Rehabbing House W/ Appliances. Keep Them?

The house I just bought and started rehabbing has some appliances which doesn't look too shabby. It doesn't look exactly new nor modern, but it still works...the stove drawer is a bit crooked.

Should I keep those appliances (fix the slight problems) to use them for a rental? Or just buy new appliances with a new warranty?

Comments(4)

  • jam2002nd January, 2005

    Depends on the level of rental this is. If it's a 200k house, renting for 2k a month, I'd say replace them, but if it's just a basic house, I'd say keep'em, but clean them up really nicely, and be prepared to replace them when they break.

    Just my .02...

  • jam2002nd January, 2005

    Depends on the level of rental this is. If it's a 200k house, renting for 2k a month, I'd say replace them, but if it's just a basic house, I'd say keep'em, but clean them up really nicely, and be prepared to replace them when they break.

    Just my .02...

  • Robert_L2nd January, 2005

    It's a house dated 1949 but I am rehabbing it to update it.

  • mach303rd January, 2005

    There's a local investor (former coworker until he quit to do REI full-time) who's "showing me the ropes". I went with him to help him pick up stove for a property he was rehabbing a couple of months ago. The stove came out of another property that a different investor was rehabbing.

    To give you an idea of the condition of the stove, he got it for $25! Another $25 or so for new shiny drip-pan things and a little bit of elbow grease and the thing looks as good as new. Well...at least it's good enough that noone's gonna complain about it.

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