Best ROI Improvements in a Rental Property?

[Brian C.]

Hey guys, I'm looking to invest some money into improving my rental property so that I can charge a higher rental rate. What are some improvements that would pay for themselves in increased rent quickest?

I have read that renters are willing to pay more for stainless steel kitchen appliances and they can be relatively cheap, especially used ones. I am also considering upgrading kitchen counters from laminate to granite. Any better ideas?

[Cody Gebhart]

I just purchased my first rental duplex last month.  It was vacant when I purchased it.  Have been unable to find a tenant so far but feel like my rents are in line with the market.  The cabinets and counters are dated bUT not in terrible shape.  I could replace the kitchens (cabinet and counters) in both myself for approximately 4000-5000 tops (not a ton of cabinets but well laid out).  Appliances are a couple years old.  Could get another 30 per unit and not be above market and be more appealing to a higher class tenant.  Any thoughts?