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Rental property investors often struggle with finding ways to keep their properties fresh and attractive while keeping their costs to a minimum. It’s the usual struggle as far as investment property management is concerned. When it comes to making updates and other improvements to attract new tenants to a vacancy, lighting is too often neglected in the process. Lighting is an extremely important element when it comes to how a property shows to prospective tenants, but property managers and landlords too often turn to the least expensive lighting fixtures without considering how cheap lighting actually diminishes the appeal of a home’s interior.

Cheap lighting is actually costing property owners money because it makes a poor impression on potential tenants. Beautiful lighting doesn’t have to cost an arm and a leg, but it does require taking a long, hard look at a bland or even dated interior and looking at updated lighting designs that can transform a home’s interior.

Improved Lighting Makes for Better Investment Property Management

Below are some modern lighting designs that can add a contemporary edge to an interior space and brighten the rooms to maximize the unit’s appeal to potential tenants. Some of these lights can be purchased online, and others are available at brick and mortars, making it handy for making a quick purchase. Try one or more to see how much they make investment property management simpler for you and your team.

Home Depot

Ambient lighting can brighten and enhance the glow of a room. Chandeliers and wall sconces render an ambient lighting effect.  Dimmer switches can also alter the atmosphere of a room.

Chandeliers are suspended from the ceiling and direct light upward. They are typically installed over a dining room table but they are also popular in foyers, bedrooms, and even bathrooms. In addition to providing an attractive ambient effect, chandeliers enhance the decorative style of a room. The Ashburne 4-Light Burnt Sienna Single Tier Chandelier ($35.53) offers a clean, simple design.

Wall Sconces are very versatile. Surface-mounted to a wall, they can direct light upward or downward. Wall sconces can add a stylistic touch to a room and can be used to provide ambient or task lighting in any room. The sconces in this bathroom provide flattering lighting while not subtracting from the impact of the tiled wall. The Hampton Bay Ettrick 3-Light Oil-Rubbed Bronze Sconce with Hand Pained Glass Shades ($109) has a clean, contemporary design.

Lamps Plus

The kitchen requires the right balance of lighting to handle its multi-tasking functions. The proper light mix can make it able to meet all the kitchen’s uses while bathing the room in a complimentary wash of brightness.

Recessed downlighting (ceiling) This is the kitchen’s main source of light—whether in addition to natural light or to fill in for lack of it. You want to cast as much of it as evenly as possible from your ceiling.  Recessed lighting (starting at $6.99)

Island-highlighting pendant lights provide task lighting over the kitchen island. This is generally used in workspaces to aid you in performing your daily tasks. Hang 3 individual pendants over the island surface, or something like this  Milbury 40 1/4″ Wide Bronze 3-Light Island Chandelier ($199.99)

Under cabinet lights accentuate your favorite elements, cross over into ambient and task lighting as well. Here are some under-cabinet lights (starting at $13.99).

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Ceiling lights are mounted directly to the ceiling, with a shade concealing the light bulb. Ceiling lights have been common in homes for nearly 100 years. Select something eye-catching and contemporary that renters will love, such as this Ceiling Lights Semi-Flush Mount Polished Nickel ($74.99).

Selecting the right light fixtures is a must if you want your rental property to attract tenants. Resist the temptation to go with the cheapos and invest a little more to show your rental units in their best light. Investing in new lighting fixtures says a lot about your investment property management decision-making skills.