How do develop a sense of what increases value.

[Samuel Hall]

Hey friends,

When rehabbing, you obviously want to maximize the value of the property. How does one develop a sense of what adds value to a property? are there any hard and fast rules? or do you develop a general sense with experience?

[Ned Carey]

Go out and look at 50 rehabs done by other investors. you will see the good, bad and the ugly. Learn you market and what buyers (or tenants) expectations are. You do that by  visiting lots of properties. 

In general kitchens and bathrooms make the most pop for the dollar. Overdeveloping for your neighborhood may help sell faster but may not  get much higher of a price.