A skilled painter is an essential part of your real estate investing dream team, helping to maintain the aesthetics of your properties and keep them looking fresh and appealing to tenants, while also protecting surfaces from wear and tear.
What Do They Do?
Painters are responsible for both the interior and exterior painting of your properties, ensuring a professional, polished look that increases curb appeal and tenant satisfaction.
Here’s what painters typically handle:
- Interior Painting – Whether it’s refreshing the walls between tenants or giving a new look to an outdated property, painters will prepare and paint walls, ceilings, trim, and sometimes doors. They can work with you to choose tenant-friendly, neutral colors or custom looks to suit specific rental markets.
- Exterior Painting – Painters help maintain your property’s exterior by applying fresh coats of paint or stain to siding, trim, and other exterior surfaces. This not only improves curb appeal but also protects the property from weather damage and wear.
- Touch-Up Work – Regular touch-ups are essential for keeping your property looking its best. Painters can handle minor scuffs, chips, or peeling paint to maintain a well-kept appearance between tenants or when preparing for showings.
- Staining Decks and Fences – In addition to painting, many painters also stain wood surfaces like decks and fences, helping to protect them from the elements while improving the overall aesthetic.
- Surface Preparation and Repairs – Painters often handle minor surface repairs, such as patching holes or smoothing walls, before applying paint. This ensures a clean, professional finish and prevents small imperfections from becoming larger issues.
When Do You Involve Them?
Painters are typically involved during key moments in the property’s lifecycle to keep it looking its best.
- Before or After Tenant Turnover – When preparing a property for new tenants, a fresh coat of paint can make it more attractive and move-in ready.
- During Renovations or Remodeling – If you’re updating a property, painters are an essential part of giving it a fresh, modern look.
- For Regular Maintenance – Exterior painting and staining should be part of your regular maintenance schedule to protect your property and prevent larger repair costs in the future.
Why Are They Important?
Having a professional painter on your team ensures that your properties look their best, which helps attract and retain tenants. Here’s why they’re crucial:
- Improving Curb Appeal – First impressions matter, and a fresh coat of exterior paint can drastically improve the curb appeal of your property, making it more attractive to potential tenants and increasing the perceived value.
- Extending the Life of Surfaces – Paint doesn’t just make things look good—it also protects surfaces from damage. Interior and exterior paint acts as a barrier against wear, moisture, and environmental factors that can damage walls, wood, and siding.
- Quick Turnover Between Tenants – Repainting between tenants helps make the property feel fresh and new, allowing for quicker turnovers and helping to attract quality tenants.
- Staying Competitive – Well-maintained, freshly painted properties stand out in a competitive rental market. If your property looks newer and better-kept than others in the area, you’re more likely to fill vacancies quickly.
Other Items of Note
- Licensed and Insured – Make sure your painter is licensed and insured to cover any potential damage or accidents that may occur during the painting process. This protects you from liability and ensures professional standards.
- Quality of Paint – Work with your painter to choose high-quality, durable paint that can withstand wear and tear, especially in rental properties with high tenant turnover. This can reduce the need for frequent touch-ups or repaints.
- Color Selection – Painters can help guide you in selecting neutral colors that appeal to a wide range of tenants. Neutral tones typically work best in rental properties, but occasional accent walls or feature colors can add appeal in some markets.
- Schedule Flexibility – It’s important that your painter can work around tenant move-outs and move-ins to minimize vacancy time. Make sure they can accommodate quick turnarounds when needed.
Conclusion
A reliable painter is a key member of your real estate investing dream team. They help keep your properties looking fresh and appealing, both inside and out, while protecting surfaces from damage and wear. By having a professional painter on hand, you can ensure your properties remain competitive, maintain their value, and attract quality tenants. Regular painting and touch-ups not only enhance the aesthetics but also prolong the life of your investment.