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Don’t Over-Renovate

Don’t Over-Renovate

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It looked beautiful… but it didn’t cash flow.

In this episode, Jason and Shafik talk about one of the most expensive rookie traps in real estate: over-renovating rental properties. Shafik shares how a well-intentioned remodel spiraled into unnecessary upgrades, longer vacancies, and thousands in lost returns—all because he treated a rental like a personal home.

You’ll learn:

  • The difference between rent ready and retail ready

  • How emotional attachment can destroy your ROI

  • Why “nice” doesn’t always mean profitable

  • How to set a renovation budget that fits the neighborhood

  • What upgrades truly matter to tenants—and which ones don’t

If you're about to swing a hammer, pick up this episode first. It might just save you five figures and months of regret.

📥 BONUS RESOURCE: Download Mastering Multifamily Investing – 36 Must-Ask Questions for Passive Investors at MeridianPointCapital.com/Guide

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