Renovations we don't waste money on
Not every expensive upgrade creates value.
Things tenants often won't pay materially more for:
❌ Luxury-level finishes in workforce housing
❌ Full cabinet replacements
❌ Overbuilt landscaping
❌ Amenities with little demand
❌ Full gut renovations when a refresh works
We focus on upgrades that move rents:
✅ Kitchens
✅ LVP flooring
✅ Lighting & hardware
✅ Bathroom refreshes
✅ Curb appeal
The goal isn't spending more.
The goal is generating more NOI per renovation dollar.
Travis Cadman –
southwestuv.com
#Multifamily #CRE #ValueAdd #RealEstateInvesting #AssetManagement