Empower Blog Adding Value to Properties

Five ways to boost a property value

>> Play Audio here In this episode of Real Estate Talk, Ben is once again invited on the show to talk about five ways to boost a property value. Ben will be sharing his personal experience and from his point of view as a Qualified Property Investment Advisor. To start off, the most obvious way is a repaint job. It's easy, cheap and it rea...

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What’s the most Neglected step by most Property Investors

Whenever some is interested to buy an investment property, I'm often intrigued at how they kind of see it as an event rather than a process. Now, I've talked about it a lot where I think there is 5 Critical steps that you need to go through when building a portfolio and try to create some form of passive income for retirement or whatever sort of fi...

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Dear Landlords, Don’t Let Maintenance Be Your Achilles Heel

Although investment property maintenance might not be the most exciting part of being a landlord, it is certainly important. Whether you had a tenant that didn’t take care of the house during their stay or the weather conditions in Australia have been hectic, it is your responsibility as a property investor to preserve the value and good conditio...

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Renovating does not equal Riches

How exciting it is to see someone who has actually done a renovation project and they've made hundreds and thousands of dollars in it. You might think that it is easy to, I guess, replace the yield income by doing a renovation project. We've all probably heard some stories and we've seen the television shows with the really great outcomes and of co...

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5 Easy Ways to Add Value to an Investment Property

Let us for this exercise look at a typical investment type property being a 1960’s built 2 bedroom 1 bathroom apartment within a two storey block of 10 similar apartments with one car space on title located within a 10 kilometre radius of the Melbourne CBD. The value of purchase is between $300,000 & $400,000 which is very similar to the t...

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Five creative ways to increase rental returns

Quite often investors ask us about clever ways to enhance property value. Most investors pay a lot of attention to the value of the property but why don’t they pay as much attention to the returns? Well, we do, and some clever investors out there do so as well. While we like to see our equity position growing, the bottom line for any ‘buy and h...

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Questions you should ask yourself when adding value to a property

Many investors start out with ideas about creating value - or better still; manufacturing equity....The questions we have for them though are diverse. What level of renovation or improvement does the investor have in mind? How hands-on does the investor plan to be? How long will the works take? Will the works cost the investor vacancy periods?...

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Five Tips for a Happier Rental Property

To ensure your tenants are enjoying renting your property, and looking after it too, it’s important to remember a couple of things so that your relationship with your tenants and property manager is a prosperous one. So I thought I’d pen a few tips to help remind fellow landlords that if they undertake these recommendations then owning their...

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You have to Spend Money to Make Money

Let start with a simple question – Can you give me an example of how you have made money without spending any of your own money? Let’s get the obvious answers out of the way first: Inheritance. Good luck to those waiting around lazily to collect someone else’s initial spend to originally make it, not to mention the risk they took. St...

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