Should I Have Wood Flooring or Carpet in a Rental Property?
Recently we had some tenant turnover in one of our rental properties. Unfortunately they left the place in a mess, and we had our work cut out for us as we cleaned up a ton of garbage, cleaned, painted the entire home, and did some odd repairs.
Although most of the carpet could be salvaged with a good cleaning, the living room carpet was left in horrible shape. Since we discovered hardwood floors underneath the carpet we were left with a decision: replace the carpet with new carpet, or refinish the wood flooring underneath.
After pulling up the carpet, and checked that the wood flooring was in relatively good shape we decided to go with refinishing the wood flooring.
This video shows our decision making process.
What To Do After Deciding Should I Have Wood Flooring or Carpet in a Rental Property?
Although refinishing wood flooring can take several days to almost a week to do, it is not all that complicated. It can be boiled down to several steps:
1) Remove the old carpet (if any)
2) Remove staples and nails sticking up (to prevent from damaging sandpaper)
3) Clean the floor of debris
4) Sand the floor starting with a very course sandpaper. Make sure to sand the edges too.
5) Clean the floor of sawdust
6) Stain floors (if desired)
7) Apply 2-3 coats of poly. Ensure plenty of time to dry between coats.
The following video goes into detail about refinishing the wood floors.
For more further reading please check out How to Find a Good Handyman to Add to Your Rental Properties Team.
Disclaimer: This commentary is a matter of opinion provided for general information purposes only and is not intended to be taken as investment or trading advice under any circumstances. Information and analysis above are derived from sources and utilizing methods believed to be reliable, but we cannot accept responsibility for any losses any person may incur as a result of this analysis. Individuals should consult with their personal financial advisers. By using this web site or any information contained in it, the user specifically and expressly agrees that no advisor-client relationship is created between said user and any author, owner, executive, or principal of this web site by either use of this web site, or by any information, product, or service offered by or on this web site. No express or implied guarantees or warranties as to investment or trading results are made, and any perceived insinuations of such are hereby expressly disclaimed.