Return:Finishing the basement and adding bedrooms can add significant value, especially if your local market places a premium on additional living space.

My goal is to grow this business by expanding my investor network and seeking properties that will allow for additional scalability.

Was able to get a meeting with the seller and negotiated using evolving knowledge of construction and deal analysis in addition to discovering seller motivation through direct contact.

I've also leveraged their webhooks to automate additional things on my end like setting the thermostat to the appropriate temperature an hour before the guest check-in and turning it off after they check out.

If you are able to add an additional full bath, it sets you apart in the market big time! 

So if you are doing an addition, you are only contributing to the structure portion of value, not the land value.

I would love to get a property in the NW DC that is run down, add additional floors and then make it an apartment building.

I'm terrified enough of doing this out of state, so I am not interested in additional complexities with BRRRR.

It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.

Plumbers can separate lines, but trenching and additional work can drive costs into the $5,000 –$10,000 range.