All Forum Posts by: Roy Gutierrez

Thanks for your repl\y Sharad, I didn't think about hardwoods although getting $1,700/month definitely makes me give it a thought after you mention it, so your decision for hardwoods is based strictly on the rent amount you're getting from a property? or any other factors?

Thanks again.

Need to make a few decisions and I still don't have my big boy pants to make them! Bought 2 houses in the city of Oak Park here in Michigan, not a high end area but definitely a nice quiet/affordable city with very good neighbors watching for one another (at least in the better part, don't know to much about the less desirable part).

House 1:

House renting in the better area of the city, closer to high end areas, just got agreement to rent for $1,700/month (on condition of putting new cabinets and granite counters in the kitchen). First floor is all hardwoods, second floor has 2 HUGE bedrooms (prospective renters love them!), I tore out the stained carpets but now I need to decide what type of flooring to put in there considering that I'm getting decent rent AND 90% of the prospective renters have pets!

What type of flooring would you recommend for the second floor bedrooms?

House 2:

House renting in the less desirable part of the city but still decent area, I got advice here to use trafficmaster allure (which I did buy, a little concerned about having a crawlspace and maybe that affecting the flooring), the house totally redone almost all new, the living room and kitchen have an open floor plan, and I really want to keep the same flooring for both so it looks and flows with the open floor plan BUT my friend which used to be a contractor is trying to convince me to go with tile in the kitchen, I like tile in a kitchen just feel this will break up the openess that the place has but maybe I'm thinking to much with my heart and not with my head, maybe tile is better under the circumstances.

Last questions, if any michigan people know of an affordable, quality floor installer let me know.

Thank you!

Need to make a few decisions and I still don't have my big boy pants to make them! Bought 2 houses in the city of Oak Park here in Michigan, not a high end area but definitely a nice quiet/affordable city with very good neighbors watching for one another (at least in the better part, don't know to much about the less desirable part).

House 1:

House renting in the better area of the city, closer to high end areas, just got agreement to rent for $1,700/month (on condition of putting new cabinets and granite counters in the kitchen). First floor is all hardwoods, second floor has 2 HUGE bedrooms (prospective renters love them!), I tore out the stained carpets but now I need to decide what type of flooring to put in there considering that I'm getting decent rent AND 90% of the prospective renters have pets!

What type of flooring would you recommend for the second floor bedrooms?

House 2:

House renting in the less desirable part of the city but still decent area, I got advice here to use trafficmaster allure (which I did buy, a little concerned about having a crawlspace and maybe that affecting the flooring), the house totally redone almost all new, the living room and kitchen have an open floor plan, and I really want to keep the same flooring for both so it looks and flows with the open floor plan BUT my friend which used to be a contractor is trying to convince me to go with tile in the kitchen, I like tile in a kitchen just feel this will break up the openess that the place has but maybe I'm thinking to much with my heart and not with my head, maybe tile is better under the circumstances.

Last questions, if any michigan people know of an affordable, quality floor installer let me know.

Thank you!

Just saw this post after I posted mine, I'll send you a PM if you don't mind sharing the accountant info. Thank you.

It's getting to be that time of the year and figured here's the best place to ask for a recommendation on a good accountant especializing in real estate. If I should post about this somewhere else my apologies in advance.

Thanks!

Michael, what is the name of the group? is it the first Tuesday of each month? Looks like I probably missed it again!

Yes, that's the plan, I'm about to pass my budget! lol, thanks Matthew.

Thank you Brian, very much appreciated. I'll give him a call.

Thanks Steve, decided to leave it alone with just the one bath.

This is for the michigan investors in the area, I'm sure you have gone thru similar stuff with contractors but my Electrician is MIA, if anybody knows of a good one with reasonable rates for a rental, it's not a small job, it's moving a box and running the lines. If you can recommend someone it will be greatly appreciated, thanks!

George, I feel for you man, that's a tough one, in my property they can actually turn around either in the front or the back (both places going into the grass) but I'm afraid if they turn in the back they might hit the garage or the house eventually!

Michael, the house in the service drive to late to back out (pun intended!), it's actually by 696 and coolidge, the rental market seems good in oak park (close to downtown royal oak is key), I'm buying another one north of 696 moving in there and renting the current one that I'm living on. A friend of mine has no problems renting his 5 properties there, what is your experience in terms of rental demand in oak park?

I'll try to make the meeting and learn from the wise veterans like you! I'm an accidental investor, wasn't in my plans but it happened and I'm running with it.