Not all tenants are created equal. That's why choosing the best flooring for your rental property is essential to saving money and time from replacing floors.
Those that have been in the rental property game will tell you that tenants come in all different shapes, sizes, and levels of modesty. Because of that, things such as the flooring on your property become a huge decision to make. There are several things to consider when picking the flooring that you'll use in the house, condo, townhome, etc.
Here's how to determine the best flooring for rental property based on your specific situation. Consider these in your floor hunting search.
1. Neutral Colors Are the Way to Go
Many property owners make the mistake of taking too much pride in the design and layout of the place that they'll be renting out.
Remember, at the end of the day, you won't be the one living in it. This is a business endeavor for you. Investing in property to a) make a profit and b) give someone a place they can call home. Because you aren't going to be living in it, it doesn't need to appeal to your sense of taste in design. At least, not 100-percent. While you should aim to make the interior design comfy and original, your future tenants will want a relatively neutral-colored canvas.
For that reason, you should get with a trusted flooring company and go over options for materials and colors that appeal to the masses.
2. Easy Installation Is a Must
While flooring is an important piece to the puzzle in renovating your property, there are several other things that you as a landlord need to focus on.
Because of that, you'll want to work with a professional flooring supplier that prioritizes high-quality customer service and is ready to install the flooring you choose, quickly.
3. The More Durable, the Better
As previously mentioned, your tenants may not be the most careful or well-kept people with their living situation.
More than that, accidents happen. There are several instances where a game of fetch with the dog turns into a torn piece of carpet. You want to choose a flooring option that's ready to take on the hustle and bustle of an entire family's life. That means kids running around, furniture being moved, things being spilled on it, and the list goes on.
There's a healthy balance between finding flooring that is appealing to your future tenants but also has the durability to stay in good condition for years to come.
4. Choose Flooring That Will Be Safe
Being the landlord, you need to think of ways to protect your tenants from future injuries. If something like the flooring is at fault for the tenant tripping, slipping, or falling, you could be liable for their injuries.
Consider all of the positives and negatives of each flooring material that you're considering. Yes, you love the idea of wood flooring, but it might become slippery if someone were to walk over a wet spot after a day at the pool.
Be sure to ask your flooring supplier what their thoughts are on each option that you're considering installing. Have they heard of any accidents from the material you're thinking of buying? It never hurts to ask!
5. Find Flooring That's Cost-Efficient
As a landlord, this is a business decision for you. As such, you'll want to save as much money as you possibly can in the process.
If there are two high-quality flooring options and one is significantly less expensive than the other, perhaps that's the one that you should choose. Effective budgeting may allow you to renovate more rooms in your living space than you originally thought possible.
6. Consider Each Room's Purpose
Still not sure where to draw the line between the vinyl flooring you've picked out? Not sure where it should end?
Keep in mind that certain areas of the house require certain flooring material for humidity and moisture purposes. For example, your bathrooms will be high moisture areas, so you'll want to consider tile flooring for those areas. The same thing goes for basements (if your property has one).
Another area of the property that you'll want to be prepared with moisture-ready material is the entryways to the house. People will be coming in from the snow, rain and mud, bringing in excess water or dirt on their shoes.
Use These Tips to Find the Best Flooring for Rental Property Ownership!
Now that you've seen how to find the best flooring for rental property ownership, it's time to get down to the nitty-gritty.
Be sure to check out this page of reviews to see why National Floors Direct is so highly regarded.
For more inquiries, please feel free to begin by receiving a free estimate and we'll be happy to assist you further.