The Importance Of Paint Color In Your Investment Property

May 16, 2019

The Importance Of Paint Color In Your Investment Property

When it comes to investment properties painting can be a great and easy way to give any room in your investment property a new look! At ACCL Property management we understand the importance of paint colors for tenants and what color is a great investment for landlords. Below we will go over the steps you should consider when picking a new paint color for your property.


Which paint color should you choose?

Color plays a big role in getting prospective renters to notice your property. It can attract people to your home or drive them away. Since paint comes in various types of colors, textures, sheens, and oils, you can see why the decision might be a hard one to make. Whether you choose to paint your rental unit yourself or hire a professional property management company for the job! The right paint color is critical for getting your property rented.



The property managers at ACCL Property Management, recommend keeping paint colors neutral. Shades of cream, gray, and beige always tend to work great in every house. By limiting colors that have dramatically dark or bright hues will help not scare off potential renters. Although most property management companies will tell you to just paint all the walls in your rental property white, the reality is that you can make your rental more inviting by painting the walls different colors. Using primary colors or picking two shades in various styles of brightness is a great way to make a palette look more complex, giving your home a brighter and cleaner appearance.


Selecting the right color:

Turning to the color wheel to make any paint decisions is great rule of thumb. Remember paint colors can change the appearance of any room and with a little planning you can achieve the feel or look you are looking for. Primary colors (red, blue, and yellow) when combined will give you secondary colors (green, orange, purple). Colors like purple and blue that are analogous to each other will allow one color to stand out more. Complementary colors meaning colors that are opposite to each other on the color wheel such as red and green will give a color pop! If you are looking for a more soothing subtle look you should stick to one color shade for example the same shade of blue. If you have a small room and want it to appear larger the colors blue, purple, and greens will do the trick. Cool colors like orange, red, and yellow will give you a more vibrant appearance.


Remember the reality is, tenants won’t be bothered with painting your rental unit themselves due to added expenses and the work involved especially tenants that only plan on renting for about one to two years. Selecting the right paint color can be critical for tenant turnover. If you have walls that are vibrant orange or painted to dark your rental property will stay on the market longer then if you had neutral color walls.


GET YOUR RENTAL PROPERTY OFF THE MARKET TODAY! 

Are you struggling with choosing wall colors for your rental property?


Get the right advice and professional help from the ACCL Property Management.


Contact Us:

Durham Region Tel: 1(905) 432-8961

York Region Tel: 1(416) 619-5203

Peel Region Tel: 1(416) 619-9214

Toll free: 1(844) 651-2225

Fax: 1(905) 579-6688

Email: info@acclpropertymanagement.com


When you choose ACCL Property Management, you have the peace of mind, knowing that you have a trusted name in property management.

December 21, 2022
Expert Advise From Your Trusted Property Management Team
December 7, 2022
It is important for landlords and property managers to take the required steps to ensure that their rental properties are ready for the winter months. You will want to be proactive with inspecting the plumbing, roof and landscape before the cold winter temperatures and winds set in. Doing this will guarantee that you will save money on damages that may occur if these areas are neglected.
May 15, 2021
If you want to earn as much as you can on your investment properties, it’s worthwhile to use the best property management team you can. If you encounter any of the mistakes below in the management of your portfolio, you may want to switch to a different management firm.
May 1, 2021
If you own rental properties in Oshawa or Durham Region, it’s crucial to maintain good relations with your tenants. One way to do this is by hiring a quality property management company to handle the upkeep. Are you looking for advice on how to maintain your rental properties in Durham? Look no further. Below are nine critical tips to protect your investment and keep your renters happy.
April 15, 2021
Screening tenants is one of the most important tasks landlords are responsible for. Applications come in by the dozens for every apartment and it’s their job to sort through them, run the appropriate checks, hold interviews, and determine who will live in your properties. As a result of this constant work, most landlords have a clear sense of what red flags they need to look out for when reviewing applications, but it’s important to realize that not all problems are equal and that individuals with “red flags” on their records may not be bad tenants.
April 1, 2021
1. Organize Your Bank Accounts
March 15, 2021
For the landlords and real estate investors, ROI and cash flow are everything. You’re constantly on the lookout for ways to make your rental properties more profitable, which means maximizing the upside and counteracting the downside so that it doesn’t come back to bite you. And even though there are no bulletproof methods of downside protection, there is one method that can significantly lessen your chances of experiencing a financial catastrophe. It’s called an emergency fund.
March 1, 2021
Find a good contractor who gets the quality work on time is never an easy task. As you search for a contractor to work on your property, here are some tips and tactics you can leverage to filter out the bad apples and find the right fit for your project.
February 15, 2021
5 Techniques Successful Landlords Use For Rent Collection
February 1, 2021
As a landlord, you’re in the game of generating cash on your cash. In other words, you’re in the ROI business. But are you really doing everything you can to set yourself up for maximum returns? This a question that you need to analyze through a critical lens. You might consider yourself a fairly savvy person when it comes to finances and investing. (After all, you’re wise enough to invest in an income producing property.) But it’s entirely possible that you’re bleeding money in areas where you could be doing better.