These efforts significantly boosted the property's value, leading to a successful sale at $145,000.

A lot of them would probably work out great, but ultimately you need to do what works for you.I am a property manager here on the Big Island in Kona.

These efforts significantly boosted the property's value, leading to a successful sale.

These efforts significantly boosted the property's value, leading to a successful sale.

These efforts significantly boosted the property's value, leading to a successful sale.

It is all about if it will helps the sale, in price or time it will sit on the market  which it ultimately comes down to money because of holding costs. 

The townhome has appreciated in value to about $350k (per Zillow and RedFin) over the few years I’ve owned it, so estimating $150k in equity, about 45:55 self to bank equity ownership.The townhome now has a leak that has lingered and gotten worse over the few months waiting for an insurance claim decision, ultimately being denied coverage so now I’m stuck with having to cover the entire expense.I’m also considering selling the property once it is fixed so I can take the funds from this 1 single family property in Houston to apply towards funding a possible multi-family property in Austin, TX.The quotes to fix are around $15k-$20k, which I’m not excited to just pay out of pocket, nor do I think I really can at this point in time.

These efforts significantly boosted the property's value, leading to a successful sale at $375,000.

Start with BiggerPockets Ultimate Beginners Guide (free).

You will get pushback from GCs on this so be prepared to obtain several estimates and have several conversations before finding the one you ultimately hire.3.