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Renovation Project - Why are you doing it

Improving your own home to enhance its liveability for your family will generally entail a very different approach than fixing up a rental property.

In the former instance, it’s about comfort more than cost and compromise.

Of course, you don’t want to over-capitalise, but it’s not as critical that you have a significant financial margin between what you spend and what you stand to make.

However, if the plan is to grow your rental yield and increase the equity in your property, you must focus on the financial considerations first and foremost.

The process must be based on hard facts and logic rather than emotion.

RealRenta has all the tools that a property manager has but for less than ¼ the cost of a property manager.

You can now manage your Residential, Commercial or share/student accommodation property

Join now and the cost is less than a cup of coffee a week to manage your rental property.

RealRenta also has a free vision, so why not check it out.

Jason Gwerder
Thursday, 11 April 2024


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