Thread: sweat equity
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Old 05-20-2013, 08:25 AM   #6 (permalink)
Lohman446
MCBs armed pacifist
 
Join Date: Jun 2009
Location: West Michigan

Quote:
Originally Posted by CJOttawa View Post
We rent an apartment but there have been a lot of little projects we're able to do ourselves. The landlord has even reimbursed for some that add value to the unit.

For example: we installed a pressure-balanced shower valve a while ago as the old one would scald us when anyone in the building flushed a toilet. New one: perfect temperature control. The landlord was so happy with the job, he even kicked back a bit extra as a thank you, since we saved him a lot of labor costs and were frugal with materials.
When my father used to own a couple rental houses (he never intended to be in the rental business but they were effectively "place holders" for later projects) he would routinely trade improvements for rent. Renters who had invested their labor into their house would find a house they were much happier in and generally be much easier from his end.
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