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Updated almost 6 years ago, 03/12/2019
Rental property updates
Hello everyone. I bought my first duplex last year (Owner occupied), so I’m relatively new to this rental business. The duplex I purchased is in good shape, and for the area, it’s more of a higher-end rental. I decided to give one of the bathrooms a little bit of an update (sink, vanity, flooring, paint, lighting) and turned out nice. My question is, how do you all decide on weather or not to do minor updates, such as, paint ((especially paint)), flooring, appliances, etc. the reason I ask is, I second guessed myself when I was done with the bathroom. Sure it looks a lot better, but, does it actually make a difference as far as attracting tenants, getting more for rent, higher appraisal value, etc. there was nothing wrong with the bathroom beforehand, it was just simply out dated (in my opinion). I’m just trying to figure out how to balance out the home side of things vs. the rental property side of things. Hope you all understand my question and have some input. Sorry about grammer and punctuation, I typed this on an iPhone and it’s really glitchy! Thanks