Mulching Your Rental Property: 5 Benefits
Maintaining a rental property is a full-time job that requires a lot of attention, consideration, and hard work. Besides screening tenants, making repairs, doing routine inspections, and collecting rent, you also need to maintain the landscaping to maintain your property’s value and attract tenants. Mulch is an effective way to keep your property looking tidy, clean, and welcoming without a major investment. Here are 5 reasons to use mulch for your rental properties.
#1. Mulch is a landscape solution that is affordable.
There’s no need to invest a lot of money in landscaping for a rental property; it isn’t going to get you a big return and tenants are likely to neglect landscaping. Mulch is one of the most affordable landscaping solutions to give your rental property a clean, well-maintained exterior without the big investment. Mulch is long-lasting and attractive and it can be used in flower beds, muddy areas, around trees, and more. Mulch offers a great return on investment by boosting the appearance and value of your rental property without high labor costs or time. Mulch can be installed either by hand our by using advanced blower truck to provide minimal disruption at the property, giving you instant results. Particularly beneficial when you manage multiple rental properties or own multi-family properties.
#2. Maintains a sleek and attractive exterior
You can imagine the difficulty of attracting tenants when your property looks barren and abandoned from the outside. Tenants want to rent a home and basic landscaping in the form of bright mulch can make an empty property seem clean and welcoming. In addition to attracting new tenants with a bright exterior, boosting the property’s curb appeal can also help with an appraisal if you later decide to do a cash out refinance on the property.
#3. Helps Maintain Your Rent Prices
Mulch is a cost-effective way to add value to your rental property and secure higher rent prices as long as you don’t go overboard. Mulch and low cost, low care plants like evergreens and native plants go a long way toward making the rental property more attractive to secure higher rent. By investing just a few hundred dollars in bushes and mulch, you may secure an extra $50 per month in rent as well as higher-quality tenants who are more likely to stay. Curb appeal sells and you want to attract the type of tenants who care about how the building or home looks.
#4. It’s Easy to Tenants to Maintain
Unfortunately, you can’t count on tenants to water any plants you install on the property, even when supplied with a garden hose and instructions. Tenants simply aren’t invested in the property like you are and most will walk past the landscaping every day without a second thought, even as it begins to die. Colored bulk mulch can be added to give flowerbeds and other areas of the property a pop of color without worrying about tenant maintenance.
#5. Mulch reduces the risk of costly problems
Over time, mulch can prevent costly problems such as root rot and plant diseases. Mulch isn’t just about keeping your property looking its best; it also offers benefits for the landlord and tenant. Some types of mulch like cedar chips help repel or inhibit insects lie cockroaches, termites, and some types of ants. Tenants can appreciate this benefit but landlords may avoid costly pest control solutions. Mulch also reduces soil erosion and it retains water to help plants thrive with fewer waterings. This means the basic landscaping you have invested in is more likely to survive some neglect from tenants, a common problem with rental properties.
Categories: Mulch Benefits, Mulch Delivery, Mulch Installation | Tags: Mulch Benefits, Mulch Delivery, Mulch Installation, Rental Property