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Updated over 5 years ago,
The best ways to add value to a home (BRRRR strategy)
Hi BP!
So I'm in the process of looking for my first deal. Being that it's my first deal and things are bound to go south I'm looking to add as much value the property that I buy to create a bit of a cushion for my budget. What are the best value-adds that can be added on to a home? When I say "best" I'm referring to functionality and something that is much cheaper than the valued added to the ARV
Some value-add ideas I have now:
Add a bedroom
Add bathroom
Paved driveway (if gravel)
Laundry
Thanks for any and all input!