When you buy a home, whether it is your first or several properties later it is such an exciting time. It is very easy to jump in and want to do lots of different projects to make your home your ‘dream’ home. I just suggest you learn from our mistakes and temper some of your excitement.
My husband and I learned this all too well after buying and selling homes back to back in two volatile markets, California and Nevada. We put quite a bit of money into improving the homes, which in turn made us very competitive in a down market. However, we did not see any return on that investment. So, unless you are going to be in your home for a while think about what you really want to do and do what you will enjoy. Just be careful not to over invest too quickly.