Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

36
Posts
22
Votes
Christopher Madden
  • Rental Property Investor
  • Mountain Top, PA
22
Votes |
36
Posts

Should I pave (blacktop) my SFR BRRRR

Christopher Madden
  • Rental Property Investor
  • Mountain Top, PA
Posted

I am finishing up my first BRRRR in an upper middle class home in a great school district. I have money in the budget to pave or blacktop a driveway for about $6,000. I already have equity in the property I will be around $135,000 all in and the ARV is $175,000 - $185,000 ish including the money to blacktop. I keep going back and forth on blacktopping, thinking things like will it help my appraisal, will I be able to get a better tennant? is it worth the cost? I figured id reach out to all you lovely people to hear your thoughts and opinions. thanks so much

  • Christopher Madden
  • Most Popular Reply

    User Stats

    50
    Posts
    17
    Votes
    Replied

    What does the neighborhood and comps show? In both Colorado and Missouri I don’t see a lot of asphalt (blacktop) driveways. I have seen a few in more we’ll off areas but not your standard neighborhoods.

    Loading replies...