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Updated over 1 year ago on . Most recent reply
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Washer / Dryer / Appliances
Closed on first unit. 35k purchase price, looking between 15-20k in repairs, and looking to BRRRR property. It looks to cashflow $450, so there is wiggle room to add more if it helps long term tenancy. As the home sits it has old/very old kitchen appliances and washer/dryer hookups, no units. My question is, should I update kitchen appliances and/or bring in a washer/dryer or have the tenants bring their own? Does anyone have experience/stats on what would be best?
- Clay White
Most Popular Reply
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definitely update the kitchen appliances.
washer and dryers are easy to rent for tenants. (there are usually place that allow you to rent units for $25-45/mo)
i used to be a tenant and i used to rent washer/dryers when i lived in an apartment but eventually bought one when i rented at SFH!