of layout creates a formal setting more suited to a corporate office than a home. Pull pieces of furniture together away from wall space and corners in a conversational layout style. Mark out living areas in your property that won’t box tenants in. Make your living space breathable.
A timeless and classic look is ideal for any rental property. Simple styles and neutral colors are the most popular with tenants. You won’t have to worry that your property has become outdated. Fads and trends, certainly change quickly. Animal prints, stenciled or textured walls, and taxidermy pieces are all examples of decor and furnishing trends that will not appeal to the masses.
Fake foliage has a reputation of being tacky and prone to collecting dust. However, there are modern versions available. Obviously, though, fresh flowers are ideal. Although, they are harder to maintain. Living fresh flowers and plants improve the air quality in your property whilst also enhancing the decor. Bringing nature inside is a city dwellers trick. There are lots of display options available such as hanging plants and oversized glass bowls. Fresh flowers work well when used as a focal point in contemporary glass or ceramic vases.
Artwork that is not framed, displayed or hung well is an interior design faux-pas. Poorly framed art can detract from aesthetic value. For example, artwork carelessly attached to a wall unframed with blue tack or tape. Take care in the presentation of artwork. Use correctly sized, quality frames. Hanging art too high or too low is a common pitfall. Eye-level is the ideal height to hang interior artwork. Ensure there is even spacing around the wall.
A rental property lacking modern amenities will not appeal to tenants. Blueground properties offer the latest high-tech amenities for high-quality living experiences. Furthermore, having to replace or invest in new items will be a headache for professional renters who want full-equipped spaces. Consider working with Blueground, who will take care of all of your property management needs.