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Updated over 8 years ago on . Most recent reply

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176
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Rohan J.
  • Los Angeles, CA
48
Votes |
176
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First time doing a rehab in a luxury neighborhood... any tips??

Rohan J.
  • Los Angeles, CA
Posted
Hi BP - In two weeks I am doing my first purchase and repair in a very nice neighborhood in Blue Springs, MO (an "A" neighborhood in Kansas City). It is a 5-plex with 4 studios and 1 one-bedroom. I have only ever done BRRRRs in B- or C+ neighborhoods, so I was wondering.... what kind of things should I look to add into a nicer property? So far I have: granite countertops, stainless steel appliances, and breaking the kitchen open so that it's more connected with the living room (right now the kitchen is closed off). How else can I make this feel richer and more luxurious ? Any colors that I should aim for? Anything to put in the bathrooms? It is going to be a full rehab so I am open to any suggestions on how to efficiently add value. I am a total newb at repairing in luxury areas, so any thoughts are appreciated

Most Popular Reply

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205
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Matt Pritchard
  • Rental Property Investor
  • Overland Park, KS
85
Votes |
205
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Matt Pritchard
  • Rental Property Investor
  • Overland Park, KS
Replied

I think in that price range you are fine with just freshening it up.  New flooring, new paint, new kitchen cabinets, and bathroom tile.  Honestly, just keep it neutral.  Move towards gray's and white's and you'll be fine.  

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