Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Turning Units in my Apartment
I have a couple of vacancies and I am considering putting some money into the current units. What is a good rule of thumb for ROI in updating units I can do the basic and invest 6k and get an extra $100 per month OR I could put 18k in and get an extra 275 per month. Is there a formula that any of you would recommend to determine the best course?