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Many owners make the mistake of purchasing a high grade of carpet because it looks good. They then try and recoup some of their high grade carpet costs by going cheap on the carpet pad. Good carpet pad makes all the difference in the world. What you need to do is just the opposite. Use a higher grade of rebond padding with a medium-grade carpet.

The most common problem owners have with not being able to rent their homes is caused from a bad looking carpet.

Remember, prospects aren’t dumb. In fact, they are probably smarter than we are.

If the carpet is old, badly worn, or stained and damaged you need to replace it. One of the first things that knowledgeable prospects look at is the carpet. Carpet goes beyond just utility value and also includes decor value. Just make sure that you replace carpet last, after the painters are done.

I recommend you put in a nonsculptured carpet with short fibers in one or two neutral colors. From my own experience, this type of carpet as the broadest appeal.

To further lower your carpet costs buy in bulk. Purchase carpeting by the roll and place in storage for (more…)

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So you bought a second home and decided to rent one of your homes, but you don’t know if you should do it. The first step in figuring out if you should rent the house is to figure out your expenses, also known as the nut. The nut is the cost of keeping your house going, which includes mortgage payments, utilities, repairs, taxes and any other monthly cost.

The second step is to figure out a rent price. This price must be a competitive price for the area. It should be more than your “nut” and you should be making a nice profit, however, it should be a price appropriate for your area.

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