There were water spots above the kitchen cabinets, as well as some standing water in the basement, while disclosures indicated there had been no water issues on the property.

I didn’t see budget items for kitchen and bath cabinets and countertops.

Pretty much all of the apartment complexes here rebrand when new ownership takes over and the first thing they do is paint the interior and exterior and do some cosmetic upgrades (paint or replace cabinets, new counters).

I’m looking to put in a new kitchen sink, as well as new countertops and cabinets.

I put new tile flooring throughout, added a closet to make a 3rd bedroom, new appliances, new paint, new counter tops, refinished cabinets and added new hardware, gutted and updated bathrooms, landscaped outside plus lots demo, fixed a roof leak, sheet rock work ect.. for $13,500.

I recently did a house with it about 900 SF for $5/sf installed and that included quarter round and cutting in around kitchen cabinets, but the toilet & vanity were pulled. 

I just finished a kitchen rehab that involved removing a load baring wall, new cabinets at 10k, tile floor, reconfigured plumbing/electric and all new appliances for just under 30K.

If you could push rents $150/m, with a $175k rehab ($10,937/unit), a little over $1,500 more/unit for either new LVT floors/paint cabinets/new counter top/new appliance package, etc,  you would be able to push the ROI to 16.45%, an additional $28,800 in revenue/yr.

My question is: if we redeem our personal credit card points for Lowe’s / home dept gift cards to go towards supplies/materials/cabinets etc, can we deduct that as an expense even though we used a gift card vs a credit card or cash?

We also do tile and cabinets. if this sounds like anyone would be interested in give me call so we can discuss.