5 Rental Property Maintenance Hacks to Save You Time & Money

Rental property maintenance is an essential part of real estate investing. Improving and maintaining the value of your properties is pivotal to portfolio success. But property maintenance isn’t always easy - especially considering all the time and budget needed for upkeep. But there are some property maintenance hacks that veteran investors will tell you are game-changing. Keep reading to learn a few of these rental property maintenance tricks to keep your property in great shape as well as save you money and time.

1. Use the Same Neutral Paint Colors Everywhere

While you might be tempted to get creative with your rental property decorating, it’s wiser to stick with the basics. Choose neutral paint colors from brands that are readily available. And use those neutral colors throughout your portfolio of properties, keeping the paint color numbers handy for easy replacement. Paint touch-ups are easier and more cost-effective when you have only one color to manage.

2. Leverage Bulk Pricing on Property Aesthetics

Always be on the lookout for box store deals and bulk pricing sales on small property upgrade items that have a big impact. For example, you might be able to upgrade lighting or ceiling fans. Look, too, for end-of-season discounts on paving stones or landscaping elements to boost curb appeal. Find the deals and make smarter bulk purchases that allow you to make upgrades ongoing without breaking the bank.

3. Swap Out Fixtures and Hardware

Instead of costly kitchen or bathroom remodels, give these spaces a whole new look with a few modern fixture upgrades. Cabinet handles, door knobs, new outlet covers, and fresh LED bulbs can really improve the look and feel of a space. Sometimes, shiny new finishing touches are all you need to make a great tenant first impression.

4. Rental Turnover Cleaning Hacks

Bringing in a professional cleaning service to turnover each property can become costly. But you might be able to spruce up a rental on your own with these tips and cleaning hacks.

• Use vinegar, baking soda, and lemon to degrease stoves and kitchens.
• Use vinegar and lemon to dissolve any hard water buildup on faucets.
• Use grapefruit and salt as a tub sponge for a good-as-new look.
• Use the Mr. Clean Magic Eraser to polish mirrors.
• Use dryer sheets for dusting baseboards and fan blades.
• Use tongs to clean mini blinds.

5. Find and Negotiate Great Contractor Deals

You might be overspending on maintenance because you don’t have the best-fit contractors in your corner. Find quality contractors who are willing to negotiate and develop long-term partnerships with you. Because you’ll have ongoing work for them, they’ll be more likely to reduce some of their costs for maintenance and repair calls. 

Let PMI JCM Realty Group Handle Your Property Maintenance

Take advantage of some of these rental property maintenance tips and tricks to save time and money. Or you could just let our team of professional property managers take charge of your maintenance to-do lists for you! Contact us today!

For insights to boost your vendor relationships, portfolio performance, or bottom-line ROI, consider signing up for our free webinar: How to Streamline Your Rental Portfolio for Maximum Growth! Rental property investors will always find something innovative worth applying.

Moreover, you can get answers when you connect with us on social media as well! Share your concerns and participate in our Facebook Group discussions, which are great for discovering answers to the most pressing rental management investment questions. Join the insightful conversations and collaborate with top property managers! 

Reach out to other property owners interested in achieving similar rental property portfolio ROI goals and learn about more effective management strategies. And should you require a more detailed or tailored solution, hop online and schedule a meeting on my calendar!