Got Keys - Need tips on cosmetics!

[Adam Craig]

Closed on my first property. This is a 3BR 1.5 bungalow in a B class neighborhood. I understand that when it comes to upgrades there are a lot of different options. But I would more comfortable knowing what experienced investors would do.

I plan on painting the whole house a subtle beige but do you guys all paint the baseboards white? Because that means I need to do windows to match. I will be paying a contractor approx $25/hour for work. So please tell me the most bang for your buck upgrades you would do to my houses kitchen...

[Bryan H.]

Originally posted by Adam Craig:

This is for a buy and hold rental.

You will have to look at the competition in the area. If you want to maximize rents you need to meet or slightly exceed what the market offers. Because the location of the house will pretty much determine the rent range, you don't want to over improve for the area.

So depending on where this is, I could recommend give it a good cleaning, fix anything broken and put up a sign. Another area I'd say remove wall paper, replace cabinets, install granite etc.

Look to the market to tell you what tenants will want/expect.