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Updated almost 6 years ago,

User Stats

66
Posts
18
Votes
Valerie Smith
  • Rental Property Investor
  • Fernandina, FL
18
Votes |
66
Posts

Painting cabinets-BRRRR return on investment

Valerie Smith
  • Rental Property Investor
  • Fernandina, FL
Posted

Looking at a duplex listed for $106k to BRRRR. We think it could maybe appraise around $130k ARV. It's in a B neighborhood. They have 90's oak cabinets with off-white Formica countertops. One thought is we don't want to paint because of the wear & tear of painting & upkeep with renters. (Repainting May Be required every time someone moves out). BUT when looking to BRRRR does painting them give a GREAT return on investment? We don't want to overdo this duplex for the area & I really don't want to repaint them every few years. Plus if we paint cabinets then we may need to replace the counters since they have wear & tear. THOUGHTS?

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