Investment Property Update

September 4th, 2007 by Grant in: Real Estate, Rental Property
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Now that I have things on cruise control with my rental house, it’s time to start putting some money into it.

Last week I contracted out a tree service to have the tree removed on the property line. I generally hate to remove good trees, but this one is right on the property line growing up through a chain link fence, and even worse, it was growing up through the electrical service lines to the house. That spells disaster when the limbs freeze up and take out the power to the house.

While they were at it, they ground out a second stump in the middle of the back yard.

All told, the bill was $800 once it was all said and done, but I think it was worth it, as the job is part of an effort to create a little curb appeal.

I really haven’t had any problems with the tenants, and I’m getting rent on time, which is a positive note.

Next, I’ll have some guttering replaced and some rotten wood trim replaced around the outside of the house, hopefully before the fall storms start kicking in.

A little over seeding this fall, and an additional landscaping project to add some color, and hopefully by spring I’ll have a good looking unit.

Along those same lines, I’ve contracted out a lawn service to mow the grass every other week. This eliminates the burden on the tenants, and alleviates my anguish of doing it myself.

It’s all coming together, slowly but surely…

One Comment

  1. Adventures In Money Making

    how about some pictures.

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