Posts Tagged ‘increase property value’

Increasing Profits On Rental Investments

Wednesday, April 22nd, 2009

Many investors spend the first years of their careers looking for and purchasing properties for little or even no down payments. Several of such properties have not been properly maintained by their previous owners and desperately need to be repaired and brought back up to its true potential. Investors are able to increase value on such properties in many ways.

Raising Rent

Check the cost of rent in the area around the property that you purchase. You will usually find that the rent is considerably lower than the current market. Make a few improvements to the property, such as a fresh coat of paint on the exterior or fixing up the landscaping. At the same time, send out your rent increase notices.

Tenants will feel that they are getting more value for the extra expense. It is common to give tenants at least sixty days notice to allow time for them to look around and determine that, even at the higher rate, they are getting the greatest value.

Freshen The Property

Expectedly, when you raise the rent, several tenants will decide to move. This works to your advantage. Take the opportunity to make some repairs and additions to the property, such as new carpets or countertops. This will make the property appealing to investors that are more serious.

Rent To Own

Finally, once you have fixed up the property and increased the value as much as possible, offer the option to purchase the property when new tenants sign the lease. You can collect money upfront that you will keep should the tenants decide to purchase the property.

This will get your tenants thinking more like homeowners and less like renters. If they have the option to purchase the property, they are more likely to treat it as if it were their own.

In just a few simple steps, you are on your way to hanging up your landlord hat and becoming a serious real estate investor.

Property Options Australia
Property Options Blog © 2006 - 2009

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What Property Options Are NOT

Friday, March 20th, 2009

Property options are a lot of things, such as a great way to earn a huge fortune with a small investment or save for retirement. However, there are also many things that property options are not.

As a matter of fact, these things all seem to add up to considerable value for anyone interested in investing in the property market. As you are thinking about why you should invest your money in property options, also think about the many different options that are available to you. You will need to plan each of your investment decisions with care, however you will benefit from many rewards that reduce the overall risk.

Things You Will Not Find With Property Options

You will not find the need to make any large investments when you start out in the market. You will only need to make a small investment in property options in order to make a considerable income.
You will not find the need for a huge mortgage that keeps you constantly worried about your credit. Actually, you will not have to have a mortgage in order to secure this type of transaction. You can use the money that you save to buy additional options or to increase the value of the property to accelerate profit.

You not have to deal with tenants. If you are looking to manage a condo or apartment complex, this is not for you. On the contrary, if you are looking for a way to make money without the worries of tenant problems and routine maintenance, property options is right up your alley.

Go For It

The most important thing that you will not find in the property options market is a reason not to invest. In order to get started learning everything there is to know about property options and the many benefits they provide, you need to contact Mark Rolton, the founder of Massland. Through Massland, Mark Rolton is able to educate a countless number of investors on the various opportunities that are available with property options.

Property Options Australia
Property Options Blog © 2006 - 2009

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Property Options: The Right Move?

Friday, November 28th, 2008

Although property options are not a totally new idea, many people are not aware of this method of real estate investment. However, many well-known wealthy individuals of today used property options to build the fortunes that they now possess and the same is possible for you.

The Key To Property Options

The key is to think of property options as a completely new way to invest in real estate. Instead of thinking of it as a traditional property transaction such as buying a home, think of it more like an investment in a certain business.

For those of you who do not know what property options are, it is simply legal documentation that gives you control of a specific piece of property. The type of control that you get with property options is not the same as you get with traditional real estate ownership. It is a way of controlling the property to ensure that you make a profit from it. When you invest in property options, you will be able to benefit substantially, monetarily speaking.

Best Ways To Profit

One of the best ways to make a real profit from your property option ownership is simply by watching the property grow. You can speed up the process by adding value to the property one way or another. This is where the control that you have over the property is most profitable. A development approval from the local council allows you to develop the property and reap the benefits of the massive amount of value you can add to the property.

With property options, you only have to purchase the property if you so choose. You can save money on your investment by not paying any settlement costs, not paying repair charges and not dealing with deadbeat tenants.

