Tweet
Hi,
How would you spend 15K on improvements to a generally "tired" house? Please state order of preference.
Cheers,
shahil
How would you spend 15K on improvements to a generally "tired" house? Please state order of preference.
Cheers,
shahil
-
Another day closer to retiring! -
Paint - In and Out
Deck
Carpet -
-
Kitchens & bathrooms.
There are a lot of companies competing now for DIY'ers (Mitre 10, Placemakers, 3 Brothers, Bunnings etc) so prices are great and can change the whole look of a place for a reasonable price.
It all depends on the state of cabinets etc, sometimes a paint and 3$ stainless steel handles can make a kitchen look great and of course this will change if it is a rental or a a do-up to sell.
New Taps, Big Mirror and splashback tiles can transform a bathroom also..
Depending on how these two areas go, I see what else needs doing and work it in to the budget as appropriate."If you think education is expensive, try ignorance"Comment
-
-
Are you and my hubby related at all?Originally posted by drelly View Post
GJB68 has hit the nail on the head.
also - don't forget street appeal. A bit of landscaping can add a lot of value.Jo Birch
Looking for someone to manage your next project or event? Then call now!
+61 450 148 678Comment
-
Another day closer to retiring!Comment
-
trade discount
Do any of these outlets have trade discounts? how to you access this?Originally posted by GJB68 View Post
~shahilAnother day closer to retiring!Comment
-
You may joke but ask Steve Goodey. He just bought one for a rental place I believe.Originally posted by shahil.nazia View PostJo Birch
Looking for someone to manage your next project or event? Then call now!
+61 450 148 678Comment
-
the case of plasmas..
The properties Steve G is putting in plasmas for are upmarket accomodations and student rentals - which is an excellent idea to attract quality tenants. However, I dont think its a good idea putting one in a rental in South Auckland.Originally posted by Heg View Post
~shahil.Another day closer to retiring!Comment
-
I was kidding of course... don't plasmas only last about 5 years anyway?You can find me at: Energise Web DesignComment
-
No - most of the tenants in South Auckland already have oneOriginally posted by shahil.nazia View Post
Jo Birch
Looking for someone to manage your next project or event? Then call now!
+61 450 148 678Comment
-
My Thoughts On renos
1- Outside - landscape for street appeal
2-Kitchen -mum buys and rents houses -Dad pays( I also sell kitchens so am biased)
3- paint interior white or neutral
4.bathroom -minimal amount to make tiday and acceptable- tile setc can make the difference -use existing bath etc and clean really well.
5-carpet - must be reasonable or the house looks sh.t, plenty of cheap end rolls around.
We did a house recently in Manurewa for 15k top to bottom inside so its definatley posssible, had a thread on here about it somewhere ??
Good luck
MarkComment
-
I think a better question would be what does the property need?
Or
What does the tenant want?
Or
What will the tenant pay for?
There's a fine line between what improvements will make the property worth more, and what will provide more rent.
Without knowing the property and as a general rule.....
Don't spend money on anythig you can't see, so do do cosmetic, paint carpet curtains, don't do wiring, piling roof painting.
If your going to spent money on bathrooms and kitchens buy stuff that is shiny, go for stainless steel and chrome were possible.
If possible after this spend money on extra's that will get more rent like.....
Dishwasher
Freezer (If family type home)
Dryer/washing machine
Garage/carport
Extra bedroom
After that spend any extra money on the next deposit.
SteveComment
-
Yes true I'm trying out my first rent by the room property.Originally posted by shahil.nazia View Post
I would not recommend this stratergy for the average property.
I wil start a thread and let you know how it goes.
SteveComment
Comment