Need to get a condo off my books
Hello BP,
So I have a condo that I would like to get off my investment portfolio as I cannot rent it for a year (long story.) I would like to flip it and put it back on the market. I know I cannot put it back for market value-or higher due to closing costs as there was nothing done to the place and i purchased it a month ago.
The condo is outdated, needs new appliances, cabinets, flooring (thinking of switching to tile), and vanities in the bathroom.
What in y'alls experience in upgrades gives the most bang for your buck in resale value? I am trying to budget the work but want to make sure I put money in the right spots that will A) attract a buyer b) raise the price. Not looking to make a killing, just cover closing costs and real-estate fee's plus initial investments.