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Updated 10 months ago, 02/13/2024
How much should I spend on renovations on average?
Title says it all. Since I am starting out, I am just curious about how much you guys spend on renovations or if there is a rule of thumb? I want to calculate it as a percentage of the purchase price that I can apply to different properties with different situations. This will help me so I don't spend too much on renovations.