That's a good idea!!

74 Great Ideas to Improve your Rental Property

Looking for some simple and inexpensive ways to improve your rental property and make it more attractive to tenants? Here’s some inspiration for you, and many of these ideas have been recommended to our Client Owners with great success.

  1. Detach the auto timer alarm on the oven – tenants sometimes report the stove faulty when the timer goes off, or the oven won’t work
  2. Trim back bushes and trees for better access and give better sunlight
  3. Line cupboards, shelves and the bottom of drawers with lino off-cuts
  4. Rub around doors, drawers and cupboard doors with a white candle to stop them sticking
  5. Change the battery in existing smoke alarms every time the clocks change – it is estimated that 60% of home smoke detectors in use do not work either because they don’t have a battery in them, or the battery is flat
  6. Buy a small flashing LED light unit from the $2 shop – great for making the house look like it has a burglar alarm system
  7. Fit door stops on all internal doors to prevent damage and save you $$$heaps in repair bills
  8. Put new element foil liners in your electric stove top and oven to make your stove look smarter
  9. Oil all door hinges with light oil or WD40
  10. Fit a smoke alarm above the door inside each bedroom – NOT in the kitchen!
  11. Fit an outflow into the drain for the washing machine – saves any damage from overflowing
  12. Check taps for drips and stiffness – change washers and re-seat taps
  13. Make all power outlets doubles and ensure there are plenty of them
  14. Hang a new shower curtain and rail
  15. Fit a new toilet seat, toilet roll holder, toilet brush
  16. Fit a fire extinguisher in the kitchen
  17. Lock outhouses and sheds with a strong padlock from a Locksmith, not a cheap little padlock from the hardware store
  18. Replace the stove with a reconditioned one
  19. Provide a plastic bucket, mop, sponge, cloth, cleaning products, gloves – lets the tenant know you like the place to be kept clean
  20. Fit deadlocks to all outside doors
  21. Fit sensor lights outside the front door / on the pathway
  22. Paint the interior walls and ceilings – any colour you like as long as it is white – avoid wallpaper!
  23. Put automatic lights inside all the cupboards so they come on when you open the door
  24. Fit an extractor fan in kitchen (ensure it vents outside!)
  25. Keep it clean – wash outside of building and get paths water blasted
  26. Re-fit the kitchen – you don’t need a whole new kitchen. New benchtops and repainted unit doors/drawers with new handles works wonders
  27. Make sure all windows and doors close properly and securely – fit insulation foam around frames
  28. Fit a phone jack point in every room
  29. Provide whiteware – fridge, freezer, washing machine, drier, microwave
  30. Fit a dishwasher in the kitchen
  31. Replace all the light switches and lampshades
  32. Provide a dehumidifier
  33. Provide some heating – heat pump, flat panel wall heater (avoid CNG gas bottle heater!)
  34. Replace all light bulbs with 100 watt bulbs – makes the place seem brighter and bigger
  35. Insulate the property with batts and/or underfloor poly insulation
  36. Get proper insurance cover that includes a Landlord’s Extension – talk to your broker
  37. Build a carport – quick, cheap and simple way to make the property more attractive to tenants AND add capital value
  38. Build a new fence. Offers security and privacy, and looks good. Also check to see if your neighbours would like to pay half of the bill
  39. Paint the outside of the property
  40. Fit an extractor fan in bathroom
  41. Wash all the walls and ceilings
  42. Fit a new letterbox
  43. Steam clean the carpets
  44. Fit new curtains
  45. Have the lawns and garden maintained and add the cost to the rent
  46. Fit a burglar alarm
  47. Have the existing (old and rippled) carpet stretched and re-edged
  48. Renovate the bathroom
  49. Offer your property inclusive of power, and add the cost to the rent
  50. Fit an outside light by the front or back door, or on the path, or by the garage/car deck
  51. Replace the front door
  52. Change all the internal doorknobs
  53. Water blast the outside of the building, including the roof, and the path / steps / decks
  54. Install a range hood over the stove
  55. Put a new doormat at the front door
  56. Change deadlock barrels and keys with each new tenancy
  57. Send each tenant a bottle of wine and a card at Christmas to say thanks for being great tenants
  58. Use carpet off-cuts in hallways and entrances to protect carpet from wear and staining
  59. Arrange for the lawns and garden to be maintained by a contractor
  60. Have the windows washed monthly and include it in the rent
  61. Fit a large screen TV in the livingroom for the tenant’s use
  62. Fit an alarm system – $500 to $1500
  63. Get your property Monitored – $25 to $35 per month
  64. Alarm Response – $25 to $40 per callout
  65. Install plenty of Smoke Alarms
  66. Fit keyed window locks
  67. Fit window stays to all ground floor opening windows
  68. Deadlocks on doors and ranchsliders
  69. Exterior security lights with motion sensors
  70. Quality padlocks on sheds, basements, garages and lockups
  71. Replace louvred glass window slats
  72. Get friendly with the neighbours
  73. Join (or form) a local Neighbourhood Watch group
  74. Sign up to neighbourly.co.nz
  75. ???

If you have any clever, smart or just downright brilliant ideas that you’re prepared to share, then send us YOUR great idea to include in this list. The best idea each month wins a copy of Dolf de Roos’ book “101 Ideas for your Rental Property” worth $30.

 

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