Basement Rental

Basement is finally finished and ready to rent out!

 Separate Entrance. We will doll up the curb appeal next Spring.

 Backyard patio the tenant has access to. They will have their own little patio in the Spring when we have the funds to put up a fence with a gate. Will post pics of the patio shortly.

 Front door access. This is the living area. This is the wall we added with french doors. They can use this as a second bedroom or office. We did the french doors, so the tenant can use both rooms as a main living area if they want. We chose a light colored tile to mesh with the gorgeous wood panelling:/ It actually has grown on me!

 Second bedroom with a fake fireplace. Yes, the fireplace is just for show! It was sealed when we bought the house. We were thinking about putting an electric fireplace in there when we were ambitious in the beginning, but then the basement budget quickly caught us off guard and we decided to just leave it as is.

 Bedroom #1 with closet space

 The washer/dryer. The kitchen is huge so we put this in the corner. It worked out well.

 The bathroom has double sinks but only has a walk in shower with no tub. These mirrors were brown and in our main living bathroom and a room upstairs (random). We painted them white to match the trim and cabinets.

 Can you tell which cabinets are new :) We replaced old old metal cabinets and a rotten sink with these new ones. The countertop is new as well. We replaced all the handles too. 

A big must have for us when we were looking for homes in SLC was a basement that could be used as a mother-in-law apartment. The basement needed A TON of work but we were up for it or rather willing to spend the $ to get it ready :) We got all new flooring (had brown carpet), painted and touched up all the rooms, added a second bedroom/office, new cabinets and sink, new toilet (craigslist find for free), tiled kitchen counters and used tile as backsplash, added custom blinds, updated and grounded all the electrical outlets, new light fixtures in all the rooms, and plumbed for a washer/dryer for tenant. It took longer than expected but we have a renter now and get $695 monthly. The biggest lesson we learned during the remodeling process, is you always have to consider electrical, plumbing, and HVAC work may need to be done as well. I love this type of stuff and hope to become a landlord of many more properties. You cannot beat someone else paying your mortgages and having your money work for you instead of you always working for $! From the mouth of Scott McGillivray (Income Property).. "Taking checks to the bank!"