BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago on . Most recent reply
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What are the best rehab investments when looking to BRRR
My husband and I just purchased a 1957 single family 3br/1bath home with a detached garage and large backyard. We're looking to BRRR it. It came in pretty good condition, but we're looking for ways to increase its property value for when we refinance it. We're currently working with a landscape designer to make the front and back yards pop because they came pretty bare. We don't have the budget to do a full kitchen/bath remodel but are looking for tips for a budget friendly remodel. We'll be converting the detached garage into an ADU as well. Any advice is helpful, thank you!
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wow @Brian Miller that's all great advice, thank you! We're planning on doing a lot of this, but I specifically love the note on putting more money into the front yard. It was ignored by the previous owners and I have my landscape designer working out a plan to turn it into a fully enclosed private oasis perfect for a morning cup of coffee. Extra seating areas, score! I'm contemplating some ship lap or trim on some of the walls, but that's lower on my priority list compared to some of the other awesome updates you mentioned. Thanks again!