Real Estate Investors and Renovations

Posted by Hannah Lapin on May 18, 2018 11:59:21 AM

2 hands framing a kitchen photo with the rest of the image drawn

Ever wonder how other investors are handling renovations, how involved they are in the process, and how much they are spending? The Iceberg Report, which was surveyed by Harris Poll and is the most detailed analysis on the single-family residential investment industry ever done, tackled these questions. Here are some of their findings:

How involved are investors in their property renovations?

  • Do major work personally: 7.2%
  • Do some work personally: 21.6%
  • Hire an investor specific contractor: 14.2%
  • Use general contractors for entire process: 20.9%
  • Are general contractors themselves: 23.7%

How much do investors spend on fix and flip renovations?

  • <$15,000: 5%
  • $15,000-$29,999: 35%
  • $30,000-$44,999: 35%
  • Over $45,000: 25%

How much do investors spend on rental property renovations?

  • <$10,000: 25%
  • $10,000- $19,999: 25%
  • $20,000+: 50% 

Looking for funds for your next property renovation? Learn more about how you can pull cash-out of a current property.

More Resources

Related: Expand Your Wealth with a Cash-Out RefinanceUse the Winograd Apps Feet & Inches Calculator for Construction Projects


Topics: Property Upgrades

Most Popular

Disclaimers: Please note that our blog contains affiliate links, and at no additional cost to you, Visio Lending will earn a commission if you decide to make a purchase after clicking through the link. As an Amazon Associate, I earn from qualifying purchases. Please understand that we have experience with all of the companies we recommend, and choose to refer our borrowers and partners because they are helpful and useful, not because of the small commissions we make. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.


The information in this blog has been prepared solely for informational purposes. The contents are based upon or derived form information generally believed to be reliable although Visio accepts no liability with regard to the user's reliance on it. For legal advice, please contact your counsel.