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Updated about 4 years ago,

Dennis Grundmann's profile image
Dennis Grundmann's profile image
Dennis Grundmann
  • Property Manager
  • from Great Neck, NY
  • Member since Sep 16, 2020
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Dennis Grundmann's profile image
Dennis Grundmann's profile image
Dennis Grundmann
  • Property Manager
  • from Great Neck, NY
  • Member since Sep 16, 2020
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Dennis Grundmann
  • Property Manager
  • Great Neck, NY
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General Landlording & Rental Properties

Rehab- how much should I spend? Which improvements are a must?

Dennis Grundmann
  • Property Manager
  • Great Neck, NY
Posted

Most properties I find have BAD exterior siding, decent roofing, old fashioned kitchen cabinets, oil boilers, and etc.

Should I increase my rehab cost and make the investment property more rentable and sacrifice a higher Cashflow? If so, what % should be still considered reasonable?

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