Real Estate Investing 101: Top 5 Most PROFITABLE Renovations

Real Estate Investing 101: Top 5 Most PROFITABLE Renovations

Real Estate Investing 101: Top 5 Most PROFITABLE Renovations – Latest News Today

MeetKevin and I discuss the five most profitable renovations you can do when investing in Real Estate to get the highest return possible, whether it’s a rental or flip…Enjoy! Add me on Instagram/Snapchat: GPStephan

AMAZING LED LIGHT-UP TOILET GADGET (MUST HAVE 2018): https://amzn.to/2JRKO7R

Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/

The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c

MeetKevin’s Channel:
https://www.youtube.com/user/KevinPaffrath

MeetKevin’s IG: RealMeetKevin

The Most Profitable Home Renovations:

First: Kitchen. This is often the first thing people look at when checking out a new property. Opening the kitchen and creating an open floor plan is often the easiest “bang for the buck,” but renovating a kitchen doesn’t need to be expensive. Oftentimes painting existing cabinetry and changing the hardware can be sufficient. Sale sections at Home Depot also work well!

Second: Flooring. Luxury Laminate Flooring is essential, especially in a rental. When flipping real estate, it’s OK to go higher end with real hardwood floors depending on the area – but for a rental, most laminate flooring is just as good, cheaper, and more durable.

Third: Bathrooms. Again, this doesn’t need to be overly expensive. New vanities are fairly inexpensive. You can often keep existing tile and re-glaze it a different color to make it more modern.

Fourth: Lighting. Add recessed lighting – It makes a massive difference. If you have popcorn / acoustic ceilings, scrape them and add recessed lighting at the same time to save on labor. Dimmable lights also go a long way.

Fifth: Landscape. This is frequently overlooked but it’s an easy way to add to the curb appeal on your home and stand out from everything else. For a rental property, DO NOT plant intricate landscape that tenants could neglect. Instead, chose tenant-proof landscape options: gravel, mulch, and low-maintenance greenery. Succulents are great.

Sixth Bonus Tip: Baseboard. 4” baseboard around the new floors and around windows/doors adds a sophisticated, upscale vibe to the home for an extremely inexpensive price.

For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness@gmail.com

Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq

Favorite Credit Cards:
Chase Sapphire Reserve – https://goo.gl/sT68EC
American Express Platinum – https://goo.gl/C9n4e3

Thanks for watching the Real Estate Investing 101: Top 5 Most PROFITABLE Renovations video!

Watch the Real Estate Investing 101: Top 5 Most PROFITABLE Renovations video on Youtube