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Updated almost 10 years ago,
First time landlord starting in August
Good Afternoon all,
I will be putting my house up for rent and leasing in August and I have a few questions on how to prepare it of to even prepare it at all. The basics of the home are as follows. It is a 4 bedroom, 4 bath home, built in 1990. Everything is very well maintained and working as it should. The only thing is that the kitchen and the bathrooms are a little out of date (looks wise). I personally want to upgrade them but I also think that the low cost of the current laminate router tops and laminate floors well keep expense costs down if I have to rehab at all after any tenants. I guess my question is, will updated and more modern features be worth the initial and eventual price of instal and repair compared to the price of rent??
(Also if location helps, the home is located in Howell Michigan. A decent size city but now where near a metropolitan city in my opinion.)
Thanks,
Corey