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Updated about 2 years ago on . Most recent reply
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Which upgrades should I focus on before listing my MTR?
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
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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.