Women Invest in Real Estate

WIIRE 198: Cosmetic Rental Property Upgrades That Boost Your ROI


Listen Later

As real estate investors, we've learned that strategic cosmetic upgrades can significantly increase our rental property income and attract quality tenants. We've discovered that focusing on kitchen and bathroom improvements provides the biggest bang for our buck. Our go-to strategies include updating backsplashes, installing modern faucets, and choosing durable vanities that look great and minimize maintenance headaches. 

We've found that water-efficient fixtures and timeless finishes not only attract better tenants but also reduce our long-term repair costs. Some of our favorite quick upgrades include:

  • Adding floating shelves for extra storage
  • Creating accent walls with strategic paint choices
  • Installing bedroom ceiling fans
  • Upgrading to luxury vinyl plank flooring
  • Replacing outdated appliances
  • Adding in-unit laundry capabilities

By carefully analyzing local rental comps and investing in smart, targeted improvements, we've been able to command higher rents and keep our properties competitive. These upgrades aren't just about looking good - they're about creating value that puts more money in our pockets. For any investor looking to maximize their rental property potential, these cosmetic upgrades are a game-changer.

We want to hear from you. What are some of your high-impact upgrades that you see a great return on? Drop us a DM on Instagram or pop into our inbox at [email protected]!

 

 

Resources:

  • Simplify how you manage your rentals with TurboTenant
  • Get in touch with Envy Investment Group
  • Make sure your name is on the list to secure your spot in The WIIRE Community 
  • Leave us a review on Apple Podcasts
  • Leave us a review on Spotify
  • Join our private Facebook Community
  • Connect with us on Instagram
...more
View all episodesView all episodes
Download on the App Store

Women Invest in Real EstateBy Amelia McGee, Grace Gudenkauf

  • 5
  • 5
  • 5
  • 5
  • 5

5

149 ratings


More shows like Women Invest in Real Estate

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,770 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

829 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

973 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

419 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,089 Listeners

Master Passive Income Real Estate Investing by Master Passive Income Network

Master Passive Income Real Estate Investing

277 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

615 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,839 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

329 Listeners

The Short Term Show by 8 Figure Airbnb and Short Term Rental Real Estate Investor Avery Carl

The Short Term Show

453 Listeners

On The Market by BiggerPockets

On The Market

900 Listeners

Action Academy | Millionaire Mentorship For Your Life & Business by Brian Luebben

Action Academy | Millionaire Mentorship For Your Life & Business

699 Listeners

The Rich Somers Report by Rich Somers

The Rich Somers Report

981 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

840 Listeners

The David Greene Show by David Greene

The David Greene Show

694 Listeners