Buying carpet for your personal home can be difficult. You want quality and style; something that will give you warmth, comfort and value for years to come.
But what about as a landlord or property owner? If you are buying carpet that you know one, two, even three or more tenants will ultimately use, how do you find carpet that will give you the style your tenants are looking for, and hopefully give you longevity to increase your profit margins as well?
1. Choose a carpet with your needs in mind
Every rental property has different requirements. Do you typically rent to families with lots of small children? Do you accept pets? What income and occupation level are you targeting? If you expect to replace on a more frequent basis, a lower grade carpet is better for your budget.
2. Nylon outperforms in difficult situations
Nylon carpeting is the most recommended carpet fiber for rentals. It’s the most resilient, durable and easy to clean. It also has less likelihood to shed, fuzz or pile compared with other carpet fibers.
3. Know your padding options
The lifespan of your carpet doesn’t depend on what carpet you choose; it depends on what padding you select. With most apartment carpeting selections, a 7/16”, 6 pound padding is used. Again, by knowing who your average renter will be, you can choose to go up or down in quality and extend the life of your carpet an additional year or two, or save on money in the beginning knowing you’ll be replacing it in a shorter period of time.
4. Reuse when you can
Typically when you have a rental property, you replace carpeting all the time. Which means you are consistently purchasing carpet on a large scale. By using the same carpeting, in some cases you can save a portion of carpet or pad, while replacing only what needs to be replaced. For instance, the main living space may be in need for replacement, but the bedroom still has another year or two. By choosing the same carpet manufacturer and style, you may be able to save money over time.
5. Do the job yourself
Do you have maintenance workers on staff that can change out carpet as a part of their job requirements? We can easily help you find the best carpet choice for you, and let you handle the labor.
6. Communicate with your contractors
Keep an open line of communication with your flooring contractor. If you run a large apartment building and need carpeting on a routine basis, lets stay in touch about the best selections for you. If we know what you’re looking for, we can watch as styles and trends change, helping you save money in the long run. Also, if you forsee big changes, or know a problem unit will soon be vacated, let us know early so we can have your carpet ready and waiting when its time to replace. Its always easier to have things ready to go then to live through a stressful moment not sure if you will have everything ready before the next tenant moves in.
7. Inspect after installation
When your carpeting is installed, chances are you will be in the middle of a lot of things. Time is money and you want your renters in as fast as possible. Yet don’t forget to take a look at the carpeting after its installed. Make sure it’s the correct carpet, color and style. Look for defects or problem areas right from the beginning. If you notice anything, take the extra time to have it repaired. It could mean the difference between having to replace your carpets almost immediately, or having them last an extra couple of years.
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