BRRR- Best Value add investments

[Rigo V.]

Hello everyone,

The key to BRRR is obviously buying right and spending your rehab dollars where it counts. Can anyone recommend any cost effective rehab tips that you have noticed help add value the most?

[Garrett M.]

Rigo Ventura If the property only needs cosmetic help, then new hardwood flooring, kitchen, bath and paint will do the most to make your property feel new and increase your value.

In my experience, I have only gutted everything and started over. New electric, hvac, new kitchen, bath, windows, doors, trim, add closets. This has 2 benefits: it should be a big boost to your new appraised value but more importantly, you have a property with new systems that all the tenants want and you have a long period with few if any cap ex costs.