Convenience and Aesthetic Appeal: Preparing Your Home as a Vacation Rental

Renting out your house as a vacation property isn’t for everyone, especially if you’re not comfortable with the idea of turning your home over to people who’ll use it as a convenience while they’re having a good time on vacation. To be sure, it can take a little getting used to, but if you live near an area that has a lot to offer people looking for a fun get-away, you can generate a healthy secondary income without a lot of hard work. However, be aware that you’ll be competing with area hotels and B&Bs when it comes to comfort. Here are a few essential points to consider if you’re serious about prepping your home as a vacation rental.

For exterior and interior painting, pressure washing, staining, and home improvement projects, reach out to the pros at Patrick’s Painting. To set up an in-home consultation, call 703.253.9268.

Starting Your Rental Business

Your first rental property is a business – and you’ve got to treat it that way. First, you need to create a legal business entity such as an LLC that will “own” your asset (the rental property). With your business entity established, you can officially apply for your business bank account. This account will help you – and your accountant – separate your business and personal finances. Lastly, you’ll need some investment funding in that business account for purchasing your first property! Your dream is closer than you might think.

A Deep Cleaning

If you intend to compete with full-time hospitality businesses, you’ll have to maintain a high level of cleanliness and convenience. Some renters hire professional cleaning services while others prefer to handle it themselves — though it’s important to make room in your budget for this. Whichever you choose, make sure the job is done as thoroughly as possible because discriminating guests who are spending their hard-earned money on you will certainly notice if any corners have been cut. Be vigilant: As the owner, it can be easy to overlook little details that a guest would not miss. All carpeting should be shampooed and free of stains and stale odors. Make sure there’s no grime or mold showing in the bathroom, and take the time and effort to clean under appliances in the kitchen. The fridge should also be well-scrubbed with no lingering smells.

Of course, keeping your vacation rental properly maintained might prove troublesome if you live a good distance away from it. If taking care of the property between guests is simply too much of a logistical hassle, or you simply want to hire someone to take care of this process for you, look into working closely with a vacation rental company. Bringing in a rental company can take the stress out of maintaining your home, as the company will make sure the home is ready for each guest before arrival. Some rental companies will even equip the property with digital locks and use fraud-prevention strategies during the booking process, so you can rest assured that your home is well taken care of.

Appealing Upgrades

You’ll want your vacation rental to be in an appealing location, but there’s more to attracting visitors than being in a desirable locale. The house itself should also appeal to guests, which means you may need to make some upgrades. Gas fireplaces are popular features for guests who enjoy relaxing in comfort, as are jet tubs, which can be added easily and inexpensively by upgrading an existing standard bathtub. Hiring Patrick’s Painting to add a fresh coat of paint on your home’s interior or exterior can also add to its appeal. You should also consider leaving a few good books and board games in the home for guests to enjoy.

Home Security

Your guests should always expect to feel safe and secure. A rental home with plenty of security features will help put them at ease, so include motion-activated security cameras that can be accessed by smartphone, a valuable feature if you need to keep an eye on things from a distant location. A video doorbell not only lets you monitor comings and goings but gives you the opportunity to communicate with would-be intruders and keeps your investment secure. A home security system with external monitoring is regarded as the best means for ensuring protection.

Convenience

Depending on the number of guests you’re expecting, it may be necessary to move pieces of furniture and other items out of the way. If you lack on-site storage, consider using an affordable rental space temporarily. Remember, you’re trying to give each guest a memorable experience that leaves them considering you for a return trip. That means making them feel at home and well provided for so they don’t waste time running around picking up necessary items.

Your rental home should have a fully equipped first aid kit with numbers for nearby physicians and hospitals clearly posted. Safety should always be your primary concern, so be sure you’ve provided a functional fire extinguisher, fire detectors (with fresh batteries), and potholders in the kitchen. You never know what your guests’ staple beverages might be, so keep a coffee maker and teapot on hand so they can brew whatever they please.

Provide To-Do List Recommendations

You know your area well; your guests can use that knowledge to make the most of their time. Brainstorm a list of top attractions, activities, and restaurants that are a bit different and offer a diverse range of ideas. One guest may plan on spending plenty of time enjoying the sun and surf, so provide a list of the best beaches. Another guest might like to do lots of shopping while on vacation, so make sure they know where the best shopping can be found.

Maximizing your vacation rental home’s marketability depends on paying close attention to details. Your guests should feel cozy and safe staying in a house that offers aesthetic appeal as well as simple conveniences. It should be the kind of place you would want to vacation in.

Curtis Fisher

tradesbright.org

How to Prepare Plastic for Painting – wikiHow

Patrick has partnered with wikiHow.com to co-author articles on some commonly asked painting questions.

