Hi, I have 2 properties in Oak Park MI that I'm about to rent for May:House 1: signing lease tomorrow, in the better part of this small city for $1,700/month (rents for a similar house go for $1,400 - $1,600), market would have been $1,500/month in my rookie estimation but I cut a deal with renter to put in new cabinets and granite in the kitchen and a 2 year contract, with that being said, I need to decide on the appliances, would you go with stainless steel refrigerator/range/dishwasher?

If the Goodwill store is selling a comparable refrigerator for $150, then your basis for that refrigerator that cost you $1200 six years ago, is $150.

There a number of ways to increase cash flow on residential real estate (SFH or multis). 1) Rent appliances instead of furnishing (range, refrigerator, washer, dryer, and microwave. 2) Having tenants put ALL utilities in their name for SFH.

If its cheap , and commonly used , I buy it up , I have 4 refrigerators , 40 sheets of 1/2 plywood , kitchen cabinets , a whole bundle of 2x4's , paint , and a bunch of other stuff .

The refrigerator has been moved from one wall to another ...  

We also decided to go with a refrigerator that wasn’t so large that it overpowered the area.

Refrigerators and stoves can last a very long time.

Now let's say the refrigerator go out, and it will take $75 to repair does tenant pay for that?

My refrigerator died on Friday.  

-3.5 Baths -Hardwoods throughout Den, Living Room, Dining Room, and Bedrooms -Kitchen with 24 Cabinets -Dual Compartment Oven -GE Dishwasher -GE Refrigerator -GE Gas Top Stove -15x15 Dining Room -30x20 Family Room -Office -GE Frontloading Washer/Dryer In Basement-12 Storage Closets-Professionally Manicured Landscaping Included!