Boost your rental property value for a $1k investment?

47241065I’m a big fan of renovating to add value to your property.

It’s one of the simplest and easiest ways to boost both your rental returns and the value of your property asset.

But if you don’t know what you’re doing, you’re spending gets a little out of control and you go way over budget, or you overcapitalise on your renovations, it can also be a fast track to a financial loss.

This is one of those areas of property investing where education is key.

I don’t claim to be a renovation expert, but I’m happy to point you in the direction of resources that can help you build your knowledge bank in this area.

RealEstate.com.au offer a number of tips to help you manage your renovation budget; make the most of a small bathroom; and select the ideal property for a renovation rescue.

Also in this video, interior stylist Naomi Findlay offers a few tips to help you make a big impact when presenting your property for sale or rental.

When browsing these resources, I learnt that extending tiles all the way to the ceiling, or painting a vertical stripe on the wall, can help to make a small room seem larger.

And here I thought I was pretty experienced when it comes to property tips and tricks. Just goes to show, there’s always something new to learn as a property investor!

Til next time, happy investing!

Helen Collier-Kogtevs

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

Become a successful Property Investor

Start Here With Your Free Investment Gift Pack Valued at $297
how to project manage your renovation

Get one step closer, Fill in the form below

  • This field is for validation purposes and should be left unchanged.

More from Real Wealth Australia

What happens if your tenant doesn’t pay the rent during COVID_
Articles

What happens if your tenant doesn’t pay the rent during COVID?

I recently received a question from one of my subscribers… I have a question that I have noticed no one is bringing up since Covid …

Articles

My top 2 areas to invest in during the current market!

If you are in the market to buy property right now, then I have some news for you. In today’s video (blog), I’m going to …

Blog - The Next Boom Cycle Is Coming... Prepare Yourself
Articles

Post COVID-19 Property Boom Cycle is coming… prepare yourself!

The Corona virus pandemic is in the process of trashing property prices by possibly up to 30% according to some and when it’s over be …