Depending on the time of year, backyards are wonderful places to spend time socializing, eating, or just reading a good book. When it comes time to rent a property, tenants can be overjoyed with an inviting backyard.
If the backyard of your rental property could use some sprucing up, then you will not want to dismiss this guide. We’ve got tips that can transform any backyard space into a key selling point.
1. Create a patio.
You don’t need to pour concrete or get fancy to do this. In fact, you don’t even have to spend a ton of money. By going to your local home improvement store, you will find steppers for around $1.00 each. These are typically a foot in length, two-inches thick, and are squared stepping stones that can easily be laid onto grass or concrete. Buy enough of them and, by placing them side-by-side, you can create an entire patio space for minimal cost.
2. Decorate the landscape
Use annuals to decorate the space. These low-cost, brightly colored flowers can either be planted or potted. And, since they are so cheap, you can buy a batch of them to allow your tenants to nuzzle in a cozy, floral oasis.
3. Furniture is a necessity.
Outdoor furniture can be incredibly expensive. And, since we are talking about your rental property here, you likely don’t want to go all out and buy some magnificent patio set. If you do, great – you will have one lucky tenant. Otherwise, opt for cheaper and more functional furniture. A bistro table and chairs, a built-in nook with cushiony pillows, etc.
4. Fix the ground.
If you have a beautiful green patch of grass, you are in luck. However, if you don’t consider fixing the ground. You can add some fertilizer and work to make your lawn green and plush. Or, you can decorate it with peddles and rocks or by building your patio in the worst area of the lawn.
Walking outdoors into the backyard should be a calming experience, not a stressful one. And, seeing an ill-proportioned lawn can send stress waves out immediately.
5. Lighting.
Your tenants are going to love your outdoor space – and they will want to use it both day and night. Therefore, you will want to make sure that you have some lighting out there for them to enjoy. Decorate the space with string lights, tiki torches, wall lanterns, etc. Soft lighting can provide the magic glow you are looking for.
If you aren’t sure just how you want to create the backyard space for your rental, take to the internet. There are so many sites – including Pinterest – that have great ideas do DIYers like yourself. After all, making your backyard is a step you want to take to ensure you entice your next tenants.
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Marina Shlomov, a managing partner at ALH|Podland Realty and Atlanta Rental Homes Property Management is the author of many articles on Landlording, Real Estate, Rental Property Management, Atlanta Property Management, and Real Estate Investing. A residential builder in the state of Georgia since 1999, Marina is an investor herself. Her Atlanta property management company is intended “For Investors” and “By Investors” for a simple reason – she knows what investors’ goals are and she works hard to reach their goals. In her spare time, Marina likes to spend time with her family, friends, garden, read and travel. Check her out at www.alhpodland.com. You can find Marina’s articles and comments at @rentalhomesatl on Twitter, on Facebook, Google+, Blogger. and YouTube,BiggerPockets and REI CLub and LinkedIn.
