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Updated about 6 years ago,

Account Closed
  • Rental Property Investor
  • Austin, TX
176
Votes |
280
Posts

What do you consider a "Cosmetic" fix and what do you not?

Account Closed
  • Rental Property Investor
  • Austin, TX
Posted

I've been listening to the BP Podcast since 2014 but, due to a serious of detours,  I'm just now getting started this year at age 36 after reading Rich Dad Poor Dad. It really set a fire under my A**! I set a goal of owning 4 cash flowing SFHs this year and so far have 2 under my belt and one currently under contract. The first two were mild rehabs but this third one, which I am implementing the BARRRR method on, is in a bit rougher shape. Overall, the HVAC, Roof, Foundation, Electrical, Plumbing and all other major systems are in good shape and it is livable; the property just needs all new cabinets, flooring, painting, doors, and fixtures. 

While I consider much of this cosmetic, others may not so I'd like to hear your thoughts on what you consider cosmetic rehab and what you would not!

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