In recent years vinyl plank-style flooring has become increasingly popular with landlords and property managers across the country. There are many reasons why hard-surface flooring is rapidly taking over in flooring choices over carpeting. It is a good way to reduce the costs involved in turnover. It is also an excellent way to give your rental units an up to date, stylish look that so many Gen X’ers are looking for today.
Not all vinyl plank flooring looks like wood, there are many other upscale forms that look like stone, tile, even ceramic tile. More rental units are making the move to hard-surface flooring in more than just the living room and kitchen, it is slowly making a move to the bedrooms as well. Even many top real estate investment firms are moving to vinyl plank flooring as it has a lot to offer.
Vinyl has Value
Vinyl flooring has improved significantly since Chicago’s Century of Progress Expositions in 1933. It’s popularity then, was for the same reason it remains popular today, it is economical, easy to take care of, and exceptionally durable. The average carpet lasts approximately two to five years in a rental unit, vinyl plank flooring can last for ten years or more.
Vinyl plank flooring can give your units the trendy look everyone is after, without the high cost of buying real wood or stone. On top of this, by going with the trends, you may be able to charge more per unit.
Vinyl Plank is Easy to Repair
One of the worst parts of having carpeted floors in your rental unitsis that a single stain or damaged section means having to replace the whole carpet. Something we all know can be very expensive. When your floors are covered with vinyl plank, you only have to replace the damaged boards. Not only is this less expensive, it means far less down time as one or two boards can be replaced in an hour or so.
Just like carpet, vinyl plank flooring is available in a wide range of colors, styles, simulated wood grains, even tile. You can use the colors and available styles to help create different zones in your homes or perhaps different themes. The more creative you get with the floors in your rental units, the more likely it is that your units will remain filled.
Residents Love Vinyl Plank Flooring
Residents tend to love vinyl flooring for a couple of very good reasons. One, they are very easy to clean and maintain. Two, they tend to give their rental unit a very homey look and feel. This makes for a much better living environment, in turn,this leads to tenants who are much happier and more likely to remain in your rental units for a much longer period of time.
Installing vinyl plank flooring can take your ordinary rental units and turn them into trendy, stylish homes that people will be lining up to rent them out. Vinyl plank flooring is the wave of the future and one that is bound to save you money both in the short and long term.