Flooring can be one of the more costly things when dealing with rental property, so finding a house with hardwood floors can be a huge money saver in the long run.
How can you tell whether a rental house you are looking at has hardwood floors if they have carpeting and vinyl everywhere?
In this video, Suzanne Hunn shows you a quick little tip to see if there might be hardwood floors under other layers.
Transcript:
Hi everyone, it’s Suzanne over at FasterFunds Lending.
I’m here with you for walking through a rental house. So, we’re over in Florissant, and our borrower found an amazing rental. It’s a three-bedroom one-bath house that honestly, outside of some of the stuff that you see in this room and some stuff in the bedrooms and basements.
There’s not much to do besides painting and a few minor tweaks.
But when you’re walking through a rental, it’s good to always think about how you can maximize your budget and save the most money so you’re not dumping, you know, tons of money into a new rental purchase.
So, something you can always look for is hardwood floors. A lot of houses built in the 60s and 70s, you’ll find hardwood typically in the living room, down the hallway, and a lot of times also the bedrooms.
So, if you’re wondering if there are hardwoods in this house, how do I look for those? All you have to do is go to an air return, go to a corner and pull it off and you can see there’s beautiful hardwood underneath this carpet.
And the nice thing is this carpet is really padded. So, the hardwoods probably been pretty protected and based off of the purple coloring of this carpet, the purple carpet has probably been here since the house was built.
So if you want to see if there’s hardwoods, lift up the air returns, you can also always open up a closet door, or if you want to know if it’s in the bedroom as well, you can do the same thing with lifting up the air return peeling back the carpet and verifying that there’s hardwood.
So that’s your tip of the day. Thanks for listening. And if you’re buying rentals, always remember to check for hardwoods, it’ll save you on maintenance money. Thanks.
If you are looking for rental property and need funding for the rehab and purchase give us a call to see how we can help you (636) 223-4262