When you see a video presentation about a house flip on TV, it looks simple. Of course something inevitably goes wrong in the middle of the episode for dramatic effect, but the homeowners overcome every misfortune somehow and turn a major profit.
If you’ve spent time watching HGTV or DIY Network, then you’re familiar with remodeling demolitions. In the Hollywood version, contractors grab sledgehammers and start ripping through drywall and cabinets. You’ll get an opportunity to put a sledgehammer through drywall in your own demolition, but the process isn’t quite as simple or careless as it looks.
When you’re a property owner, little odd jobs constantly pop up that you either have to handle out of necessity, or feel you should tackle in order to make some facet of your place more functional or aesthetically pleasing. If you don’t have a lot of experience or know many handy skills, however, deciding which issues you can realistically address can be a challenge…. [Read More]
Whether you’re simply looking to upgrade your home for your own personal reasons, or you want to increase your home’s value for putting it on the market, a master bathroom remodel is one of the more popular home renovation projects. It also happens to be one of the more cost-effective, as long as you have a plan and know what you’re doing…. [Read More]
As the owner of a property, you’ll be fully in charge of its renovations—which means you’ll be the one to spend the time and money making the renovations, and the one earning the benefits from them. If you want to maximize the profitability of your property (and limit your risks in the process), you’ll need to be discerning about which renovations you take on…. [Read More]
Now that the economy has recovered and the housing market has returned to levels that it achieved in the months leading up to the last recession, we’re seeing a lot of people investing more money into their home…. [Read More]
Investing in the rental business can be a very smart move – but only if you know what you’re doing and have the resources to do it. The majority of people would love to own real estate properties and rent them out for a profit, but there are a lot of nuances that people don’t quite realize…. [Read More]
Smart home technology is currently sweeping through the marketplace with vigor and determination. Everyone wants to get their hands on the smart gadgets and advanced technologies they read about on the internet or see on television. And while most smart home devices are aimed at homeowners, who says they can’t also be incorporated into rental properties?… [Read More]
If you’re redoing the kitchen of your rental property, be prepared for one of the most rewarding experiences of your life. Also, be prepared for the bill. It’s not an easy or cheap job, but if you do it right, it’ll pay off in increased property value, allowing you to raise the rent. However, you’ll only see a return on your investment if you choose to do a conservative remodel that doesn’t break the bank. There are several ways that you can cut costs in your kitchen renovation, and pocket the change…. [Read More]
When you purchase a property, resale should always be the focus. Regardless of whether you think you’ll be living in the home or renting it indefinitely, you always have to think about the value down the road. Over the years, that means paying attention to changing styles and adapting to certain needs. While there are a number of cost-effective renovations that can be performed inside the home, you can really recoup your money by considering outdoor improvements…. [Read More]