PROPERTY MANAGEMENT
PROPERTY MANAGEMENT
Renovating for Profit: How to build smart, avoid pitfalls and choose the right partners
• Pick contractors with compliant credentials, clear contracts, and proven experience to avoid costly delays and disputes.
• Focus upgrades on kitchens, bathrooms, space optimisation, and energy efficiency, the biggest profit drivers in any market.
• Protect your investment through insurance, tight project planning, transparent communication, and solid legal agreements.
Renovating or building a property for profit is one of the fastest ways to force appreciation, but it’ s also where investors burn the most cash through poor contractor choices, weak contracts, and overcapitalisation.
When done right, upgrades can boost value, attract quality buyers or tenants, and significantly increase long-term returns. When done wrong, projects spiral into delays, disputes, legal battles, and financial damage.
Across South Africa, bodies like the Building Industry Bargaining Council( BIBC) and Master Builders Association Western Cape( MBAWC) have repeatedly warned that disputes in the renovation and retrofit space are rising sharply.
52 REI MAGAZINE DEC / JAN 2026