Basically using the sale of my duplex to upgrade my unit total.Therefore my questions are a) Those this sound like a good idea, b) if so, where do I even begin when it comes to looking for multi-unit properties for sale, c) are there forums on BP that have already gone in depth regarding this strategy and what it takes to manage a multi-unit (more than two) building?

From the looks of it, the quickest and cheapest thing to do is to upgrade all the bedroom light fixtures.

Around here, most roofers provide the “upgrade” to them for free because it’s nearly cost neutral.

Hello guys, what have been your top upgrades or renovations that has gotten your property rented quickly or establishes serious inquiries?

I am playing this the safe rout and hopping for a modest return modest being medium upgrades an extra room, an extra bathroom I can still come out with a great ROI vs a heavy extensive remodel gut job and shooting for a million ARV what do you guys think?

Should I spend the money set aside for electrical upgrades or another option is cosmetic upgrades need for the out dated unit to include flooring, windows and new cabinets and figure out a way to charge electricity to both units and charge more for rent with proper upgrades.

A $25/month increase is covered if you have a $300 increase in those costs.As to the specific question you just posed of raising rent because of an exterior upgrade: Would someone looking for a new home pay more because of what you did, considering the market?

A cosmetic upgrade is a good way to increase value, but make sure you have rental comps that justify the additional investment. 4. 4-units tend to perform better than duplexes, but this is not an absolute rule.

It will take approximately $15k in upgrades to justify this increase.Purchase price is $380k.

I would make any necessary repairs and upgrades to maintain the property.