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Updated over 6 years ago,
How far to go with fixing up rentals? Best way of doing them?
So me and my wife have a real estate rental business lots of equity behind them. Question is im getting alot of projects coming up. Wondering if should do rental properties up to the max from the beginning or bare minimum? Does it pay off to gut them and do them up brand new or keeping the crappy stuff in them and have to deal with it one day? We have alto of turn around now and my main question is it worth making the upfront investment of doing them up completely? So maybe good for another 30 years? Thoughts? in Beginning we didnt have alot of capital to fix them up now we do and im thinking to expand and keep moving its right to do them right the first time? Thoughts please really would help me out that im in the middle of big projects now.