There are a few rental properties in my portfolio that are located on the Green Mountain Ridge.
My family and I have owned the property for 50 years.
Over the last 10 years I have tried to make a lot of changes so we can rent the properties for more money. The last property to receive renovations is one of my favorite pieces of land. There is a 2 bedroom and 2 bathroom cabin on the land. Inside of the cabin, there is a large stone fireplace with an old wooden heart. The heart is made from a piece of cherry wood that was hand carved by a person in town. With all of the wonderful amenities in the area, I knew I would be able to get more rent if I made a few small upgrades. I decided to make some upgrades to the living room, because I felt like the fireplace was the focal point inside of the cabin. I bought some new furniture and put a Fresh coat of paint on the walls. I added a 65 inch television to the wall adjacent to the fireplace. I also made some adjustments in the kitchen and fixed areas around the porch so everything was safe and sturdy. After everything was finished, I placed an ad in the newspaper to rent the property. I was charging $750 each month, and I decided to see if I could get $1,000 each month in rent. On the first day I placed the ad in the newspaper, I had over 70 responses from folks that wanted to come view the property.
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