This was great! Would love to see more walkthroughs and pointing out high ROI/low ROI fixes, and other things to look for or avoid when buying a rental
This was a GREAT Video - All these are wonderful tips. It was good to hear from both the contractor and a realtor/manager at the same time. Tip #7 - Good one - When you respect your home, the tenant respects the home. Tip #13 - Yes....long term tenants - they're the best. I like how you mention all the switches should be the same color throughout the home, not all mismatched, same with fans and light fixtures. Sorry - but that half bath was super tacky, I'd gut it also. I bought a duplex in 2010, north of Tampa Florida, Craftsman style, 1945. I live on one side a 2 bed/1 bath and rent the other side out - 1 bed/1 bath. It had been a rental for 50 plus years so it's certainly seen some wear & tear over the years. I have done some upgrades, mostly to the rental side since; income side comes 1st. I completely gutted the bathroom down to the studs and built it back up. The tub, sink and toilet were all different colors, they are all white now. I took out a large square sink cabinet and replaced with a pedestal sink, more room. I tiled around the tub, neutral 1' square tiles with a decorative boarder about 4 foot high. Same square tile on the floor. It looks so much better and worth the upgrades. (When I say "we", I mean I hired workers for the job/projects). I didn't do anything to the kitchen, has original cupboards but I like that they're original, thankfully they're in good shape, white. We're getting ready to do a few upgrades next month; new counters, handles, knobs, sink, faucet and light fixture. Floor tile was done 7 years ago and is still in good shape. My current tenant is a handyman and does remodels and renovations as his work. He's offered to do the upgrades/labor, at a reduced amount, I pay for materials/supplies. I have replaced all the windows, double pane, energy efficient, on the rental side. New exterior doors on both units.
@@SanbornConstructionGroup - I did hear him say it was a complete gut. The bath reminds me of one of the gaudy kinds you see in homes on the outside of Vegas! I wish you were in my area, I could sure use your expertise; of course I probably wouldn't be able to afford your company but sure would trust your work. TY
@@SanbornConstructionGroup you guys likely just tear them out. Lamp lighter in Livonia was one of the last places get parts. But what a great electrical main panel, never need to up grade just add to the top.