Converting a garage to a bedroom.

[Andrea S.]

Hello we inherited 2 properties a few years ago which really got us interested in rental properties for long-term investments. I would like to get some responses on some changes we are considering making to one of the properties.

Property one has had miner updates and rents for 1155 per month. Is a 4 bed 2 bath 1800sf house.

Property 2 had not been updated in 20+ years and is a 3 bed 2 bath 1400sf house. That currently rents for 800.

Property 2 needs new flooring throughout and new countertops in the kitchen and baths. We are considering also converting the garage into a bedroom. Our property manager has said the bedroom and square footage is what makes the real deferens in rent. The houses are not far from each other and are in comparable neighborhoods and schools. After new flooring and countertops and paint or property manager thinks we could get $890 for rent leaving the garage as is.

We owe nothing on this property and have not put any money into the property since we got it. I was just wondering what are something to consider when converting a garage. Is it worth it? Will it hurt the resale value?