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Wednesday, April 28, 2010

Back for Buck Secrets for Rehabbing Houses

When rehabbing houses, veteran investors use what they call “bang for buck” repairs. These are the types of home improvement projects that cost less but result in a significant increase in the value of the property. Many rehabbers have discovered these secrets rehab after rehab. Want to know some of them? Here are some bang for buck secrets you can use to elevate your real estate investing business.

Let the magic drip. You may not know this but faucets and other plumbing fixtures are actually among the small details of a house you must focus on. Rehabbers must replace these fixtures even if they look relatively decent or are still working. For a very small price, you can make the prospect buyers touch the feel of a new house – literally. When they twist the faucet and see the glimmer, they will fall for the property. In today’s market, long stem faucets are considered fashionable and class.

Green is in. When rehabbing houses, one area you should pay particular attention to is the lawn. The lawn serves as the smile of a home. If the front yard looks bad, then the property will appear sad. So even if you do the repairs inside the property, make sure that you still water the grass outside every day. If there is a need to repair the lawn, do it as well. Remember, green is in.

Light the way. You may now notice it but a well lit room always appears bigger than a dark room. Lighting plays a crucial part is improving the overall appearance of the interiors. They also brighten the mood in the house so these are replacements you must include in your priority. If you are looking for lighting fixtures, make sure you buy those that give the room a touch of elegance. There are scores of cheap lights and bulbs that actually look posh.

Flush the negative vibes. If you’ve tried inspecting a house before, you’ll realize that you tend to scrutinize the bathroom. That’s a natural tendency among home buyers. That is why investors pour a significant amount of money when repairing bathrooms. Those who are successful in rehabbing houses are investors who plan well the improvements they will do in the bathrooms. They install a new tub, new shower and toilet, and new and shiny bathrobe holders. You can also include a mirror in a well lit wall.

Try these “bang for buck” secrets and you’ll notice an increase in your profits. You’ll also see a drop in expenses. If you want more secrets from veteran rehabbers, just go to Rehab-Real-Estate.com.

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