Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 7 months ago, 06/02/2024

User Stats

52
Posts
24
Votes
Taylor Holden
Pro Member
  • Rental Property Investor
  • Bartlesville, OK
24
Votes |
52
Posts

Carpet of vinyl for appraisal purposes!

Taylor Holden
Pro Member
  • Rental Property Investor
  • Bartlesville, OK
Posted

Hey all!

I'm just starting my first BRRRR.

I bought a great house from the foreclosure sale. It’s just cosmetically ugly. I was figuring on painting everything and laying all new floors as it has some ugly blue 80’s carpet in it.

I had another more seasoned investor come look at the property with me. He's never BRRRR'd so as he see it's the house is already fit for a renter.

I personally want to get the highest appraisal possible.

He told me that everything that was already ugly carpet would get me a higher appraisal if I redid that with nicer carpet rather then peel and stick vinyl wood style flooring.

I was wanting to lay peel and stick throughout the house but he says that that wouldn’t give me a higher appraisal and that nice carpet would.

So BP world what have you found? I want this property to be tenant proof yet I don’t like doing things twice.

Which will get me a higher appraisal?

  • Taylor Holden
  • Loading replies...