They miss out on the opportunity to further increase their return on investment, raise property values, and to create a beautiful functional home instead of just a house.What type of investor are you?

They miss out on the opportunity to further increase their return on investment, raise property values, and to create a beautiful functional home instead of just a house.What type of investor are you?

It's time consuming for sure, but you can look up the largest property managers in the target area and they will often have a website that lists the rentals they manage.

@KC ContiThat is one of the big mistakes new investors haveIf i put in a $100k  tub in a house. it DOES NOT bring up the value of the house by $100kA house is only work what it can sell for.When i was new I made the following mistakeThe area i was looking to buy a house had average comps of $100 per SFMost houses are 1000 SFWhich makes the average house worth $150kThe house I was looking at was the largest on the block at 2500 SFThe asking price was $137kI was like wow. 

Cosmetic upgrades will have the biggest impact on value for appraisal purposes, assuming the existing mechanicals are functioning well.I would say look at some homes that have sold for 115k - 120k and see what kinds of upgrades they had. 

I don't know how it will affect resale value, but since you would still have garage space in the primary home, the functionality of the home will only be improved.

Hey Guys! My First post on Bigger Pockets :)In the Philadelphia Market I am seeing flips AND fix & rental popping up all over town. With all of the articles, youtube videos, and my personal research scrolling thro...

I haven't done it in about 8 years, but I am friends with a lot of the largest wholesalers in the Philadelphia region. 

So on HUDForeclosure.com you can purchase a functioning/decent house that could be instantly rented for $85K in a class B neighborhood with a market value of $172K that rents for $1500. 

This does not mean I am advocating taking out the largest mortgage you can; it just allows you to be more flexible.Hope this helps!