Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago,

User Stats

28
Posts
7
Votes
Zack Elaroussi
Pro Member
  • Rental Property Investor
  • Austin, TX
7
Votes |
28
Posts

Sell as is or make improvements

Zack Elaroussi
Pro Member
  • Rental Property Investor
  • Austin, TX
Posted

Hey guys!

Seeking advice.

My mother is in a tough predicament and needs to sell her home ASAP.

I am a licensed agent, so I will be listing it and know it will sell fast.

The problem is it is extremely outdated and realistically she can probably get around $215K right now AS IS.

My question, do I list and sell as is or do I take out a loan to make improvements (I.e , new kitchen , appliances, bathrooms, floorings ,

Paint etc). If the property is fully redone we can sell for $280-$300K

Based on the work I want to do, do you think it would make more sense to sell as is or complete the improvements and sell remodeled?

This is a condo by the way.

  • Zack Elaroussi
  • Loading replies...