Budget-friendly tips on furnishing your rental property
From restoring furniture to building it yourself from scratch, there is no end to the things you can do to create your own furniture. Reupholstering dining room chairs and repainting tables can really add to the quality of your property. It may even be less time-consuming than waiting for a new table to be manufactured and delivered, so there's no reason not to. And while it may take more effort, restoring your own furniture is rewarding and kinder to the environment.
Facebook is full of great furniture available for free or at a very affordable price. Charity shops, antique stores or Gumtree will have what you are looking for. You could make some great finds and add real character to your property. Weathered and rustic furniture is on trend, and in modern settings, it works wonderfully to add a sense of quality and personality that’s universal in its appeal.
The impact that finer details can create is uncanny. The cracked tile that drags down a nice bathroom. Decent towel racks or some shelving in the kitchen, bathroom, or bedrooms create the opportunity to add more personality with flowers, pictures, candles, or collectables. Updated, energy-efficient appliances can breathe new life into a kitchen and make it more appealing to tenants.
Consider finance options
If you insist on buying new, timing can be key to getting a good bargain. January sales or end-of-line special offers can save thousands. There is also the option of 0% financing, so whether you are letting or renting your property, you can pay for your furniture over time, alleviating larger financial burdens.
Plants and pictures
Plants add so much vibrancy to any property, but if you are letting a property, you can't exactly fill it with high-maintenance plants. Opt for a few dried flowers and plants here and there that do not need much TLC can add a homely touch. The same goes for prints or pictures. Your tenant will have their own tastes, but you could get the ball rolling with something small.
Lighting and mirrors
Mirrors and good lighting will instantly make your property more appealing because it will look bigger and feel more modern. LED lighting will keep tenants happy by being more energy-efficient and will keep your tenants happy. Mirrors are not expensive and can magically transform a small room into a large room.
The first rule to remember is that there are no rules. Furnish your property using a blend of methods, from sourcing online, restoring to buying new. Do it your own way; use your contacts and creativity to make your property as appealing as possible.