Which updates should you make to your rental property in 2020?

Are you planning on updating your Central Valley rental property in 2020? If so, you’ve come to the right place!

Even though 2020 has been a tough year for the California rental market, the reality is that landlords are still interested in doing what they can to improve and update the rental properties even during the pandemic.

In this article, we’ll provide you with a shortlist of cost-effective updates that you should consider making sure your rental property in 2020

Update the flooring in your rental property

One of the first things that you should do to update your property is to update the flooring.

This is important because the simple fact that it doesn’t matter if your rental home has carpet, tile, or linoleum; flooring is responsible for breeding bacteria and potentially spreading the virus so it’s best to replace flooring especially if it’s more than 5 years old.

Ideally, it’s best to stick with a low-cost flooring like linoleum since linoleum flooring, or vinyl, is much more cost-effective to install than tile or wood flooring and it’s often easier to maintain.

Update the kitchen and bathrooms in your rental property

After updating the flooring in your rental property, the next thing that you should do is update the kitchens and bathrooms.

Since everyone spends the most time in either the kitchen or the bathrooms in a home, it makes sense to spend money on improving these rooms as soon as you possibly can.

If you’re on a budget, you should focus on refacing existing cabinetry, repainting, and changing cabinet hardware instead of opting for a complete gut job of each room in your rental property.

Replace appliances

Last of all, but most important, another helpful thing that you can do to update your Central Valley rental property in 2020 is to replace old appliances.

Consider replacing your rental properties oven, dishwasher, refrigerator, and potentially the washer and dryer with smart appliances.

Besides helping to increase the value of your rental home, smart appliances also attract tenants because everyone has a smartphone in 2020 and most people would prefer to have the ability to manage their appliances from their smartphones.

Contact RPM Central Valley

For more tips on how you can improve your rental property in 2020, or speak with us about our Property Management Services, contact us today by clicking here or calling us today.