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Affordable Ways to Boost Curb Appeal for Investment Properties

If you've recently purchased an investment property, you may be wondering what the best ways to improve its look are. While there are plenty of options out there, some tend to be more wallet-friendly than others. Construction by Kamron has compiled a list of tips and tricks that will help you get the most bang for your buck.

Protect Personal Assets with an LLC

Landlords, investment property, and Airbnb owners are sued on a routine basis. Because of this, establishing your business as a limited liability company is the first step to protecting yourself against any liabilities associated with owning rental properties. You also gain potential tax advantages, and an LLC structure offers flexibility in how you structure ownership, taxation, and regulations. Additionally, it can provide additional credibility for your company in the property investment market. If you have questions about how to start an Airbnb LLC, visit a formation company online. They can walk you through the process step by step, making things easy for you.

Rethink the Kitchen

Updating countertops is an easy way to make a big impact on the aesthetic of an investment property. Granite and quartz are popular options that are relatively inexpensive and add great value. They both come in a variety of colors and textures, so it is easy to find the right look for any space.

Be sure to add a high quality range hood, too. Even if it's an under the counter model, these units make a big difference in the quality of your kitchen. Without proper air ventilation, the kitchen will hold on to smoke, grease, and other cooking odors. 

Change Rugs or Polish Your Floors

New carpeting or floor refinishing can do wonders for a space. If the floors underneath existing carpeting are in good condition, then simply replacing the carpets can spruce up a room quickly and cost-effectively. Otherwise, refinishing floors can help give any rental space an updated look while adding value to your investment property.

Improve the Appliances

Installing newer appliances can be a great benefit for landlords when renting out properties. Not only are they more cost-effective in terms of repairs, but they also look better which can add to the appeal of the rental unit. Furthermore, newer appliances are more likely to last longer than their older counterparts, saving costs in repairs and maintenance over time.

Refinish The Exterior

Adding a fresh coat of paint to the outside of the home can be an effective way to improve its look and attract potential tenants. Choosing colors that create a visually appealing aesthetic and don't clash with nearby buildings is key to creating a positive curb appeal. Doing so will help increase interest in your properties and bring more people through your door.

Adding Smart Home Features

Adding smart home features to your investment property can significantly enhance its appeal and value in today's tech-savvy market. Before diving into upgrades, it's wise to consult a range of online resources for ideas, reviews, and practical tips. Websites and forums dedicated to smart home technology offer a wealth of information on the latest gadgets and systems, from energy-efficient smart thermostats to advanced security systems. By researching online, you can gain insights into which features offer the most convenience and appeal to potential renters or buyers, and which ones provide the best return on investment. Furthermore, online reviews and user experiences can guide you in choosing reliable, user-friendly technology, ensuring your investment property stands out in the competitive real estate market.

Repairs and Maintenance

Boosting the appeal of your investment properties doesn't have to break the bank, especially when you use smart tools to manage maintenance and repairs. With this home repair app, finding skilled contractors for all your handyman, home maintenance, and repair projects is straightforward and cost-effective. This app is a one-stop solution that enables you to easily locate experienced professionals in your area, manage projects from start to finish, and connect with experts for specialized advice. 

By streamlining the process of finding and managing contractors, the app not only saves you time but also helps ensure that you get quality work at competitive prices. The ability to handle everything right from the app – from hiring to project completion – simplifies the task of maintaining and improving the exterior of your properties, enhancing their curb appeal and value in an affordable and efficient way.

Expanding Your Business

If you're looking for a new property to flip, look online at home listings that are categorized as "fixer uppers." These will generally be listed at a lower price, but won't have the serious red flag issues that as-is properties have. If you choose wisely, you can get a serious return on your investment. It's also wise to assess local rental prices in the market as well, since those prices will ultimately determine a property's earning potential. An online search tool can make this easy, allowing you to filter for your area as well as for included amenities.

Marketing Your Properties  

To maximize your earnings, effective marketing of rental properties is key. Understanding how to make a flyer can significantly boost your promotional efforts. With the help of free online design tools, creating professional and appealing flyers for your rental properties becomes a seamless process. These tools offer a wide range of customization options, including a variety of design elements, fonts, and templates, allowing you to design a flyer that not only catches the eye but also represents the unique appeal of your property. Once you have crafted your perfect flyer, you have the flexibility to either post it on social media platforms to reach a wider digital audience or download and print it for local distribution.

Make Your Investments Pay Off

Making improvements to an investment property does not have to be expensive. Many cost-effective solutions are available which can add value and still make it look attractive. Before beginning work on the property, it is a good idea to set up a limited liability company and investigate online resources for smart home features. Other areas worth investing in include the repair and maintenance of the property. Taking these steps can help ensure valuable returns with your investment journey.

Construction by Kamron is a local small business doing our best to make your world better, everyone who works with us strives to be their best, are honest, trustworthy, and hardworking.  Estimates and consultations are always free; we work for you, just ask.