Dilemma Regarding Best Time to Renovate

[Nir]

Hi All,

I have a tenant in a 4-plex in Orillia who is moving out in about 2 months.

The corridor (hallway, stairs, floor, walls) leading to his unit and another unit is old and should be renovated.

Should I renovate the corridor/hallway NOW BEFORE he leaves so I can start showing the place with the newly renovated corridor
OR
should I wait with the renovation until after he moves out in order to prevent damage to the new entrance by an angry tenant who is going to move out but then I will not be able to show the renovated place to potential tenants prior to his move-out!?

In other words what is more important? renovating now so I can show a much better looking entrance to potential tenants but risk damage by an angry tenant during his move-out OR renovate later, less damage risk but perhaps smaller chances to find a good tenant before angry tenant leaves?

THANKS.

 

[tahani]

I would do the reno before(first look matters) but then again depends on how angry the tenant is ???

 

[Emil1753]

Do the reno now.

No use in wasting valuable rentable time while the unit sits vacant.

Be civil about it and the tenant should understand.

good luck.

Emil.

 

[invst4profit]

Definitely do it now.
Better in my opinion to have a upset tenant that is leaving than losing rental income or having a upset new tenant if you wait and reno after they move in..