Looking to splurge a little more ? Have a look at slightly more expensive renovation ideas :
• Repaint the inside of the unit with modern colours .
• Replace the carpets with tiles as tiles work better for a unit you are renting out .
• Upgrade the cupboards in the kitchen and bedrooms . ( Try using the existing structure and only replacing the front cupboard doors )
• Put in a granite kitchen top .
• Modernise the basins in the bathroom and the taps in the bathroom and kitchen .
• Add smart features to your unit .
Doing maintenance or renovations on your rental property is usually a good idea because your property will
stand out from competitors while earning you more money . You could even improve your property ’ s energy efficiency while you ’ re at it !
Rossalyn Carter said , “ There is nothing more important than a good , safe , and secure home ”, and I can guarantee your tenants will agree . Therefore , whatever your budget , find ways to maintain and improve your rental properties .
SOURCE Prosperity Enterprises
Jaco Grobbelaar Property investor , structuring specialist & international speaker . Grobbelaar founded Prosperity Enterprises to assist individuals in building their property portfolios through education , structuring & support .
SA Real Estate Investor Magazine OCT 2021 33