Why You Should Purchase Luxury Vinyl Plank Flooring For Your Rentals

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If you own rental properties or are planning on investing in rental properties soon, there is a good chance that you are going to have to install or replace flooring at some point. You could be wondering about the best type of flooring to purchase for your rentals. Luxury vinyl plank could end up being a great choice, whether you own one rental property or if you have a lot of units. If you're still unsure of whether or not this is the case, consider the following reasons why luxury vinyl plank flooring could prove to be a great choice.

It's Affordable

First of all, if you have multiple rental units where you need to install flooring, the cost could be a major concern for you. Even if you don't have to install a lot of flooring, you could be concerned about the cost of the flooring you purchase if you are hoping to make a good profit off of your rental business. Luxury vinyl plank flooring is more affordable than some of the other types of flooring that you might have considered for your rentals, such as hardwood flooring. 

It Looks Great

Even though you aren't going to be the one living in the home where you install the flooring, you still probably want the home to look great for the tenants who will be living there. Having nice-looking rentals allows you to charge more in rent in many cases, and it makes it easier for you to find tenants who are interested in moving in. Luckily, luxury vinyl plank looks great, particularly if you choose the right flooring and if you have it professionally installed.

It's Pet-Friendly

You could be wondering whether or not it's a good idea for you to allow your tenants to have pets in their rentals. This is something that landlords often disagree on. However, you can provide a great service for those who rent and have pets and can find potential tenants more quickly and easily if you allow pets in your rental. If this is something you are interested in, you should consider pet-friendly flooring, such as waterproof luxury vinyl plank.

You Can Install it Yourself

If you are like many rental property owners, you might perform most or all of the work when it comes to taking care of your rentals. After all, this allows you to be hands-on with your rental business, and it helps you save money. With most types of flooring, a professional installation is needed. However, luxury vinyl plank is flooring that you can probably install yourself if you're willing to put in the time and effort. 

For more information, contact a local company like Wallflower's Design Center, Inc

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