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Renovating to increase your rental income

Is your rental property currently performing to its highest potential? What can you do to maximise it’s performance?

 

 

 

 

Any smart property investor will be looking for cost-effective ways to increase the return on their investment. Adding some wow factor or making simple changes to a property can work wonders when looking to increase your rental income.Property investors have the advantage of not being emotionally attached to their investments. This means they can make rational decisions about cost-effective renovations rather than spending hours agonising over “what looks good” and how it feels.

 

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9 Things to Check Before Engaging any Tradie…

Getting a tradie to your house can be a daunting experience, especially when you have limited understanding of the industry and what is involved.

 

 

Use this checklist before getting a contractor to your house to ensure a professional job is undertaken and that you’re getting what you paid for, not headaches at the other end…

 

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Do & Charge vs Quoted

There are two main approaches for managing a building project. Both have their pros and cons and can suit your individual needs depending on what you’re looking for in your building project.

 

 

 

Do & Charge

 

Do & Charge (or Cost-Plus) means exactly that — the client is charged for the actual cost of the project as the work is completed. The builder then adds a margin to that cost.

 

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8 Building Myths — Exposed

If you’re looking to start a building project, the industry can be a mysterious one — almost like a closed society where builders have some sort of secret knowledge. To the outsider, it can be difficult to navigate and in some cases overwhelming. I want to set straight some of the myths that pervade the industry as a result.

 

 

 

1. The builder charges an absurd amount of money

 

The price of a building project includes the cost to use contractors and the labour required for that project to be completed...

 

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Should you move or renovate?

Whether it be an expanding family or an opportunity to increase the value of their home, owners are regularly faced with the question: Should we move or renovate?

 

 

 

As builders, naturally we fall on the side on renovating rather than moving. But when its the home you live in, it comes down to more than just figures on a page. It’s about investing in your home, your lifestyle and your family.

 

Here’s four reasons why we believe its often better to renovate rather than move:

 

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