Episode #1329 Baselane: Automate your rental cash flow for a chance to win $10K plus BiggerPockets Pro members get a free upgrade to Baselane Smart. Sign up now 👇: https://www.baselane.com/bp Investors have used the same proven formula for decades: Buy a discounted property, renovate it, and *increase its value by tens or sometimes even hundreds of thousands of dollars.* It’s a simple investing strategy, and yet it’s one of the *best ways to get rich through real estate investing.* But there’s a catch that too many investors miss. You can’t renovate just anything; *you have to renovate the right things.* After over *100 real estate deals,* Henry knows exactly *what moves the needle,* and in part two of our series on *estimating rehab costs,* we’re showing you *what to prioritize on your next renovation project.* First, we’ll walk you through the typical “moneymakers”—kitchens and bathrooms—what to improve, what _not_ to improve, and what you should budget for these updates. But then, we’ll share *three upgrades many investors never think about,* yet they can have the *greatest impact on property value (and rents!).* Whether you’re flipping houses or updating a rental property, this is the *exact value-add playbook you should be using* in 2026! Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media 🎉Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets: https://biggerpockets.com/bpcon2026 Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab _The Book on Estimating Rehab Costs_ : https://store.biggerpockets.com/products/the-book-on-estimating-rehab-costs?utm_source=owned_media Sign Up for the Investor Brief Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch How to Estimate Rehab Costs: https://www.biggerpockets.com/blog/how-to-estimate-rehab-costs?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none Baselane is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. NO PURCH. NEC. Open to legal residents of 50 US/DC, 18+ & are landlords/real estate investors. Void where prohibited. Ends 9/30/26. Subject to Rules/free entry method: https://www.baselane.com/10K-terms 0:00 Intro 1:59 Renovating a Kitchen 2:36 What Does a New Kitchen Cost? 13:36 Sponsor: Baselane! 14:43 Renovating a Bathroom 15:09 What Does a New Bathroom Cost? 22:27 How to Budget for Paint & Flooring 25:25 Heating and Cooling a Sunroom 27:36 Converting a Garage 30:42 Adding a Bedroom