Monday, January 9, 2012

Freshened up and rented

Four weeks hard out from possession date and tenants are moving in to House No.3. Here's the before and after pics at flickr.

The house is under-priced at $350 including water. We advertised it before we'd finished and based the rent on what the house was like before the new carpet and replaced kitchen went in. Plus, we've put in a microwave and washing machine. Saving grace is the first term is only for 6 months and all prospective tenants were told the rent would be going up $10-$20 after that time reflecting the work we expected to have done on the property over 6 months.

The rent is cheaper than it could be also, because we'll be around and want access to paint the exterior, paint the roof, fence and landscape.

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