Can you use some accent paint colors to attract tenants or is it best to use the same color in all your rentals? That is this week’s question for veteran landlord, property manager and real estate investor Hank Rossi.
Dear Landlord Hank:
Do you always use the same paint color throughout all your rentals or do you sometimes use different interior colors? We are considering an accent color on a wall in the living room, but do not want to offend potential tenants. What colors do you use?
– Landlord Eileen
Dear Landlady Eileen,
I always try to use the same color throughout all my rentals.
I ‘ve found that to be the most cost effective and efficient way, for me.
Sometimes, I can get away with just touching up, and I always know what color I used last without having to keep track of which unit was painted what color, when.
I use an off white color with bright white trim.
Use a darker paint color below rail in dining rooms
I often will have chair rail in my dining rooms and use a darker color below that compliments the flooring, and a lighter color above in the same color family.
This requires some keeping track of paint colors and is often a pain, but I like the results, it’s a warmer look and more inviting to me. (These are Atlanta choices-not Florida.)
When you use accent colors you do risk losing someone that doesn’t like your choice.
If that were the case, and this was a great prospect, you could repaint but that’s more money and time.
For efficiency and cost effectiveness, it’s best to use the same color, and brand of paint.
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