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Updated over 9 years ago on . Most recent reply
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Kitchen or Bedroom
I have a dilemma. Should I invest more money in the Kitchen or an extra Bedroom. I have a 3 Bed 2 bath house and need the value to go up. So should I put more money in the Kitchen or add that extra bedroom.
This is a rental, so whats your thoughts, and please help.
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I'm tempted to say it would depend on the area and type of renter. Also are you planning to sell this down the line, or keep for long term cash flow? If it's in a lower income area and you don't care about renting to section 8, the extra bedroom might bring in more money. If it's a more upscale area, or you are planning to sell it in a few years, I would put the money in a kitchen.