Seeking Advice on Kitchen Remodeling for Rental Property

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Hello BiggerPockets Community,

I hope this finds you well! I’m currently considering remodeling the kitchen in my rental property, which is quite outdated. The kitchen is small, measuring just 8x10, and I’ve received a quote for the remodel that totals around $40K.

I’m feeling like this quote is on the higher side, especially since it’s a rental property and not the forever home I plan to live in myself. I want to improve the space to attract tenants and increase rental value, but I’m also looking for ways to keep the costs reasonable.

I would love to hear your experiences and advice regarding:

1. **Budgeting for a Small Kitchen Remodel**: What are some cost-effective strategies you’ve used?

3. **Must-Have Upgrades**: What renovations do you believe bring the best return on investment for rental properties?

4. **Where to Splurge or Save**: Are there specific areas in a kitchen remodel where it’s worth spending more, and others where you can cut back?

Any insights or personal experiences you can share would be greatly appreciated! Thank you in advance for your help!

Best, 

Philip