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Started By
Message
re: How much does rent increase with extras in a rent house?
Posted on 7/11/17 at 8:15 am to shoelessjoe
Posted on 7/11/17 at 8:15 am to shoelessjoe
quote:
Does the central AC and heart add value.
It's 2017 not 1956... shouldn't central AC/heat just be a given?
Esp in LA?
Posted on 7/11/17 at 9:38 am to lsunurse
quote:
It's 2017 not 1956... shouldn't central AC/heat just be a given?
Yea, I'm not sure that central AC and heat counts as an extra in 2017. I wouldn't leave any furniture there unless the tenant requests it.
Posted on 7/11/17 at 11:01 am to Barneyrb
quote:
I have several rental properties in decent neighborhoods and have always used the formula of $.50 per square foot and then round up or down some. 1450 sq ft x $.50 and I get $800/month
lmao then you are NOT renting in decent neighborhoods. You should be renting at $1.00 per sq ft. on average.
Posted on 7/11/17 at 4:26 pm to tigerbutt
quote:
lmao then you are NOT renting in decent neighborhoods. You should be renting at $1.00 per sq ft. on average.
Garden district of West Monroe, our area doesn't support any more than that.
Posted on 7/11/17 at 4:28 pm to lsunurse
quote:
It's 2017 not 1956... shouldn't central AC/heat just be a given?
I would think so.
Posted on 7/11/17 at 4:29 pm to Barneyrb
quote:
Monroe
Well that makes sense then. My bad.
Posted on 7/11/17 at 4:33 pm to tigerbutt
The location also explains the thinking that central AC/heating is some fancy extra that adds value 
Posted on 7/11/17 at 5:03 pm to lsunurse
Reason I stated central AC/ heat was that the rent house in neighborhood does not have that. I have spoken to some renters and they have said in past that they would use window units. I just thought it made a difference.
I also spoke to a lady that is a property owner and rents out and was told to ask a little lower than normal because it keeps a tenant there rather than just for a period of time. Keep tenant happy and it's a steady income.
I also spoke to a lady that is a property owner and rents out and was told to ask a little lower than normal because it keeps a tenant there rather than just for a period of time. Keep tenant happy and it's a steady income.
Posted on 7/12/17 at 2:16 pm to tigerbutt
quote:
I use to have a fridge in it but every tenant would generally have their own and request not to use the one I had so I got tired of moving it in and out.
I call bullshite but whatever.
People who rent aren't going to have their own appliances just laying around as they go house to house.
Posted on 7/12/17 at 2:19 pm to shoelessjoe
Sell the house. Don't be a landlord.
Posted on 7/12/17 at 2:19 pm to Tres7139
quote:
I call bullshite but whatever.
People who rent aren't going to have their own appliances just laying around as they go house to house.
If you are renting to college students I agree but most adults will have their own appliances
Posted on 7/12/17 at 2:21 pm to shoelessjoe
not extras, you're supposed to be renting a livable place, why not just sublet a mini warehouse to them? 
Posted on 7/12/17 at 2:22 pm to shoelessjoe
quote:
I also spoke to a lady that is a property owner and rents out and was told to ask a little lower than normal because it keeps a tenant there rather than just for a period of time. Keep tenant happy and it's a steady income.
There are a plethora of things that could cause a tenant to move out of a property. Unless you are trying to get them to sign a 2 year lease, you need to ask what full rental value should be. That lady gave you terrible advice, as being lower than normal will attract nothing but trouble for you.
Posted on 7/12/17 at 2:24 pm to yellowfin
quote:
If you are renting to college students I agree but most adults will have their own appliances
I would say for the majority of the rental properties in the US, that is blatantly false.
Posted on 7/12/17 at 2:41 pm to DCtiger1
Apartment maybe but houses no way
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