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Outlets, Lighting, and Smart Locks: 3 Easy Updates for Your Rental

Hillsboro Landlord Installing New Lighting A vital part of keeping your Hillsboro rental property profitable in the long term is making frequent updates. You can and should be doing things to modernize your rental each year, especially if your rental house is older, to guarantee that you can maximize your rental rate. The good news is that there are a number of inexpensive updates you can do to make it look and feel more modern without spending a lot of money. For example, simply upgrading your outlets, light fixtures, and locks can greatly increase your property’s value, boost attractiveness and guarantee that you are keeping pace with other rentals in your market. In this post, we will bring up why these three upgrades are essential for all rental property owners.

Outlets

One aspect that can make a property look and feel untidy and old is yellowed or outdated electrical outlets. Damaged or mismatched electrical plates are an eyesore, but the outlets themselves can also become a big turnoff for potential tenants. This is particularly relevant today since so many people rely on multiple electronic devices, like smartphones and computers, to manage day-to-day life. Merely replacing some of your old outlets with new versions that include USB ports can have a massive effect on your renters. Furthermore, upgrading your outlets is commonly a fast and simple job that you or an electrician can do in a short amount of time.

Lighting

Lighting is another essential thing to keep on your upgrade list. Just like with electrical outlets, inferior, defective, or outdated light fixtures can disrupt an otherwise clean and tidy interior. Modernizing your light fixtures or replacing older style light bulbs with LED bulbs can make a great difference. The latest light fixtures will make your interiors brighter and look modern and fresh. Also, it’s often possible to find new light fixtures for a reasonable price, and replacing them is another small job you or your electrician can easily handle. Indeed, with the right lights and a little work, you could give your rental’s kitchen or other rooms a custom feel your tenants will enjoy.

Smart Locks

In the end, a last smart upgrade with a low budget is to replace your standard deadbolt or other door locks with a smart lock system. A smart lock is just what the name implies: a Wi-Fi or Bluetooth-enabled door lock that you can control from a smartphone or other device. Smart locks are an excellent choice to upgrade your rental property’s security without going all out on a full security system.

Not only can your tenants lock and unlock their door without the need for a key, but most smart locks will also allow them to see data about who is going in and out of the property and when. Smart locks are also beneficial for property owners since they allow you to set temporary access codes and then change them when needed, like if a handyman wanted access to the property to perform some repairs or between tenants. In addition, you don’t have to worry about your tenants keeping extra copies of their keys when they move out.

 

Do you want to find out more low-budget ways to upgrade your rental property and increase your rental income? Give Real Property Management Assurance a call! Our local Hillsboro property management experts can help you maximize your cash flows while helping you grow your property’s value. Contact us online today!

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