Renting a beach house can be a very lucrative business when done properly. People often think that having a beach rental is enough by itself to bring you profit. However, if you are an owner of such a place you know how far from the truth that can be. Renting is a serious business and it takes a lot of time, effort and money to be a successful one. If you possess a Miami Beach rental, here are some tips and tricks to help you remodel it on a budget.
Set a budget and make a list of projects
Whenever you are doing a renovation or remodeling, your step number one should be determining the budget. You can easily get lost in the fantasy world and spend a fortune on remodeling that does not add up to the value of your property. That is why it is important to be realistic and make a thorough analysis of what should be done. You need to know the difference between repairs and improvements. The first ones you just have to do, and only after that part is finished should you concentrate on the improvements. There is one more reason why repairs should be your priority (over improvements) and it is called tax deduction.
Before you start remodeling you should declutter the place. Visit purpleheartmovinggroup.com to check when they are available to transport your old furniture to storage or wherever you want. Now, let’s get back to the list of projects! Mark the activities that you can do by yourself (or with the help of a friend). DIY is the best method for renovating and remodeling on a budget. However, it is not the smartest option for every repair that needs to be done. For instance, you can repaint your walls and cabinets, but plumbing and electrical fixes should be left to the professionals.
The kitchen can be costly to renovate. So, if you need to do it on a budget, you must choose carefully what to focus on. Your guests are probably not going to spend hours in the kitchen cooking, it is just not a part of Miami lifestyle. That is why you do not have to spend a load of money on buying cutting edge kitchen appliances. Everything should be functional and appealing to the eye, but you do not need the latest model of stainless steel fridge or marble countertops. If you plan to replace two or more appliances, you should opt for one store and try to negotiate the better price since you are buying in a bulk. Minor upgrades that are budget-friendly include:
- repainting the cabinets in your Miami Beach rental
- changing the hinges
- replacing the handles
- adding a nice backsplash
Remodeling bathroom(s) in your Miami Beach rental
This can also be quite expensive. First, you should repair everything that is not working properly and after that, you can concentrate on improvements. Cleanliness of a bathroom is the first thing that your guests or tenants notice. So, the hygiene of the bathroom should be your priority! That is why it is important to maintain it properly. If you are changing the tiles, make sure that you choose bright colors that look clean. And change caulking regularly.
According to some researches adding a washer/dryer improves your guests’ impression of your place too (especially if they are staying with children). It makes your rental house feel like home to them.
It is all about comfort in bedrooms
If you have to remodel your rental’s bedroom and do it on a budget, you should concentrate on coziness. Matresses just have to be comfortable, so you have to invest in those if your old ones are springy, bumpy or too dirty. Replace the pillows and get some new crisp bedding. In addition, you can buy some new fluffy towels because they can leave a better impression on your guests. Consider new curtains and repair the shutters or blinds if they are broken. Investing in lighting doesn’t have to drain your budget, and it can make a huge difference to the appearance of any room. If you decide to replace or remove the bed or an old chest of drawers, you can contact Miami Beach moving team that is ready to help.
Making your rental’s living room more appealing
Whenever you are not sure about what your priorities should be when it comes to remodeling, you should try thinking like a guest. Guests often do not care about some luxurious features, so there is no need to go overboard with renovations. All that they want on a vacation is to relax. So, they need a comfortable living room where they can spend time with their friends, family members or a significant other. If your couch or sofa is in good condition, maybe you should get some new throws and cushions to refresh its appearance. A fresh coat of paint is always appreciated and painting is a job that you can do by yourself or with the help of a friend. Hiring professionals can be quite costly, so that is where you can save some money. Choose light, beachy colors for the walls and maybe some bolder ones (turquoise or pink) for details around the room, such as photo frames or vases. Even such small improvements can be enough to turn your rental into Miami dreamhouse.
Improve the curb appeal of your Miami beach rental
The guests who are staying in your Miami Beach rental will surely spend a lot of time outdoors. So, you should try and make the outdoors of your house look nice and pleasant. Professional landscaping can be very expensive but maintenance is something that you can do. If your house has a nice view of the beach, make sure that nothing is blocking it. Adding a fenced-in yard for pets is a great idea if your rental is pet-friendly. For a relaxing vacation experience, you can invest in outdoor eating space. Gas grill and patio cooler would be great tenant-friendly upgrades, even though not the most economical ones.