Does more money invested into rehab = higher ROI?

[Tony Nguyen]

Hi,

I've been rehabbing homes for about a year now and have only been doing paint and carpet for more of my properties - very light rehab work. I've been learning about other investors around the country who do EXTENSIVE complete renovations and getting pretty damn good returns.

I am debating of changing up my game plan and spending more money on rehabbing for nicer properties. Not only for a better portfolio but also for top dollar. My returns have been mediocre (average 10-20%) and I'm wondering if I did more extensive rehab, will I make more money? Would love to hear your thoughts - thanks!!