232: The Best Kind Of Flooring To Put In Your Rentals
Learn why luxury vinyl plank is a cost-effective, low-maintenance choice for rental properties compared to hardwood floors.
The DealMachine Real Estate Investing Podcast · David Lecko
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Show Notes
In this episode, we dive into the pros and cons of using luxury vinyl plank (LVP) versus hardwood floors in rental properties. Learn why LVP is a go-to choice for cost efficiency, low maintenance, and durability compared to hardwood. We break down the cost differences, discuss installation tips, and share how flooring decisions can impact your BRRRR strategy.
KEY TALKING POINTS:
0:00 - Introduction
0:16 - Difference 1: High Vs Low Maintenance
1:20 - Difference 2: Water Damage Vs Waterproof
2:04 - Difference 3: How Long The Floors Will Last
2:34 - Difference 4: Hardwood Can’t Be Used In Bathrooms/Kitchens
3:16 - Difference 5: The Difference In Price
4:09 - Some Extra Things To Note
5:27 - Analyzing Repair Costs
7:47 - Outro
LINKS:
Instagram: David Lecko
https://www.instagram.com/dlecko
Website: DealMachine
https://www.dealmachine.com/pod
Instagram: Ryan Haywood
https://www.instagram.com/heritage_home_investments
Website: Heritage Home Investments
https://www.heritagehomeinvestments.com/