Top ROI for Single Family Flips

[Winson Zhi Jie Zheng]

Hi BP family,

I am a new investor looking to expand into fix and flips in California with financing and construction team in place. I received incredible advice on my last post and completed a series of case studies in the SF Bay Area.

I wanted to dive deeper into the community's recent experiences about renovation items with stronger ROIs and appeal to end buyers. What are the no-brainer upgrades in a fix and flip?

Thanks all!

[Paige B.]

Kitchen and Bathrooms are the most important by far. And exterior curb appeal is veryyy important. 

[Wilson Lau]

It's oftentimes the small details that get overlooked - light switches, lighting, trims, closet doors, and if applicable fireplace mantel...Also don't forget about picking a harmonious color palette!

[Peter Mckernan]

1. Scrap the ceiling in all rooms (remove popcorn)

2. Paint cabinets instead of replacing (dependent on the area, see this work in many markets, instead of paying 2x-2.5x the cost)

3. Updating hardware and fixtures in bathroom and kitchens

4. Updating appliances

5. Recessed lighting, switches and outlets