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Updated almost 9 years ago,
Where to Splurge
Hey all! I am looking at some properties in, lets say, up-and-coming parts of Los Angeles. When estimating my renovation budget, I have a tendency to go towards picking things that are MY taste, but not necessarily the best ROI and definitely not the standard for the neighborhood.
When flipping - do you gravitate towards carpet/laminate over hardwood? Obviously more cost effective....
What about appliances - do you see an ROI on a refrigerator or washer and dryer? Or do you generally leave those things out and just put in a stove and dishwasher?
I'm justing wondering what people like to splurge on and where that they see a good ROI. Nice tub? Or cool kitchen backsplash? You know what I mean?