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Updated over 2 years ago,

User Stats

19
Posts
3
Votes
Saurabh Kukreja
  • New to Real Estate
  • Massachusetts
3
Votes |
19
Posts

PM suggesting to rehab the property

Saurabh Kukreja
  • New to Real Estate
  • Massachusetts
Posted

I am an OOS investor with my first property in Memphis. I have reduced the price but still have not gotten many applications.

In this 3rd month of the home still being vacant, PM suggested doing some rehab for the property to show better. 

Redfin / Zillow rent estimates are 1200 - 1450, My property for this week is listed below that at 1145.

PM suggests some light landscaping ( mulch and bushes ), Cabinet paint for Kitchen and Bathroom, and Changing countertop for the Kitchen and Bathroom. 

I am ok to spend money but I am not confident on approving this as I dont what "MY" property would look like after the changes. How do you deal in such situation with your PM. What can I do to get better hold of my PM and such rehabs in future also?

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