Sunday, July 17, 2011

Equity of rental property, choosing a higher end roof?

We need to roof one of our rental properties. I am getting a quote from Hy Grade Roofing. How much equity would that add to the rental vs just regular shingles. If I decide to sell, would this be a major incentive, as the property owner would not have to roof the house for at least 50 years, and it is guaranteed. (I may decide to sell in the next couple of years).

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