Appropriate Renov. 4 rental unit
Thanks for the feedback on the mkt rental rates on my Crown Heights N. apt. Now, looking for input on what’s appropriate / sensible level of Kitchen & Bath renovations for the unit. It’s easy decision if I was living there – ie do whatever I want that’s within the budget. A little different &…
Thanks for the feedback on the mkt rental rates on my Crown Heights N. apt. Now, looking for input on what’s appropriate / sensible level of Kitchen & Bath renovations for the unit. It’s easy decision if I was living there – ie do whatever I want that’s within the budget. A little different & more difficult when the renov budget is smaller for rental purposes. Always found the generic “rental grade” kitchen & baths range from boring to an eye sore. Should I paint the existing oak kitchen cabinets or replace them with something from Ikea? is laminate countertop (maybe something better than the generic beige / white ones) good enough? White / beige appliances? what’s solid & practical washer / dryer unit (gas one; in case these old bldg’s electrical cant handle too much electrical consumption)? Dishwasher vs a big deep sink? Shower curtain vs. sliding glass dr? pedestal vs. cabinet sink? Another key question is what is too much $$$ to spend renovating kitchen (12 x 9) and bath (5 x 10). Want to get unit to be better than the usual rental grade stuff so I can attract & retain good tenants but I worry going overboard (ie I forget I’m not renovating for me to live there) & over investing
Mopar, Montrose came by the aptmt. She confirmed the stove is “OLD” but not “Vintage”.
Ok more4less. Will look for it.
Thanks, more4less! Unfortunately, we’re still renting at the moment, so I have nowhere to store a great old stove.
Since bxgrl brought up vessel sinks, I just have to say these are already outdated and not as appropriate to an old place as a pedestal sink or wall hung sink anyway. But it sounds like you know what you’re doing.
Have fun!
Just wanted to add that black appliances wear better (and look more sleek) than the white ones which tend to yellow on any parts that are plastic. Blech!
Montrose, I got some morning errands to run so maybe around 1:30-2pm. I’ll send you an email ~30minutes or more in advance of when I’ll show up. Thx
Always an opinion, MM! :0
more4less, what time are you going to be there? I would be happy to drop by and give my opinion. I live just around the corner.
been reading up other posts on rentals here and I think it’s good to try to mkt it myself via craigslist. I don’t want to pay broker fee nor would potential tenants. If I strike out big time, yeah would consider broker then.
More4less- I think quite a few people would be interested in a deal like that! I think lots of people would love the idea that they can do some restoration work in the place. I know I would (But I could never leave the Great EVLL- where would EVLL be without me?)
By the way- I told MM about Sat. Am sure she will post. If you are looking to use a broker to find tenants let me know- I know a really good guy.