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Updated over 5 years ago on . Most recent reply

User Stats

38
Posts
21
Votes
Kristi Wolfe
  • Real Estate Agent
  • Palatine, IL
21
Votes |
38
Posts

New roof/siding- higher rent?

Kristi Wolfe
  • Real Estate Agent
  • Palatine, IL
Posted

Cha-ching! We have a rental property- a townhome. We rehabbed the interior, and we just got a letter from the HOA indicating that we're getting a new roof and siding- paid for in full by insurance! Work is being done in late spring, current tenant is moving out in July. Can we expect to get more in rent with these exterior improvements? (We're pretty new at this still)

Thanks!

Most Popular Reply

User Stats

38
Posts
21
Votes
Kristi Wolfe
  • Real Estate Agent
  • Palatine, IL
21
Votes |
38
Posts
Kristi Wolfe
  • Real Estate Agent
  • Palatine, IL
Replied

@Bjorn Ahlblad Darn! I was hoping could squeeze a few more dollars in cash flow out of this! Well- at least the new exterior pictures in advertising for the property might help find a tenant quickly!

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