BiggerPockets Real Estate Podcast
Business:Investing
With some often overlooked home renovations, you could boost your property’s value by tens, if not hundreds, of thousands of dollars. But which home renovations have the best bang for your buck? We’ve got pro house flippers James Dainard and Jessie Rodriguez back on the show to give their insider tips on the home upgrades that could get you up to a 400% return on your money and the interior renovations they NEVER skip during a house flip.
Last time, we talked about the exterior renovations that can make your house stand out from the rest during a busy buying season (If you missed it, click here to take a listen). This time, we’re taking our shoes off and heading inside, talking about the best kitchen, bedroom, and bathroom upgrades that offer huge returns for often just hundreds of dollars. So, even if you don’t have the budget to add new rooms, you can still pull out thousands more in extra equity with these quick interior fixes.
But if you do have a chunk of change set aside, we’ll also get into adding bedrooms and bathrooms as well as opening up more living space so you can wow buyers (or an appraiser) as soon as they step through the door. Plus, the not-so-sexy but certainly necessary upgrades you’d NEED to pass an inspection!
In This Episode We Cover:
The most overlooked home renovations that don’t cost much but can increase your property’s value
Whether an “open-concept” floor plan is still worth it in 2024
The one kitchen renovation that could give you a 400% return on your investment
A pro tip to save over thirty percent on this one crucial bathroom upgrade
When to add bedrooms and bathrooms to a home (and the return you can expect on additions)
When to replace an old water heater, furnace, or electrical panel so you DON’T get flagged during an inspection
And So Much More!
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Unbelievable Returns from Flipping This New Type of Real Estate
Did High Interest Rates Kill House Flipping?
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Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-899
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