Renovating the outside of a property can be a great way to increase the street appeal, rental return and longer term valuation of an investment property.
When we are inspecting a property with renovation potential, we ask the following questions:
1. What’s my strategy?
2. What’s my budget?
3. Will this renovation add value to my property?
4. Will this renovation increase my weekly rental return?
5. Is the money I’m spending on this renovation the highest and best use of my funds?
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