Rehabbing for Rental Properties
Hello Everyone,
I had a question about rehabbing a rental property. It's low end. I know I shouldn't go overboard because it's not like I'm living there. However, what do people think about getting things that might last longer?
For example, porcelain tile floors. I'm considering VCT as well, but am worried it may come up if there is a water problem. And countertops - do you go with laminate or granite? Granite, especially prefab is getting cheaper and the kitchen area is small. I definitely want to rein in my spending, but I do want things that I won't be changing any time soon. Thoughts? I appreciate the advice. I usually lurk on here and have learned so much.
=)
Cheryl
Most Popular Reply
Depends on how low end. My first and so far only rental is 550/month low end.
Laminate counters. My rental kitchen, even though the house is only 750 SF, still has like 14 lineal ft of countertop. No way am I putting in granite. that would be like 2K difference and way too long of a payback period for what it is.
Medium grade vinyl tile in the kitchen and bathroom (not VCT). Easy to install by myself. Should last 2 to 3 tenants and them I'm switching to the floating vinyl plank stuff.
Original ood floors in living and bedrooms- sort of refinished (not sanded, but cleaned with lacquer thinner and a new coat of poly applied. Looks better than painting them brown even though there are still dark and light spots from old age and wear. I find folks like the vintage look.)
Stainless steel sink with faucet that came together in kit for 99 bucks.
Textured plastic wainscoting in bathroom and same material in tub surround (the stuff you see in public bathroom and commercial kitchen walls).