What should someone fix in a property to increase the rent?

What should someone fix in a property to increase the rent?

Member since 2019 · 35 posts · 6 votes

If someone buys a property and wants to increase the rent what should they focus on fixing up? Kitchen, bathroom, lighting,ex.

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  • Real Estate Broker · 3412 S. Harlem Avenue Riverside, IL 60546 · Member since 2015 · 6k+ posts · 5k+ votes
    6y

    @Quinton Huntley this is totally dependent on the market. In my market here in the Chicago suburbs, there are a lot of "vintage" units so using a nice greige paint and some modern flooring can go a long way. If I do bathrooms and kitchens, I typically have to completely redo the plumbing at that point so the money really adds up. To accurately get an answer to this question in your market, you just need to jump on zillow, trulia or hotpads and shop similar units to see what rents are being advertised for which amenities. 

  • Member since 2019 · 35 posts · 6 votes
    6y

    @John Warren

    Thank so much and will do

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