In this blog, you'll be able to find 6 large projects for your rental property. If you're looking for updates that will attract more tentants, keep on reading!
Project #1 Roofing
Depending of the type of roof, your roof could last anywhere from 20-50 years. Re roofing is a big project and can cost tens of thousands of dollars. If you’re interested in getting estimates, please let us know and we can send some trusted vendors to your property.
Project #2 HVAC System
Air conditioning systems can last 10-15 years, but should be regularly serviced. Tenants are instructed to change filters on a regular basis, but a more thorough service may be beneficial to you. Furnaces and heating systems can last 15-20 years. If you need to upgrade, there are new energy efficient options you can consider for your property.
Project #3 Windows
Aluminum windows are normally expected to last 15-20 years. New windows can help by reducing energy costs, attracting better tenants, and keeping your property secure. For a detailed estimate to replace windows, please contact us. This type of project can be done all at once or one window at a time.
Project #4 Water Heater
Normally water heaters will last about 10 years. If your water is nearing this age, expect it to go out soon. If a water heater begins to leak, it could cause a potential plumbing emergency which will cost extra. You may want to consider replacing your water heater before it completely goes out. Tankless water heaters are becoming more popular, but there are pros and cons to both types. Contact us if you want to discuss this project further.
Project #5 Flooring
Wood floors can last for decades. Tile floors can also last a very long time if they are treated well. Vinyl can last up to 30 years, linoleum up to 25 years, and laminate about 15-25 years. Carpets usually need to be replaced every 8 years if they’re treated well. If tenants damage flooring, they will be charged a prorated amount to replace it.
Project #6 Appliances
As an owner, you shouldn’t expect an appliance to last more than 15 years.
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