How can you determine if you should spend money renovating an investment property? This depends on the condition of the property, your budget, and how often you would like to deal with maintenance throughout the life of your investments.
In today’s video, I’m sharing how I add value to my rental properties via renovation. I’ll walk you through the main mechanicals that I tend to update in my investment properties. I’ll talk about the roof, furnace, plumbing, and more!
This video is for you if you’ve ever wondered about renovation costs on an investment property. Press play to learn more about how to determine what to replace in your investment!
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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