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http://americanbathind.com/ | Landlords can get a better return on their investment with a bathroom renovation than almost any other upgrade in their apartment complex. Shower kits are the ideal solution, allowing for quick, easy installation at incredibly affordable prices.
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Bathroom Renovation for Landlords
When managing larger properties, such as apartment complexes with 25 to 200 units, it
can be difficult to determine what renovation investments bring a measurable return and
which are useless in terms of profits. The most profitable investments are those in the
bathroom, as these are the areas where tenants most often look to make a determination
about living in an apartment. Clean, well-maintained bathrooms command a higher rent
and tenants are willing to submit larger security deposits for these.
Why Bathroom Renovations are So Important
There are several reasons why bathroom renovations offer the best possible return on
your investment. First, it makes the best first impression on shopping tenants. People
shopping for an apartment like to visualize themselves living there. Old, outdated shower
stalls are an immediate turnoff, especially if it looks dingy or dirty. Bathroom renovations
offer an 80 percent return on your investment in terms of higher rent payments.
Secondly, a newly remodeled bathroom discourages tenants attempting a DIY project,
which can result in disaster. When faced with inferior bathing conditions, tenants tend to
resort to painting bathtubs or hiring someone to renovate for them, and then trying to take
the cost of this work off of the rent payment. Or, tenants might try to negotiate a lower
rent based on the appearance of the bathroom. A nice, new bathroom takes this
temptation away so that you can command rent worthy of the unit and the tenant will not
try to fix it themselves.
How to Get the Best Return on a Bathroom Renovation Investment
The top priority should be the shower stalls. Installing shower kits in all of the units is an
inexpensive and easy alternative that allows you to update and renovate all of the
bathrooms in your complex quickly. When you purchase these kits from a mass supplier
like American Bath Enterprises, Inc. you can get the exact size and shape you need even
if the bathrooms in the complex are an odd size that requires a custom design.
After the shower stalls, the most important considerations are the flooring, toilet, vanity,
and bathroom wall. However, it is not necessary to replace each of these items for every
new tenant. When high-quality furnishings are purchased, these items should last years
before needing to be replaced.
What Not to Do During Renovations
Many landlords make the mistake of renovating the entire unit each time a tenant moves
out. This is rarely necessary. Each time the unit becomes open, check for wear and tear or
excessive staining. If none of these are present, the bathroom fixtures can stay in place
for the next renter. Avoid:
● Trendy styles that become outdated in a short time
● Highly personalized colors and styles that do not appeal to a mass audience
● Detail work that becomes easily damaged
Do focus on:
● High quality shower stall kits that will last for several lease agreements
● Basic, neutral colors that blend well with whatever decor the tenant would like to
use
● Durable fixtures that can withstand rigorous use
American Bath Enterprise, Inc. offers a wide selection of shower kits that are ideally
priced for apartment complexes. When standard sizes will not work in a particular
bathroom design, custom showers are also available. This allows landlords to save money
and complete a large number of installations quickly and easily.
Bio:
American Bath Enterprises, Inc. is a family owned company which has offered high-
quality bathroom fixtures and excellent customer service for over two decades. Serving
all of the United States and Canada, American Bath Enterprises offers low-maintenance
products and can supply custom fixtures if their standard sizes aren't suitable for your
needs.
Sources:
1. http://www.apartmenttherapy.com/investing-in-renovation-of-a-r-85063
2. http://www.landlordology.com/renovating-for-rental-income/
3. http://www.hgtv.com/topics/bathroom-makeover/index.html?layout=desktop
4. http://blog.landlordstation.com/average-cost-bathroom-renovation/
5. http://realestate.aol.com/blog/2010/08/19/smart-upgrades-landlords-should-consider/
6. http://www.propertyinvestmentproject.co.uk/blog/decoratingrenovation-tips-for-buy-
to-let-properties-landlords/