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Updated 12 months ago on . Most recent reply

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John Mason
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Forcing appreciation by adding a bathroom a bedroom and pool

John Mason
Posted

Anyone in St Pete/Largo bought a 2 BR 1 BA house and added bathroom a bedroom and pool and forced appreciation to get good rates in STR or LTR?

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River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • USA
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River Sava
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • USA
Replied

Hi John - Kitchen and bathroom/bedroom upgrades and isntalls are typically considered the best ways to add value. When it comes to targeting specific renters, a pool will be favorable in terms of attraction but will not always have a great ROI as others have mentioned. You have to evaluate based on market, but there are other means of achieving forced appreciate that might make more sense.

  • River Sava
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