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Updated 7 months ago on . Most recent reply
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Should I Plant a Privacy Hedge or Keep My Rental Property Low-Maintenance
Hello everyone,
I have purchased my very first property. I am living in it to make some improvements to increase its rental value. Once I have enough money for a down payment on another property, I plan to turn this property into a rental and move into a new home.
My question is about planting a privacy hedge (Clusia) around my backyard. The yard is currently fenced. I would plant small hedges because they are much cheaper. However, in 2-3 years, they will require regular trimming, which will cost money. Should I go ahead with planting the hedge, or should I keep the property as plain and maintenance-free as possible?
Additional information: I do not plan to keep this house forever. Eventually, I might do a 1031 exchange. The property is currently valued at roughly $330,000 and rents for $2500/month. I am adding a 4th bedroom, which will increase its value.
Hello everyone, I have purchased my very first property, I am living in it to do some improvements, increase rental value and when I have enough money for the down payment in the next property turn into a rental and move into another property.
The question I have is, I would like to plant a privacy hedge (Clusia) around my backyard, it is currently fenced, I'd plant them small because they're much cheaper,however, I know 2-3 years down the line they're going to require trimming every so often and that will need to be paid, the question becomes, is this something I should do or should I keep the property as plain and maintenance free as possible?
Additional information, I do not plan to keep the house forever, eventually I might 1031 one exchange. The property value as of today is roughly $330,000, and rents for $2500/month, I am adding a 4th bedroom and will become a more valuable home.
Thank you so much for your attention and participation.