MeetKevin and I discuss the five most profitable renovations you can do when investing in Real Estate to get the highest return possible, whether it’s a rental or flip…Enjoy! Add me on Instagram/Snapchat: GPStephan

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The Most Profitable Home Renovations:

First: Kitchen. This is often the first thing people look at when checking out a new property. Opening the kitchen and creating an open floor plan is often the easiest “bang for the buck,” but renovating a kitchen doesn’t need to be expensive. Oftentimes painting existing cabinetry and changing the hardware can be sufficient. Sale sections at Home Depot also work well!

Second: Flooring. Luxury Laminate Flooring is essential, especially in a rental. When flipping real estate, it’s OK to go higher end with real hardwood floors depending on the area - but for a rental, most laminate flooring is just as good, cheaper, and more durable.

Third: Bathrooms. Again, this doesn’t need to be overly expensive. New vanities are fairly inexpensive. You can often keep existing tile and re-glaze it a different color to make it more modern.

Fourth: Lighting. Add recessed lighting - It makes a massive difference. If you have popcorn / acoustic ceilings, scrape them and add recessed lighting at the same time to save on labor. Dimmable lights also go a long way.

Fifth: Landscape. This is frequently overlooked but it’s an easy way to add to the curb appeal on your home and stand out from everything else. For a rental property, DO NOT plant intricate landscape that tenants could neglect. Instead, chose tenant-proof landscape options: gravel, mulch, and low-maintenance greenery. Succulents are great.

Sixth Bonus Tip: Baseboard. 4” baseboard around the new floors and around windows/doors adds a sophisticated, upscale vibe to the home for an extremely inexpensive price.

For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness@gmail.com

Suggested reading:
The Millionaire Real Estate Agent: [ Ссылка ]
Your money or your life: [ Ссылка ]
The Millionaire Real Estate Investor: [ Ссылка ]
How to Win Friends and Influence People: [ Ссылка ]
Think and grow rich: [ Ссылка ]
Awaken the giant within: [ Ссылка ]
The Book on Rental Property Investing: [ Ссылка ]

Favorite Credit Cards:
Chase Sapphire Reserve - [ Ссылка ]
American Express Platinum - [ Ссылка ]

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