Will be rehabbing my first rental in Dec. My question is; which would be more beneficial in the long run? Vinyl flooring or carpet in bedrooms.
It depends on your market; check the other rental properties currently on the market that are similar to yours...what do they have for flooring and what is the difference in rental price. I find in my market that people either love or hate it...there's no in between. Let the market tell you which way to go and if one is financially better than the other from a ROI.
Congrats on your new property...
Thank you Patricia
I agree with Patricia but here's what I'll tell you from my experience. Carpet will help the house feel warmer in the winter. It also is quieter when people are walking around. This is good if you have a multi-level unit. The problem with carpet is it stains. Yes you can buy stain guard carpeting which costs a lot more but to keep the warranty you have to have them professionally cleaned once a year. In our rental we installed carpeting in the bedrooms and the stairs to the bedroom and we installed the new waterproof laminate hardwoods in all the common areas. They look beautiful! The new "hardwoods" are getting better and better every year and come with a great warranty.
Thanks, I'm going to price match a couple places for best deal.