Are you searching for ways to increase the ROI from your Atlanta Rental Property?
The good news is that even though you may have made upgrades to your property in the past, there are always improvements that can be made to your rental property.
In this article we will break down some of the improvements that you should consider making to your ATL rental property that will also help to increase the ROI that you receive from your property on a monthly basis.
Upgrade Your Toilet And Bathtub
Has it been some time since you replaced the toilet in your rental property? Or possibly the bathtub? If you haven’t replaced these critical parts of your rental property before, now is the time to replace them especially since a leaky toilet or bathtub could cost property owner hundreds of dollars in additional repair costs per year.
Minimize The Landscaping
Another thing that you can do to improve your Atlanta rental property is to minimize landscaping. This means that if your rental property has a big front yard and backyard, you should consider eliminating most of the yard Space by either putting in drought tolerant plants, hardscape, or utilizing that extra space by creating more parking for your tenants, storage, dog run or an accessory dwelling unit.
Upgrade Appliances
Last of all, but most important, some of the other things that you can do to improve your rental property and increase your ROI include upgrading the thermostat to your HVAC system by putting in a smart thermostat. You should also consider replacing the refrigerator, stove and light bulbs in your rental property as well with smart LED light bulbs.
Using at least one of the tips in this article would potentially save you hundreds of dollars per year in maintenance costs while also helping to increase your rental property ROI.
Contact JD Homes
As a long time, Atlanta property manager, we know how difficult it can be to manage rental properties yourself, especially when it comes time to look for ways to increase your profits. The good news is that instead of having to do everything yourself, you can partner with our property management company and have confidence that we will take care of all your property management needs for you
For comprehensive Property Management Services, contact us today by calling (770) 506-2630 or click here to connect with us online.
