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Updated almost 6 years ago on . Most recent reply

User Stats

4
Posts
3
Votes
Joseph Russell
  • Rental Property Investor
  • Charlton, MA
3
Votes |
4
Posts

How to renovate an occupied unit?

Joseph Russell
  • Rental Property Investor
  • Charlton, MA
Posted

I would like to renovate the units in my fully rented 3 family. Just to renovate, make it so there are less repairs down the road and increase the rent. Rent in my area is increasing and i don’t feel like i should increase my long term tenants rent because i haven’t updated any of their units. It cash flows every month but i don’t if it would be a good idea to try and squeeze more money out since the market keeps going up.

Any thoughts?

How would i go about renovating if the units are occupied?

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