MAXIMIZE THE VALUE OF YOUR
When someone invests in real estate, the objective is to make a profit, not simply break even. Hence,
you should try to limit your real estate ventures to investment in properties with the highest potential
to generate a profit (which could be profit through a fix-and-flip or through renting it out).
There are some tried-and-true strategies that usually help increase the value of an investment
property. Best of all, the strategies described below will not break the bank.
. Curb Appeal is Key
The first thing anyone sees is the exterior of any property. Hence, it is very important to invest the
time and resources in optimizing the property value either by regular maintenance or professional
landscaping for a complete look.
. Home Technology
It is becoming more common for home buyers and renters (especially renters willing to pay thousands
of dollars per month) to demand a property contain “smart tech” such as:
. Energy-efficient thermostats;
. Built-in Alexa or Google Home devices;
. Ring devices;
. Keyless locks; and
. Smartphone-compatible appliances.
If you are concerned about the cost of adding these gadgets, do not fret. Most home tech devices are
surprisingly reasonable in terms of cost. For example, you can purchase and install a Ring video
doorbell for a couple hundred dollars.
If you have at least one new device installed on the property, there is a good chance it will help
increase the value and appeal of your property when it is listed it for sale or for rent.
. A Well-Staged Home
When the goal is to generate profit, it is worth the expense to get it staged for showings. Well-placed
and tasteful furniture and décor can make all the difference in terms of attracting the right buyers /
Interested in Working with a Hard Money Lender in Los Angeles? Contact PB Financial Group Today
If you are looking to secure a hard money loan for a real estate venture, take action by contacting PB
Financial Group today. PB