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Kyler J Sloan
  • Investor
  • Maggie Valley, NC
85
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284
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Attach ALL Furnishing

Kyler J Sloan
  • Investor
  • Maggie Valley, NC
Posted

I am just curious as to why I have never heard anyone on BP make a standard of attaching all furnishing and/or appliances when possible, in order to do as much as possible to increase the value of a STR? -- Considering that many STR's come fully furnished, and an appraiser does not count un-attached appliances/furniture/etc. toward the home value. That would appear to put one in the best position long-term, if you intend to get a HELOC or Cash out Refi. For instance, the hot tub I will be getting costs 5 K, which is not negligible.

In particular, it would be absurd to attempt to move furniture out of the rental I recently purchased at any point down the road, as its driveway is an old on-way logging road which requires 4WD. The moving cost is prohibitively expensive. Just trying to think ahead. 

Thanks. 

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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
7,518
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
Replied

Aaaaaand, poof, they are gone!

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