Do Real Estate investors prefer cosmetic or full renovations?

[Anton Watt]

I meet with Sellers everyday as a real estate agent that have both sides of this spectrum. Some are very light rehabs but more expensive. On the other hand homes that need full rehab are cheaper but need much more work which come with higher renovation costs. I tend to sell both the same but moving forward I want to focus more on one or the other. Which do my fellow BP members think are more attractive to investors?

[Christian Wathne]

Personally I prefer to buy homes that have not yet had any work performed; old original condition is my favorite.

In my opinion, Typically if sellers perform any work on the property it's a: done poorly, b: not the style I'm going with for the whole renovation, c: the sellers then generally look for a higher price.

I prefer a larger project