Forcing appreciation on rentals

[Jorge Rivera]

Hey BP!

What are some of the things you look for when deciding to add additional rooms to garages and basements? What are some deal breakers? I understand getting permits and complying to minimum requirements that make bedrooms legal. But what else are you looking for when seeing properties? Any insight is greatly appreciated!

[Guifre Mora]

Originally posted by @Jorge Rivera:

Hey BP!

What are some of the things you look for when deciding to add additional rooms to garages and basements? What are some deal breakers? I understand getting permits and complying to minimum requirements that make bedrooms legal. But what else are you looking for when seeing properties? Any insight is greatly appreciated!

All in the comps:

#1 Raise the Monthly Rent

#2 Minimize Vacancy Rates

#3 Provide More Living Space

#4 Add an Extra Bathroom

#5 Add Extras to Your Real Estate Investment Property

#6 Curb Appeal