Increase subject to improvements value

[Tracy Graham]

Pretty good laminate countertops already in home.  Purchased for 72k. Would like to add some value for “subject to improvement” appraisal to pull equity.  
Granite? Quartz? Leave the existing ? 

[Kevin Sobilo]

@Tracy Graham, for a flip that would probably make sense, but for a BRRRR it probably depends on the type of rental. A rental in the B/C class, I would say no. Maybe an A class rental.

The reason I say that is you are destroying value (perfectly decent countertops) to make try to add value. Most good BRRRR value-add improvements are taking something nonfunctional or significantly distressed or dated and making it decent and more modern.

I also would not gear the scope of work on my rehab to try to get more from the appraisal. I have to hold and maintain that property for years. So, I generally work with what's there and try to add low hanging fruit amenities where possible. Add a dishwasher or microwave hood. Add a laundry area with included washer/dryer.