subject: Rehabbing For Less [print this page] Rehabbing houses is a mode of real estate investing wherein an investor buys and renovates an old property before selling it a higher price. It is an enjoyable and easy way to make money in the housing business nowadays. And with real estate prices lower than before, it is now much easier for a rehabber to find affordable properties that he can transform into gorgeous houses.
Contrary to popular belief, there are many ways to improve a propertys appearance without spending more money. By using your creativity and ingenuity, you can turn an ugly fixer-upper into a work of art while minimizing your expenses and maximizing your budget.
Always remember that first impressions are important when selling a rehabbed home. Therefore, you have to make sure that the property is presentable and can easily grab the attention of potentials buyers at first glance. Here are some techniques on how to improve a houses curb appeal without spending more:
Avoid painting over old electrical switch plates. Instead, replace them with new ones, which cost around 50 cents each. For about $20, you can replace all the switch plates in the house, thereby improving the interior of the property.
Replace broken and beaten down doors, especially the front door, with new ones. If they are still in good condition, you can paint them over with glossy paint.
A colorful and trendy mailbox is a nice addition to your property as most neighborhoods have the same letterboxes. For less than $100, you can dramatically enhance the curb appeal of your rehabbing project by setting up a unique mailbox.
Cleaning up the yard and planting a garden will give the property some plus points. Therefore, you should put up a flowerbed containing brightly colored flowers near the front door or the porch to add a homey touch to the house.
Install lighting fixtures outside to make the property look safe.
Before you do these image-boosting methods, however, you have to make sure that all the major repairs are finished. You shouldnt repaint the walls or install new bathroom tiles if you havent fixed the electrical and plumbing systems yet. Instead of spending less, you will be forced to shell out more money because you have to redo the renovations all over again.
If you want to learn more tips on rehabbing houses, visit www.Rehab-Real-Estate.com. The website is a good source of information about refurbishing fixer upper house for it contains quality real estate articles, audio files, and videos.
