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Updated over 4 years ago on . Most recent reply

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Shilpa Shah
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Updates to improve rental property value

Shilpa Shah
Posted

Hello Folks ! This is my first post and we bought our first rental property in Everett WA state. I am looking for ideas on what pays the highest returns for upgrades in rental properties. If there are any contractors/ investors in WA state happy to connect. 

Could use some help/guidance on what kind of updates we should make in the kitchen and bathroom ? 

Thanks

Shilpa

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Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
2,321
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Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
Replied

Hi @Shilpa Shah bahin!  Welcome to the BP forums and to the investment game that pays you to play!

I find that improvements in paint, kitchens, and bathrooms yield the most bang for my buck.  Specifically:

  1. A fresh coat of paint makes everything cleaner and nicer
  2. Fresh, Clean kitchen appliances have a "wow" factor
  3. Stone countertops have a wow factor 
  4. Stylish bathrooms pop

So, as I have opportunity I like add value in these ways. 

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