BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 2 years ago on . Most recent reply
Typical rehab items/strategy to maximize ARV
Hello, I recently closed on my first (duplex) property in Cleveland to BRRRR. The property is in decent shape and requires medium rehab. As a newbie to this, I'd like to know what are some ‘typical' rehab items/strategy to maximize ARV while keeping the rehab cost low. Any advice from investors and contractors would be greatly appreciated. Thank you in advance.
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Congrats on your first property! Hard to say without more details, but newly finished kitchens and bathrooms would be my first priority to maximize ARV. Paint is probably a must. Flooring, maybe new cabinets (or new paint/finish on the existing ones) as well. Updated doors, locks, toilets, and light fixtures if necessary. Good luck!