Renovating your rental property is an important part of the buy and hold process. You want to create a solid and comfortable home for your tenant. However, it is possible to go overboard and implement too many upgrades.
Spending too much on a renovation will cut into your return on investment. The point is to have a high ROI, so you have to find a balance. On this episode of Investing in Real Estate, I’m sharing the three biggest ways investors waste money on a rental property renovation. Don’t miss this episode!