TAA Education Conference & Lone Star Expo
Keeping Up with the Competition: Minor Property Improvement Projects with Major Returns
Friday, April 27
3:00 PM - 3:20 PM
Regional Sales Manager, Property Improvement
The multifamily property market is dynamic with a number of variables that can impact asking rents. Some of the more prominent factors include property age, location, tenant profile, and competitive landscape.
Keeping your property competitive and in demand is imperative to increase occupancy rates and rents, but it does not require a major renovation overhaul. Minor upgrades can be sizeable ROI winners.
Consider projects as simple as:
• Updating lighting with LED bulbs and fixtures
• Modernizing units with custom cut cordless blinds
• Replacing faucets and toilets with water conserving plumbing products