Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Medium-Term Rentals
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 about 2 years ago on . Most recent reply

User Stats

35
Posts
4
Votes
Caitlin Stables
  • Realtor
  • Richmond, VA
4
Votes |
35
Posts

Which upgrades should I focus on before listing my MTR?

Caitlin Stables
  • Realtor
  • Richmond, VA
Posted

Our current primary is going to be our first MTR and first investment property to be clear! It needs siding, 3 full bathrooms updated, some overhead lighting installs and upgrades, drywall repairs, some exterior upgrades like driveway and pathway gravel, foyer flooring redone and about 80% of the house needs interior paint. We have updates all windows, kitchen, roof, HVAC...My questions is should we do all upgrades before listing to get the most rent? Or what is the best way to determine which upgrades will net us the most income on a monthly basis. 

Most Popular Reply

User Stats

122
Posts
122
Votes
Kathie Russell
  • Professional
  • Raleigh, NC
122
Votes |
122
Posts
Kathie Russell
  • Professional
  • Raleigh, NC
Replied

Nice bathrooms and kitchens, comfortable mattresses and pillows, and good furniture/decor should be first on the list as that is what attracts guests to the online booking, after that I'd do the paint and floors and the rest as you can afford it. I just stayed in an awesome STR in VA, it literally had part of the floor in particle board (but done in a way as to be sorta artistic), never gave the floors a second thought because everything else was so well done, all amenities, etc.

Loading replies...