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Updated over 2 years ago on . Most recent reply

User Stats

14
Posts
4
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Clay White
  • Real Estate Agent
  • Manhattan, KS
4
Votes |
14
Posts

Washer / Dryer / Appliances

Clay White
  • Real Estate Agent
  • Manhattan, KS
Posted

Closed on first unit. 35k purchase price, looking between 15-20k in repairs, and looking to BRRRR property. It looks to cashflow $450, so there is wiggle room to add more if it helps long term tenancy. As the home sits it has old/very old kitchen appliances and washer/dryer hookups, no units. My question is, should I update kitchen appliances and/or bring in a washer/dryer or have the tenants bring their own? Does anyone have experience/stats on what would be best?

  • Clay White

Most Popular Reply

User Stats

72
Posts
43
Votes
Rose White
  • Real Estate Agent
  • Woodstock, GA
43
Votes |
72
Posts
Rose White
  • Real Estate Agent
  • Woodstock, GA
Replied

definitely update the kitchen appliances. 

washer and dryers are easy to rent for tenants. (there are usually place that allow you to rent units for $25-45/mo) 

i used to be a tenant and i used to rent washer/dryers when i lived in an apartment but eventually bought one when i rented at SFH!

  • Rose White
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