BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 2 years ago on . Most recent reply
Duplex BRRRR Layout: WWYD?!
Im renovating a duplex with the goal of BRRRRing it. What would be the better layout?
4 beds and 1.5 baths per side with 2 bedrooms in the attic? (4th bedroom would be tiny and be used most likely as an office)
v.s.
3 beds and 2 baths per side with a master suite in the attic and first-floor washer and dryer?
Would an appraiser value a 2nd full bath the same as a 4th bedroom?
My initial reaction is that the 3 bed 2 bath would be more desirable to both tenants and potential buyers in the future. 4th bedroom would be purely for appraisal value, push comps, and increase rental potential. Comps are a mixed bag of 3 beds, 4b beds, and 3beds with an attic rec room that's marketed as a 4th bedroom.
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Would 1.5 baths be enough to comfortably accommodate a family large enough to occupy 3-4 beds? You can absolutely juice your rent potentials by offering more living space, but new bathrooms are an undeniable value-adder. I'd think there would be overall more of a market for the 3/2.