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Updated over 7 years ago,
Carpet Replacement ?
I purchased a duplex ( 3br 2 ba 2 car garage) 3 years ago an inherited a tenant. The tenant has lived in the unit for 8 years and pays rent on time. She is complaining about the carpet which is 20 years old. The carpet is not terrible but is flat from years of use. The seam is coming apart in the living room. i had it repaired once but the carpet wont hold a good seem anymore. The unit is priced about $200 below current market rent, I have not raised the rent it because of the carpet situation.I have only raised the rent from $600 to $700 per month over the last 3 years.( The previous owned never raised the rent.)
I'm thinking about telling her that I will replace the carpet or use Allure flooring but she would need to remove the furniture for installation purposes and sign a new month to month lease or 6 month lease at the minimum at a $900 per month rent rate which is market rent for the area.
I would like some feed back and thoughts about this issue.
Sorry for the long post!
Thanks,
John