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Updated almost 6 years ago on . Most recent reply

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BRRR or rental first?

Martin Pelletier
Posted

Hi here is the question? a single familly house I want turn into rooming house need to be update. Should I rent first with minimum rehab or rehab first then rent?

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Ned Carey
  • Investor
  • Baltimore, MD
12,718
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Martin Pelletier welcome to BP. It depends on what it needs and what the marketplace expects as far as quality of property.

Personally if the place is empty when I get it Like to rehab to a nice level for two reasons. I want to attract the best tenants and I want to minimize repair issues once a tenant is in place.

  • Ned Carey
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