09-13-2009, 04:44 AM
First question to ask is why did the renter leave after 5 years? That answer may be important to your question.
Beyond that, what could you do as a landlord to improve the place to achieve a higher rent? If you added a washer and dryer, the electric would go up, but would the added convenience for a prospective renter add enough for a decent payback time on your additional investment?
Beyond that, what could you do as a landlord to improve the place to achieve a higher rent? If you added a washer and dryer, the electric would go up, but would the added convenience for a prospective renter add enough for a decent payback time on your additional investment?