Let’s Discuss Keeping Rentals Looking Shipshape

Greetings, dear readers!

First things first, grab your favourite brew, settle into your comfiest chair, and let’s delve into a topic that’s close to the heart of many a landlord: the art and science of keeping rental properties looking their absolute best. As stewards of these spaces, we’re always walking a tightrope. On one side, there’s the need to ensure our properties remain in pristine condition, and on the other, there’s the ever-present concern about return on investment (ROI).

I recently had the pleasure of reading an enlightening article from Simply Business, which tackled a question that’s been the subject of many a debate amongst landlords: Just how often should one redecorate a rental property? Let’s break down some of the key takeaways:

Frequency
The consensus seems to be that every three to five years is the ideal interval for a fresh coat of paint. However, this isn’t a one-size-fits-all answer. The specific needs of a property can vary greatly based on factors like its age, location, and the kind of tenants it attracts. For instance, a city-centre flat that’s frequently rented by young professionals might see more wear and tear than a suburban family home.

Consider the Tenants
This is a point that can’t be stressed enough. If you’ve got long-term tenants, it’s worth considering their comfort and happiness. A periodic decor update not only shows that you care about the state of the property but also that you value them as tenants. This small gesture could be the very thing that encourages them to renew their lease, ensuring a steady income stream for you.

Durable Paint
While it might be tempting to skimp on costs and opt for cheaper paint, this could end up being a false economy. High-quality, durable paint, though pricier initially, can stand the test of time. This means fewer touch-ups, less frequent redecorations, and ultimately, savings in the long run.

For those keen on diving deeper into this topic, you can find the full article here.

Now, let’s turn the spotlight onto you, dear reader. How often do you find yourself giving your rental properties a makeover? And in your experience, what decorating tips or tricks have proven invaluable?

🎨 How Often Do You Redecorate Your Rental?

□ Every 2-3 years

□ Every 4-5 years

□ Only when there’s a change in tenancy

□ Other (please specify)

Do click the button below for your choice, and let’s see where the majority of us stand.

I’m genuinely curious to see where the majority of us land on this spectrum. So, do take a moment to share your thoughts.

In closing, here’s to properties that don’t just look the part but truly embody the essence of a well-maintained and cherished space. Wishing you a splendid week ahead!