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Updated over 5 years ago on . Most recent reply
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Materials for Rental Properties
Hello Bigger Pockets members!
So since the beginning of this year (2019), I have decided that I want to start investing in real estate, specifically, "Rental properties". I have read a handful of books such as the Bigger Pockets:
"How to Invest in Real Estate", "The Book on Managing Rental Properties", & "The Book on Rental Property Investing". So I have gained much knowledge on strategies, commercial real estate vs Residential real estate, tenants, etc. But something I don't see a lot of is the specific discussions on what people use to rehab a property.
I have been looking around on 'Home Depots' website for materials in regards to flooring, paint, bathroom accessories, kitchen, etc. I scan through things however I obviously want to get the best bang for my buck on whatever it is I'm willing to purchase for my investment. To get more specific the property I am purchasing will be a 3 Bed, 1 Bath Bungalow and I am adding 2 more bedrooms and a bathroom. The property will be my primary residence & I am looking to rent out the additional rooms.
I want materials that will be LONG LASTING, ENERGY EFFICIENT, & DURABLE (Tenant Proof).
I think this discussion can benefit a lot of people because if one things for certain, its the fact that almost every house needs a rehab when purchased or soon will require a rehab. It is super helpful to understand when heading into a Home Depot what it is you should buy and what will last you DECADES! This essentially will reduce your long term maintenance cost's & keep more money in your pocket when the rehab is in progress as well as down the road.
Thanks.