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Updated almost 9 years ago,
Kitchen Rennovation
I have three kitchens in my properties that have kitchens that look like this. Would you replace these cabinets and counter tops, or try to repair and repaint? There is about 15 linear feet of cabinets, and I will be adding a dishwasher.
The rents are $600 per month. I am budgeting $3000 per unit.
I am closing on the properties 2-26. My thinking is to get the renovations done now so that the units will rent quickly, I will have fewer maintenance issues going forward, and I can recognize depreciation for the repairs on sooner.