When you fix up a house it is important you spend your money where it will add the most value. As an investor I do not want to make repairs that will cost me more than the value they will add to the home. If a new kitchen will add $5,000 to the selling price, but will cost $10,000 to put in, I do not want to replace the kitchen. People who live in their homes may have a different strategy because they really want a new kitchen, and know they will be living in the home for another 20
from Invest Four More http://ift.tt/2kk5wzK
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