How to clean a paintbrush wikihow

How to Clean a Paintbrush – wikiHow

Patrick has partnered with wikiHow.com to co-author articles on some commonly asked painting questions.

APC Top Job Award

APC Magazine – 2020 Top Job Award

We are pleased to have won the American Painting contractor magazine “Top Job” award for the first year!

Painting White Kopiren

9 Ways to Attract Millennial Homebuyers

Millennials are currently the largest group of homebuyers in the U.S. and will continue to revolutionize the housing market for years to come. As more millennials pursue homeownership, it is important to revitalize your home in order to attract multiple offers from this surging demographic. Luckily, there are plenty of affordable upgrades and simple ways to spruce up your home to appeal to millennial homebuyers and sell your home quickly.

1. Updating Your Kitchen and Bathroom

The majority of younger buyers looking to see if they can afford to purchase their first home. They most likely won’t have the money or time to redo a kitchen and bathroom. Millennial homebuyers will be looking for an updated kitchen. A kitchen that includes new countertops, fresh cabinets, and hardwood floors. Updating your cabinets and countertops is a great way to spruce up your kitchen, or even give it a whole new look. Additionally, hardwood floors are becoming increasing popular among homebuyers and can improve the look of your kitchen dramatically. Younger buyers are also looking for a bathroom with new tiling and modern fixtures. By hiring a team of professionals, and putting some money toward a kitchen and bathroom remodel, you can attract more millennial homebuyers to your property. Not only that, but you’ll probably recoup a lot of your costs in the selling price of your home.

New Kitchen

2. Creating an Open Floor Plan

Millennials are attracted to large, open spaces. Larger spaces that can be used to entertain guests or as multi-functional rooms are favorable with millennials. Essentially, they don’t want to feel like their family or friends have to be sectioned off in different parts of the home. If you are already planning on remodeling your kitchen, you may consider tearing down a wall or two to create a more open look.

3. Choosing Low-Maintenance Materials

Millennial homebuyers are interested in low-maintenance homes. They are not looking for a fixer-upper the way Gen Zers and other past generations were. Millennial homebuyers don’t want to spend their time on significant repairs, home-maintenance or even cleaning their homes. They prefer things that will last and are easy to maintain. Consider choosing low maintenance materials. These materials include quartz countertops, full-sheet materials like back painted glass, and quartz backsplashes to eliminate grout lines for easy cleaning. As well as installing vinyl, sealed concrete or hardwood floors in your kitchen and bathroom to provide the new homeowners with durable, easy to clean surfaces.

4. Adding Smart Home Technology

Adding technology to the home will excite millennial buyers into purchasing your home. Many millennial homebuyers are interested in looking at homes that can manage all their home devices from one place. A smart home ecosystem has many benefits. Including, remote control functions, increased home security, and increased energy efficiency. These functions will allow homeowners to conveniently control their home from anywhere as well as reduce their energy bills.

IOT Devices

5. Installing Energy Efficient Appliances

Millennials care about the environment and will even pay extra to protect it. Younger homebuyers want appliances designed to help reduce power consumption, reduce environmental impact, and contribute to a healthier planet. 75 percent of millennial homebuyers want energy Star-rated appliances in their homes. They also want these appliances to save them money and have the latest features and technology to make everyday tasks easier.

6. Adding a Home Office

Creating a space that can double as a home office is intriguing to many millennial homebuyers. Many do commute to work, especially if you work in a big city like New York. But there is also an increasing number of millennials working from home at least a couple days a week. Creating this space allows these millennial homebuyers to have a designated area where they will be able to work from home easily and comfortably.

7. Painting your Home

If you need to freshen up your paint, and want to appeal to millennial homebuyers, opt for neutral colors on walls, trim, and baseboards. Colors such as light grey, cream, and other soft neutrals are preferred. If you have children and their rooms are all shades of bright green, blue, and pink consider painting those to match the rest of your home. Having this neutral base will make your home easy to stage and design. It also will bring a more simple, sophisticated look that millennial homebuyers find alluring.

Painting White Kopiren

8. Purchasing a Home Warranty

You may also want to consider purchasing a home warranty for your buyer. Many home warranty companies offer “listing coverage” that you can easily turn into a year-long plan for a homebuyer to repair or replace worn down systems and appliances. Many millennial homebuyers find it enticing to have a company do the groundwork of calling a contractor and scheduling repairs for them.

9. Highlighting Proximity and Walkability to Market Your Home

A “walkable community” means a home is near public transportation, grocery stores, restaurants, local businesses, and public services. Homes receive a Walk Score based on how many errands can be accomplished on foot. Millennial homebuyers are very interested in homes that have a great location. 56 percent of millennials and 46 percent of baby boomers prefer walkable communities with a range of housing amidst local businesses and public services. If your home is considered walkable, you’ll want to market it that way. By doing so you will attract more buyer interest, and you’ll potentially be able to price your home higher.

