Back in April I showed off one of my dad’s rental properties that was in dire need of a face lift.
Renovating an income property takes a much different approach than renovating your own residence.
The bottom line question is “Will the money I invest give me a monetary return in rent and value in the long run”?
For sure, the benefit of renovating is that you can increase your rent and you attract a higher caliber renter. But you can over do it. There’s a fine line to walk between investing too much in to your reno vs. not doing enough or doing it right.
We just finished the renovation so only time will tell how we did.
Here’s how we started…
The kitchen was fully contained in it’s own room.
Down came the walls.
Kitchen before:
Kitchen after:
Kitchen before:
Kitchen after:
Located Sugarhouse, UT.
Built in 1960’s, 950 sq ft, 2 bedrooms, 1 bath.
Great location! Walking distance to Westminster College and bus lines.
$1100. / month.
No smoking, no pets (firm).
If you know someone who is looking to rent in Salt Lake City, have them contact me (serious inquiries only).
Resources and review tomorrow on finishes used tomorrow.
Hey there! I’m Michelle; I’m an Passionate DIY’er and in constant pursuit of how to bring beauty to my house full of men (3 boys + 1 hubby). Stick around and see what I’ve got up my hard-working sleaves!
Once again…..Amazing…will you be willing to share cabinet model/sources?
Wow! That kitchen is seriously great! I’m jealous of the renter who gets to cook in that kitchen =)
It looks amazing! Was this DYI or professional job? Would you bee willing to break down the materials cost? thanks!
Wow- stunning! What an awesome kitchen for a renter. Very jealous of that nice big island! And the rent has me thinking about picking up and moving from Austin, TX (our rent is ridiculous!)
Very nice! I see the pics better. The cabinets to the ceiling make so much more sense and I like the island w/all the storage!! I like the light fixtures, too. Hope you can get it rented pronto!!
Wow!! i love the new kitchen!! good job! xxx
So nice! Where did you get the under cabinet lights?
Ikea. 🙂
Stunning
WOW…what a diff. Beautiful.