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Updated almost 7 years ago on . Most recent reply

Addicted to ROI: How To Renovate Your Rentals Like A Boss
3 Replies
- 05/30/18 06:00PM - 08:00PM America/Los_Angeles
- We'll be meeting in the private room in the far back left , Total Wine & More 2701 184th St Sw Ste 108B Lynnwood, Washington 98037
- Free
Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. There may be pitching of products, services or properties at this event!
So you found a great value add property - and now it's renovation time!
Wondering if you should replace the cabinets with brand new, or paint what's there and throw on a new counter top?
Are the best counter tops laminate, tile, granite, quartz, concrete or that farm house style wood look?
Is carpet better than laminate, or should you use luxury vinyl tile which costs more, but is "indestructible"?
Those partially fried & sticky baseboard heaters - should they get bleach wiped or should wall heaters get installed?
How do you even know what a renovation would cost while you're evaluating a project?
Will you hire out the contractors and manage the project yourself, or look for a GC who will manage the whole thing?
How does this even work if you're investing out of state?
If you've ever found yourself asking these questions then this meet up is for you! Melek Bohuta with Property Doctors LLC will be sharing his knowledge on what types of materials to use, how to spend money where it's most necessary, and how investors can get renovations done quickly and with little time involved. Melek is a favorite general contractor of many local investors, and he's renovated a lot of rental properties over the years and understands the investor perspective (whatever generates the highest ROI with the least amount of repairs needed down the road).
We'll also hear from other investors who take a more DIY approach to renovations, and how they are able to save money by managing their own renovations and hiring out subcontractors, even with out of state investments!
Also, if you're out there looking for deals we'll be showcasing deals from multiple markets across the US. Whether you're in the market for Single family rentals, multi-unit properties, or apartment complexes we have some great in & out of state options.
This is a great meet up for anyone who owns rentals or plans to buy rentals that may need to be renovated to generate higher rents OR if you are a contractor or subcontractor who is looking to network with real estate investors.
• What to bring
Business cards for networking, pen & paper for taking notes if you're into that
• Important to know
While we are meeting in a wine store, they don't allow the consumption of alcoholic beverages in the room and every attendee will need to be over the age of 21. We will have some snacks provided by Caliber Home Loans and other non-alcoholic beverages.
**PLEASE RSVP ON MEET UP AS WE DO HAVE A LIMITED NUMBER OF SPOTS**