Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

Account Closed
  • Accountant
  • Panama City Beach, FL
18
Votes |
49
Posts

Capital Expenditures to Increase Rent

Account Closed
  • Accountant
  • Panama City Beach, FL
Posted

I'm currently comparing two 4-plex units. Each unit contains 2 bedroom and 1 bath units and are comparable in square footage. Property A is in a better location, older, slightly outdated, and each unit is renting out for approx. $525 per unit. Property B is slight out of town, very new, units are much nicer, and each unit is renting out for $675 per unit. Average rent for a two bedroom apartment is about $600 a month. 

What are the most cost effective capital expenditures that you have done to increase rent? 

Things I'm considering implementing are minor kitchen updates, minor bathroom updates, and laying hardwood floors. 

Anyone have any thoughts? Anything that I'm not considering?

Loading replies...