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Updated over 3 years ago,
Sell Rental as is or upgrade ?
Hello BP,
I own a rental property in the burbs and have decided to sell. Have a tenant leaving end of May, property needs total upgrade from kitchen, bathrooms ,appliances . Prices are up in the neighborhood around $300 K to $370k .
Question is should I wait 1 month to fully update my property and than sell or sell now as is ,
No mortgage on property, all cash , my cost was $220k
Also contractors are hard to find and finish the project on time
Also looking to leverage this cash into bigger portfolio
TIA