Mark Rolton and Massland are available to teach investors like you how to select the best pieces of property in which to invest you hard earned money. Mark Rolton has been successful in building a fortune with his unique tricks of the property options trade and he is ready to show you everything he knows.

Sean Rasmussen
Property Options Australia
Property Options Blog © 2006 - 2008

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Property Improvement Ideas That Really Pay Off Part 3

Tuesday, November 11th, 2008

This is the final installment in this series providing ideas to help you improve the value of your property and make it more desirable to prospective buyers.

Energy Efficient Upgrades

With energy prices through the roof and economic problems all across the board investing in energy efficient products just makes sense. If you are in a hurry to sell your property and are looking for a quick return this is not the improvement for you. But, if you are looking at your property as an investment and want to make the most of your upgrade dollars, installing energy efficient upgrades such as solar panels will certainly pay off in the long run. Many buyers are becoming increasing more “green friendly” and having energy efficient upgrades will make your property much more desirable and valuable.

Landscaping

Buyers will judge your property by what they see when they pull into your driveway. If the outside of your property is rundown and decrepit looking, a buyer will be less likely to want to purchase your property. Even if they do like the inside of your property, they will be more apt to purchase another property that looks nicer on the outside. The old adage “don’t judge a book by it’s cover” does not apply in real estate and first impressions are very important. Curb appeal is very important but it doesn’t have to break the bank. Small simple steps can make a major difference in the appearance of your property. Buying flowers and planting a small flower bed can add color and beauty to your property and yard. You can also purchase small plants and make sure that your lawn is trimmed and walkways are swept and clean. Another way to increase curb appeal is to paint your front door or install decorative outdoor lighting. If you keep your expenses limited to less than $1000 you should be able to recoup the entire amount. You only have one chance to make a first impression, so do what you can to make the outside of your property really stand out in the prospective buyers mind.

If you follow some of these steps to improve the value of your property you should be able to make your house really stand out to buyers. The recoup value of all of the projects mentioned falls between 50%-100% which makes for a good investment in getting more people interested in your property.

Sean Rasmussen
Property Options Australia
Property Options Blog © 2006 - 2008

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Property Improvement Ideas That Really Pay Off Part 2

Sunday, November 9th, 2008

In this installment we will discuss additional property improvement ideas that will help to increase the value and appeal of your property and help bring prospective buyers in to look at your property. In the last entry we explored a few options that will add value to you property without breaking the bank and still offer you a modest recoup value while adding appeal and generating interest with buyers. Here are a few more ideas to give you the edge you need over the competition.

Renovate The Bathroom

Buyers do not like to walk into an old and outdated, cramped, dirty bathroom that has mold and smells like a, well, like a bathroom. Buyers want newer, cleaner looking bathrooms with big spaces and lots of room. Updating your bathroom is essential if you are really serious about getting the edge in a tough market. Some of the main things to do when remodeling the bathroom is replacing the toilet, sink, vanity, and shower or tub. This can get expensive but it is estimated that sellers will recoup approximately 75% of the cost of updating a bathroom. It could also mean the difference between having your house sell, or watching it sit on the market for months or even years. Partial renovations, where you only replace a few more necessary items, can be less expensive and still offer some of the benefits of having a newer looking bathroom. Any thing that you can do to make your bathroom appear newer, bigger and cleaner will greatly increase the value of your property.

Upgrade Your Kitchen

If your kitchen was last remodeled in the 1960’s or still has the pea green or electric orange that it did back in the 1970’s you will not get the kind of offer that you want from prospective property buyers. Remodeling or updating a kitchen can be a daunting and expensive undertaking. Experts advise that you start small and make as many noticeable improvements as you can. Things that are visible and produce a good impression include updating the counter tops with granite counters and installing stainless steel appliances. By purchasing just a few higher end items, instead of several low end items, you can maximize the impression by having some desirable expensive-looking things in the kitchen. Buyers eyes will focus on the newer, expensive items and will be less likely to notice that the walls need to be painted. Having fancy newer appliances also gives the kitchen a newer look and you may just be able to get away with that swanky 70’s light fixture

Look for more great ideas in the next blog post.

Sean Rasmussen
Property Options Australia
Property Options Blog © 2006 - 2008

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