A house generally provides a place to live, while it can also be a smart investment for the future.
Many people are currently renting out houses because of the steady income. At the same time, due to rising incomes, renters now want homes with luxurious features inside and out. So investing in your rental property will increase your income. It doesn’t mean that you have to do a major renovation or remodeling of your rental home. With strategic updates, you can significantly improve the appeal of your property at a low cost. This will help you increase your rental income. Painting: Painting your property is one of the easiest and most impactful ways to make it feel brand new.

Neutral and modern colors like white, gray or pastel, for example, not only attract viewers, but also make the space look brighter and more spacious. So choosing the right colors and painting it will make your home look attractive at a low cost. If you get a salary of Rs. 1.50 lakh on the 1st, you will get it! But this is not enough.. Bengaluru youth is sad! Cleanliness: Renters expect the house and its surroundings to be clean.

So, from removing the dirt accumulated over the years on the tiles to restoring the shine of the kitchen sinks and bathroom fixtures, a deep cleaning will improve the overall look and hygiene of your place. If you find it difficult to do these tasks, don’t worry, there are many companies online that offer low-cost house cleaning services. Just book them and they will come and clean and leave. Curtains: Curtains are often overlooked, but they can dramatically change the atmosphere of a room. Changing high-quality, elegant curtains in colors that match your walls will elevate the look of your home’s interiors. Wall panels: Wall panel coatings can be used to prevent damage around the high-traffic areas of your home. Wall panels are also an affordable way to add texture and sophistication to your home’s interior.

Also, improving your rental property with better lighting and well-maintained windows and doors can make a significant difference. Warren Buffett considering selling his company.. Is the US real estate market at risk? Kitchen: Usually, people who rent a house will look at how the kitchen looks. A few affordable upgrades can increase the appeal of the kitchen. Even modernizing old plumbing or adding a stylish backsplash can enhance the look of the space without much investment. Making such cost-effective improvements can make your home visually appealing.

You can do all or just a few of the above improvements. This will cost you around Rs. 30,000. However, it gives you the opportunity to earn over Rs. 5,000 extra in rent, which is Rs. 60,000 per year.