Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago on . Most recent reply
Impact of new vinyl siding vs. painting existing on ARV
Hi All - in the process of rehabbing a property that I will plan to cash out refi once done. I've got an option to scrape & paint the current siding for $6K (I believe it's wood), vs. do new vinyl siding for about $15-16K. Not clear if the ROI is there on vinyl siding to bump the ARV vs. just painting, and would be curious on others opinion. The property is in Muskegon, Michigan, which can have some harsh winter weather.
Most Popular Reply
Drew Sygit
#2 Managing Your Property Contributor
Property Manager
Agent
Pro Member
#2 Managing Your Property Contributor
- Property Manager
- Royal Oak, MI
- 5,389
- Votes |
- 8,757
- Posts
Drew Sygit
#2 Managing Your Property Contributor
Property Manager
Agent
Pro Member
#2 Managing Your Property Contributor
- Property Manager
- Royal Oak, MI
Appears you are planning to rent it.
If so, then delay any major capital expenditures that won't have an impact on rental income.
Best to do major capital expenditures, if possible, right before you sell.
- Drew Sygit
- [email protected]
- 248-209-6824
Logical Property Management.
1 Review
5.0 stars