The painting is now done in one unit of the duplex that I am rehabbing. In addition, I have completed the installation of the carpet in both the kitchen and bathroom. You're probably thinking that it's crazy to put carpet in the kitchen and bathroom. However, through experience, I have found that there is no good solution to covering the bathroom and kitchen floors. Vinyl floors are destroyed rapidly by the tenants as they drag heavy objects around the apartment. This is especially true in the kitchen. Tile floors are rapidly damaged as the tenants drop heavy objects on them. Wood and Laminate floors are easily and predictably damaged by water. Carpet is lucky to last two years in a typical rental.
Therefore, we have decided to install carpet (with no pad) in our kitchens and bathrooms. The reason is that carpet is the fastest and cheapest to replace once damaged. For example, after Church today, I installed new carpet in both the kitchen and bathroom of the duplex I'm working on. It only took about 3 hours to do both rooms (by myself) including installing the tack strips.
I am also pleased to announce that our prospective tenant did show up yesterday and put down a non-refundable deposit on one of our one bedroom apartments. Tomorrow, we have the Section 8 inspection on another of our one bedroom apartments. That's great news as we are just about out of vacant rentals. All of our houses are rented. All available 1 and 3 bedroom rentals are rented. With the acquisition of our new buildings and the rehabbing of those units, we will soon have a 3 bedroom apartment, a 4 bedroom apartment, and two 1 bedroom apartments available.
We're getting very close to our camping trip. We are planning to leave either tomorrow afternoon or Tuesday morning and staying through Thursday or Friday. Another camping trip is already scheduled for the first weekend in May.
1 comment:
Hi, Michael! It's Trisha again. I wanted to compare notes with you and see what you thought.
About kitchen/bathroom flooring, does the carpet come in cheaper than the 69 cent stick-on vinyl tiles? IOW, can you buy & install carpet for cheaper than 69 cents per sq ft? The stick-on tiles are what I use in our places, since they're so easy to peel up and replace when damaged.
Then, I had a question for you about your advertising. What type of advertising do you do? I find that newspaper ads are a complete waste of funds and effort. Signs are most effective. But, you seem to be able to keep a steady supply of leads coming in for new tenants. How do you do that?
Thanks in advance!
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