Of course, this decision is market-de- pendent, and it also should be affected by your final plans for a property. If you plan to flip to an owner-occupant, then you may need to step up a tier or two in terms of your materials. However, it’s dangerous to upgrade your materials without knowing what is on-trend and in demand in your area. Working with a local market expert and viewing plenty of comparable projects will help you determine the right strategy for you. Ask your contractor, design expert, or supply source to create multiple quotes for you based on different combinations and calibers of materials. Just because all the bells and whistles are fun to install does not mean you need them in every renovation. COMMON KITCHEN SECRET #2 YOU HAVE TO KNOW WHAT’S BEHIND THE WALLS OR KNOW SOMEONE WHO DOES. Often, we encounter investors who have a beautiful idea of how their kitchen project should look when it is complete but may not have factored in some of the less “glamorous” minutia associated with kitchen design. Here is a cold, hard truth: You must look behind the walls. Do I mean you need to take a sledge- hammer to the sheetrock? Of course not! That is largely for your contractor to deter- mine. But you do need someone on your side that will ask you questions like these: • Are you changing the floor plan? • How will installing the cabinets affect the supply lines? • Are you changing out the faucets and fixtures and, if so, will the new ones work with the existing valves, etc.? • Will the current sheetrock support your new cabinetry? • Are your new fixtures, countertops, etc. compatible with the walls, ceilings, and floors that will support them? Fail to answer these questions and ad- dress any issues with incompatibility before
you begin your renovation and you could have a structural meltdown on your hands midway through the process or, even worse, when the property is up for inspection. COMMON KITCHEN SECRET #3 DESIGN IS SCIENCE AS MUCH AS ART, SO USE IT SCIENTIFICALLY. Most of us think of the design elements of real estate as an artistic endeavor, and it’s true that investors, remodelers, and contractors do need to have an eye for what will appeal to their tenants or buyers while commanding premium rents or sales prices. However, it is also the case that a successful kitchen in one market will often translate to another market quite well. For example, the L-shaped kitchen with a bar top is a popular kitchen layout right now whether you live in Chicago, Dallas, or rural West Virginia. Once you have a model that works for your customer base, you may simply need to adjust the SUPPLYLINES: The connections in a kitchen that supply utilities including hot and cold water and natural gas. When you remodel a kitchen, you need to make sure that the supply lines are equipped to handle the volumes that upgraded appliances and layouts require. Mark Reginelli is the director of world trade at 84 Lumber, a building supply company with more than 250 locations nationwide and an extensive network of local Kitchen & Bath Design Centers. 84 Lumber is a member of Think Realty Benefits. Follow 84 Lumber's Design Studio on Instagram @84Lumber for more design tips and insider insights. Learn more about kitchen and bath design as well as the unique benefits and advantages Think Realty Members can access at 84 Lumber at https://www.84lumber.com/.
Style is important in a kitchen makeover, but what's under the counters and behind the cupboards can make or break your budget.
3 Common Kitchen Secrets Most Investors Miss WHAT’S BEHIND THE WALLS WILL AFFECT YOUR BOTTOM LINE.
options for the construction materials they use in their cabinets and counter- tops that look sleek and modern but do not necessarily have to cost as much as a premium product. For example, in most kitchens, there are at least three levels of quality options. Before you write off the “lowest” option for your cabinets, which would probably be a particle-board cabinet “box” with plywood shelving and solid doors, keep an open mind. Some of the materials available today are truly attractive and can be painted or stained to look both modern and high-end. Many times, we encounter investors renovating homes for rent in hot markets who believe they cannot install this type of basic cabinetry without losing out to their competition in the marketplace. In reality, they probably could do a really quality, thoughtful job at the basic level and end up with something more attractive and cost-effective than their competition can pull off with mid- grade or high-end materials.
by Mark Reginelli
itchen remodels are among the highest-returning upgrades you
don’t get me wrong) that they forget to factor in potential issues that may seem a little less glamorous, such as what type of building materials are appropriate for the cabinetry or what pitfalls might be lurking in the property’s walls. Here, we’ve listed three of the most com- mon kitchen secrets we see investors miss as well as the details on how to adjust your rehab and design process to make sure you avoid these mistakes moving forward. COMMON KITCHEN SECRET #1 MATERI- ALS MATTER MORE THAN YOU THINK,
BUT NOT ALWAYS IN THE WAY YOU MIGHT EXPECT. Most investors know that if they’re upgrading a kitchen, they need to mod- ernize the room’s look when they do so. Particularly given how many remodels of much older homes we are seeing these days, especially in hot markets, it is something of a given that you will have to install new appliances and proba- bly update the layout of older kitchens in addition to giving them a facelift. Most investors do not realize, however, that there are a lot of different, quality
can do in a home - if they are handled correctly. Unfortunately, many real estate investors tend to get a bit carried away when they upgrade the kitchen in their investment properties and sometimes make mistakes that cost them serious cash flow or profits when they rent the home out or sell it. One of the biggest issues that we see in the kitchen-design aspect of our business is that many inves- tors are so busy upgrading the way that a kitchen looks (which is very important,
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