Do you want to increase the value of your rental properties without spending too much money on upgrades? If so, you want to look into do-it-yourself upgrades that will not set you back an arm and a leg. Believe it or not there are many things you can do on your own no matter how handy you are.
Here are three simple do-it-yourself upgrades that you will want to consider:
1. Landscaping. If you know how to dig a hole you can fix up the outside of any property. All it takes it a bit of sweat equity and you will be well on your way to increasing the curb appeal of your rental property.
2. Flooring. This is one of the simplest do-it-yourself upgrades. No matter if you want to add laminate flooring, carpet, or tile, this is something you can do on your own. You may not have a lot of experience, but once you do some research you will better understand how to upgrade your flooring.
3. Paint. By painting a home you can do a lot for the way it looks. Are those white walls looking drab? Are those cracks in the ceiling scaring people away? You can quickly and efficiently update any home with the proper paint scheme. This is one of the cheapest do-it-yourself upgrades around.
Just because you want to increase the value of a rental property does not mean that you have to hire a professional and/or spend tons of money. Instead, you should consider the improvements that you can make on your own. The three above are a great place to start!