As time moves forward, millennials are beginning to make up a bigger population of homebuyers than ever before. As the playing field of buyers changes, it isn’t a bad idea to update your home to cater to the larger homebuying demographic. Following these tips can help provide you with more bids from potential buyers, and possibly sell your home quickly and for more money.

Lexi Klinkenberg

Lexi is part of the Redfin content marketing team and enjoys writing about real estate and design trends. Her dream home would be a contemporary home with an open floor plan, lots of windows, and a waterfront view.

Original Article: https://www.redfin.com/blog/ways-to-attract-millennial-homebuyers

Patricks Painting Best of Houzz Service

Patrick’s Painting – Best Of Houzz 2020

The Best Of Houzz badge is awarded annually, in three categories: Design, Customer Service and Photography. Design awards honor professionals whose work was the most popular among the Houzz community. Customer Service honors are based on several factors, including a pro’s overall rating on Houzz and client reviews submitted in 2019. Architecture and interior design photographers whose images were most popular are recognized with the Photography award.

A “Best Of Houzz 2020” badge will appear on winners’ profiles as a sign of their commitment to excellence. These badges help homeowners identify popular and top-rated home professionals in every metro area on Houzz.

“This year’s Best Of Houzz awards go to an incredibly talented and service-oriented group of home remodeling and design professionals, and we’re proud to highlight the winners on the Houzz website and app,” said Liza Hausman, vice president of Industry Marketing for Houzz. “This award is particularly meaningful as it reflects the sentiment of the millions of homeowners in the Houzz community who are hiring home professionals for their projects across the U.S. and around the world.”

About Houzz:
Houzz is the leading platform for home remodeling and design, providing people with everything they need to improve their homes from start to finish – online or from a mobile device. From decorating a small room to building a custom home and everything in between, Houzz connects millions of homeowners, home design enthusiasts and home improvement professionals across the country and around the world. With the largest residential design database in the world and a vibrant community empowered by technology, Houzz is the easiest way for people to find inspiration, get advice, buy products and hire the professionals they need to help turn their ideas into reality. Headquartered in Palo Alto, Calif., Houzz also has international offices in London, Berlin, Sydney, Moscow, Tel Aviv and Tokyo. Houzz is a registered trademark of Houzz Inc. worldwide. For more information, visit houzz.com.

Patrick’s Painting

Why Home Buyers Run From An Old Paint Job

When you prepare your home for sale, you focus on curb appeal for a very good reason. Failing to make your home look great because of an old paint job could make buyers turn away from the property without out ever stepping foot inside. Here are four ways that your old paint job could damage your home selling goals.

1. Makes Home Appear Older

Unless you live in an area that was completely built up in the 1950s and has stayed more or less the same way, you have to compete with new construction. There is a reason that the government and professional organizations separate home sales by new and existing homes. Older homes have a harder time preserving value against a new home with entirely new systems and landscaping. One of the ways you can fight for your home’s priority of place is to keep it as updated as possible. An old, faded exterior paint job ages your home prematurely, and a fresh paint job may make it seem newer to the untrained eye.

2. Provides Inadequate Protection for Exterior

You put paint on your home for more than just a change of color or to make it look better. Some kinds of siding for your home need paint to keep them in good condition. Paint, as thin as it is, can protect your home from the worst of the weather. Heavy winds, rain, snow, ice and even the heat of the summer sun can weather your home’s siding or cause it to rot right off your home. Replacing your siding is a much more expensive endeavor than repainting, so a new paint job might actually save you a fair bit of money in the long run.

3. Turns Home Into Obvious Eyesore

You know the home on a nearby street that never gets maintained? It’s the one that often has a notice from the homeowners association on the front door, with a dead or dying lawn and overgrown trees. Now that you know what lousy curb appeal looks like, you understand why buyers do not want to get involved with such a property. Unless your home is truly selling as-is, you hope that buyers will see that you have put some work into it. Some buyers want a fixer-upper, but they pay a lot less for homes in that category. Your home deserves to keep up with the neighborhood, and this one task may make the difference between selling and not selling at all.

4. Makes Buyers Wonder What Else Is Wrong

Curb appeal and staging for the home are not supposed to hide problems under the surface, because there can be legal effects of concealing information from buyers. However, curb appeal is definitely supposed to show the home at its very best. If the view from the curb looks outdated and inadequately maintained, buyers may think that this is a sign that the home is really in bad condition inside. Some may be so concerned about the outside representation of the home that they abandon their plans to go inside and find out more. Fixing this relatively minor issue of home exterior paint makes it far more likely that buyers will take an interest.

If you want to sell your home at an ideal price, you have to ensure that your curb appeal is in order. By getting a new paint job, you can help avoid these four problems.