St. Charles, MO (PRWEB) January 24, 2013
REI Liaison Property Management has some great ideas to help investment property owners maximize their return on investment. When you make the decision to have an investment property, it's recommended to take the time upfront to make it as damage proof as possible. This way you're not spending thousands of dollars rehabbing the home after every tenant.
Get rid of the carpets. Estimates show that carpets last only three years before they need costly and time-consuming steam cleaning. Tile, vinyl, or laminate flooring are easier to clean and show less damage, and they’re not much more expensive than carpet when you take the frequency of replacement and cleaning into account.
Remove luxury, non-essential items and systems. Examples include water softeners, humidity systems, reverse osmosis systems, security systems, and swing sets. These items are often costly to maintain, repair, and replace. Save yourself the hassle!
Keep the landscaping simple and maintainable. Plant native, drought-resistant plants and grasses that require little water and are slow growing.You can also install a simple irrigation system in order to keep the plants watered without having to rely on your tenants.
Paint walls with satin or semi-gloss paint and stick to one or two colors throughout the home.This type of paint is more durable and easier to clean.
Install door stops and closet door bumpers. These will go a long way to reduce dings and dents on the walls.
Create a mudroom or changing area near exits to the outside. Have a space where people can remove and store dirty or wet clothing and shoes before entering the home.
As a rental property owner, you want to maximize your income. Which can mean spending a little more upfront, such as tile or paint, in order to avoid more costly repairs down the road.
About REI Liaison Property Management
We at REI Liaison are a full service residential Property Management and Leasing company. Our services are tailored to suit your needs. We have nine years of experience working in the industry which is why we have become the company of choice for our valued customers. We offer a range of solutions for our customers to choose from. Our staff of skilled professionals works with owners to ensure that they minimize risks and maximum return on investment.
View our website at http://www.reiliaison.com