Rental Unit Upgrades

[Trevor Lofstedt]

Hello Bigger Pockets community,

My college roommate and I about to close on our first investment property! We got a good deal on a duplex in a growing neighborhood in Minneapolis, MN. We plan on living in one unit, while renting out the other. My question for you guys is where do you recommend making updates to a house built in 1908 to increase the cost of rent we can charge in the future?

I would like to put in new wood floors, but I have heard people are starting to just refinish the original wooden floors?

What other projects would you recommend for increasing the overall rental value of the unit?

All suggestions will help. Thank you!!