Search
Recommended Sites
Related Links






   

Article Content

3 Simple Ways To Make More Money From Your Real Estate Investment

Real estate investment is one of the best long term forms of investment anyone can do and is readily understood by most of us. Some of us may be interested in buying properties that we can fix and flip, others might be interested in buying rental properties and make money from them. This article is for both kinds of investors and highlights three simple things you can do to make more money from your real estate investment whether it be in terms of rental or capital appreciation.

Tip #1 - Paint it up
Spend some money to paint up the fence and the rest of the property. You will be surprised at the difference this makes to the buyer of the property. Which would you rather see when you visit a property, a drab old looking building or a nice newly painted building? In addition, you might consider buying a nice front door to match the newly painted building.

On paint choices, depending on who you intend to sell the property to. For residential properties, try to get neutral colours and choose colours that make the place look welcoming. Colours that make someone upon seeing it say to themselves, “yes this is home”. This would increase your chances of getting a tenant for your property and thus the price of your real estate investment will rise accordingly.

Tip #2- Fix the windows
Another simple trick, when residential viewers come into the house they love to look out of their house into the vista that surrounds your property. Thus you would want to work on the windows a bit so that they look nice and new and complement your new coat of paint.

Another thing that you can do is to install grilles in high crime areas and highlight it as a feature to your prospective buyers and tenants and tell them that you have considered their security when installing the grilles. But always check if they want the improvements unless it comes

with the property when you first bought it.

Tip #3- Mow the lawn
This trick comes along with the neighbourhood. Let me explain what I mean by this. If you are investing into a residential property in a neighbourhood, take a look at the surroundings. If the properties in the area are in a state of disrepair, avoid even purchasing the property since you might be buying into a neighbourhood where the property prices will not increase by much.

If you have found a good neighbourhood with well maintained lawns and the real estate investment that you found is not well maintained, spend some time looking to see if the soil and the foundations of the building are good. If you think all is well, call in the professionals to re turf and mow the lawn and do some basic landscaping. You will be surprised at how much more a property with a well kept garden will fetch over a normal unkempt property within the same vicinity.

In conclusion, we have highlighted three simple steps anyone can take to make more money from their real estate investment. Try doing them today and hopefully it makes you more money along the way. Take massive steps and action and you will find that your real estate riches will start coming your way.


About the Author:

Joel Teo runs a real estate investing website. Make money with real estate investment resources at the online Real Estate Investment Guide


Read more articles by: Joel Teo

This article is distributed by: www.iSnare.com

Written by: Joel Teo

Informative Articles

How NOT to be a Small Business Failure Statistic
There were about 146,000 business startups a year, and an average of 12,000 business bankruptcies per year from 1994 to 2004 in Canada. A 2004 Statistics Canada study on small business failure rates "Key Small Business Statistics - January 2005:...

How To Finance A New Extension?
Want to improve the look of your property? Want to add value to your property? The extension plans are ready but the finances are not. Rather than waiting another year why not consider a Home Improvement Loan. Make the dream become...

Landscaping Tips: Concrete Pond Construction
Good concrete pond construction means not taking shortcuts. Improper methods can lead to more money spent on maintenance, repairs, or replacement than on the cost of the initial construction. Since good concrete pond construction equates...

Plants For Establishing a Hedge in Furlong Pa.
This article is designed to help Furlong Pa. residents select plants and shrubs for hedges. Not all plants that are suitable are listed here but most common and easy to raise ones are listed. Hedges are one of the major components of your...

The Advantages of Canvas Tarps
Tarpaulins (tarps) made of canvas are some of the most versatile tarps on the market today. These tarps can be flame retardant, water resistant, and mildew resistant. Canvas tarps come in several fabric gauges, from 10-ounce to 17-ounce and up. (The...

Recommended Products