Be sure to acquire the research and knowledge that
will allow you to mitigate your risk and give you the best chance of real success.
RENOVATE TO CAPITALISE
When you’ve found the right property, carefully
choose the items you’re going to fix or add.
Updated or new kitchens and bathrooms will always
be a winner.
But be careful not to overcapitalise by adding
features that eat into your profit rather than adding to it.
Make sure you understand what buyers and renters
are looking for and just as importantly what they’re not after.
For example, adding a pool might not increase the
property value enough to even cover its own installation costs.
It might even turn buyers off – for example, if there
are high numbers of young families moving in who don’t want the expense or
Right now, at RealRenta Join now and get 50% off the
normal low price:
That’s the cost of 1 cup of coffee a week to manage your rental property
RealRenta also has a free vision, so why
not check it out
Tuesday, 6 October 2020