And no refrigerator either but I know what to do about that...
Are there any issues with putting or connecting a freestanding dishwasher adjacent to the cabinets? There is no "space" where the new dishwasher would go in the cabinets, so I would just have to put it on the floor.
Also, is the lack of a garbage disposal a big deal when trying to attract tenants? This is a mid to lower income neighborhood, if that helps.
I've given up on putting garbage disposal in rentals. They require care and feeding to keep them working properly.
Freestanding dishwashers usually connect to the sink faucet. We had one of these in the first house we bought. Its a pain to connect and disconnect, and you risk damaging the faucet if you're not careful. Not something I'd want to have a tenant dealing with. I wouldn't try to put one in if there's no space.
Thanks Jon. I'm trying to put myself in the mind of the tenant. If there was no dishwasher and they had to wash by hand, would they still want to rent it?
I would suggest looking at other low income housing in the area and see what they have to offer and just make sure that you are one step above that. In my experience, with low income housing, tenants don't know how to us a dishwasher or even expect one. I agree with Jon that the garbage disposal is just another item that will brake. Therefore since THEY DON'T EXPECT IT, SO WHY GIVE IT TO THEM. Save your self the hassle and the money and don't put either one of them in unless the market around you demands it. If that is the case, one month loss of rent cost more then a dishwasher and a garbage disposal, therefore you can add them to your properties if you have to.
I just found someone else put in an offer. I wish I had just made my offer instead of d*cking around and going back to that house 5 times. It pays to be able to make a quick (but educated) decision in this game.
Lesson learned, I guess. But 5 times? Just take pictures of everything with digital camera for crying out loud. Now, imagine if you had to have a realtor accompany you on each of those visits, and then no offer was even placed ...
I grew up in a house with no GD and no dishwasher. When we asked why we didn't get a dishwasher, my dad always said he already had four. The first time I had one was when I graduated from college and we moved to the big city. If you don't have a disposal you just don't put stuff down the drain. Even with a dishwasher, you have to use it correctly or it jams up.
Five visits, Bienes? My method is I make one quick walk through the house to decide if its worth a closer look. If it is, I look more carefully and take a bunch of pictures. I take pictures of all the trouble areas like sinks and toilets. I'm usually in and out in 10-15 minutes. That's the only visit unless I get an accepted offer. But I often look at those pictures again and again. Sometimes I hear back months later that the house is available again. The pictures let me review the house, and decide if I want to make another offer. The offer always has an inspection contingency, so if they accept, I can go have another look.
I bought one of my rentals after only peeking in the windows. I bought the house next to my mother in law's house without even seeing it. She had bought it at the sheriff's sale, and my brother in law had owned it 10 years before, so I had some idea of what I was getting. But it was still a shocker once I got inside. Who in the world would steal the knobs off the cabinets?
Well, I live only 2 miles from that house so it was easy to go back multiple times. Having said that, taking this long to decide on an offer doesn't seem to be working in my favor.
Bienes, just count this as some of your homework in getting into rentals. It's much better to lose a good deal than to get a bad one! Study the rental market closely and check sold pricing on rentals for the past few months. This is the only way that you can see a viable deal and act on it with confidence that you can profit from the investment.
Bill
Bienes, just count this as some of your homework in getting into rentals. It's much better to lose a good deal than to get a bad one! Study the rental market closely and check sold pricing on rentals for the past few months. This is the only way that you can see a viable deal and act on it with confidence that you can profit from the investment.
Bill
Yeah, at least I know about cabinet mold and garbage disposals now now :cool: I've started bringing my ladder with me too, so that I can look at the composition of the ones with flat roofs and have that information ready for my insurance quote.