Saturday, 19 January 2013

Make Your Investment Property Your Dream Rental Property With These Home Improvement Ideas

By: Mark Maupin
Home improvement projects are often more satisfying than any other type of project. Putting some work into making your home more attractive can really make you feel good about yourself. But how must you go about starting it? Well, you're in the right place. We will go over some great tips and tactics below and discuss how you can tackle those home improvements.

A chandelier is a great touch, even in a modest home. For less than $500, you can buy a splendid chandelier to enhance the decor of your home. For extra brightness that will truly allow your chandelier to sparkle, opt for a total wattage between 200 and 400.

Many older homes are carpeted throughout, but decades of wear and tear, often leaves a stained, outdated mess. Wood floors last much longer than carpet and never go out of style.

Think about the order in which you want to complete your work if you are working on different projects. Do things like cabinets and walls first, then the floor last. The debris that comes from working on the cabinets will damage your floor; therefore, starting with the floor would not be a smart idea. Come up with a well thought out plan as to what kind of home improvement project you would like to accomplish.

Lights activated with a motion detector sensor might be beneficial outdoors. Motion sensor lights make your home more secure because they light up when potential criminals enter the property. This translates into lowering your electric bills.

Consider adding extra insulation during your next project. Windows and doors should all be weather-stripped. When you minimize the air flow in and out of your home, you can run your environmental and temperature controls with far better efficiency. These energy savings will be significant.

If your work takes place anywhere near a gas line, such as a fireplace, dryer or the kitchen, turn the gas off before getting into your project. The utmost care must be taken in these situations. You could start a fire and hurt yourself if you are not cautious.

Decorate on a budget with paint. Painting doesn't cost a lot and it can be done over the weekend without having to completely rearrange your life. A fresh coat of paint in any room can make it look new, especially if it's a different color from before. The best part? You can always paint again if you are not satisfied with the results!

Use an asphalt sealer on your asphalt driveway to prevent crumbling and crackling. Sun and rain can damage the driveway. Water that seeps into cracks and freezes, expands and increases the size of the crack. By guarding your driveway against the weather sealants provide longevity for your driveway.

Before attempting a serious repair job, seek the aid of a professional. Often times their expertise and experience can avoid unnecessary expense and effort. You can make a huge mistake if you don't talk with a professional.

Look for home remodeling inspiration and ideas in magazines, home improvement retail stores and on television shows. It does not matter that you are not ready to undertake a project at this time, you can get some great ideas for future home improvements. Also, you can purchase supplies for future projects over time which makes them less of a financial burden when the project begins.

When people look at homes, the number of bathrooms plays a major role in determining how they feel about the house. The amount of bathrooms in your house is essential component in its property value. Adding in bathrooms can seriously improve the price of your home.

When you make improvements, think about the rest of the neighborhood too. You may be dreaming of a Victorian gingerbread house, but it's going to look ridiculous on a street full of split-level ranches. A remodel that will blend to the houses in the neighborhood will have a better chance to sell when it is time to move on.

Find a color scheme you like for your room. If you are redecorating a formal area, such as the dining room, try using complementary colors. A color wheel displays color choices that complement one another in opposite positions on the wheel; such as red and green, or yellow and blue. This specific color scheme provides separation of colors in an effective and visually challenging way.

How much longer are you going to be living in your home? Do not spend all your savings on home improvement if you plan on moving in a few years. You should however not overlook maintenance, but any major improvements can be left to a long time owner.

Heed the advice given to you by your contractor. You should have already done the research to prove the integrity of your contractor, so believe what they have to say and follow their advice. If he advises that a change will end up looking poorly, it probably will. If he gives you the price of something, it is most likely correct. Listen to your contractor.

Sitting on chair cushions flattens them over time. To restore them, put the cushions outside in the sun. The sun will get the moisture out of them and have them looking bouncy again. Remember to turn your cushions over while they are sitting in the sun. Don't let them sit for hours, because sunlight does make colored fabric fade.

Try a straight wall-mounted coat rack for a bracelet and necklace display. Never hang your more valuable jewelry, of course, but hanging costume jewelry is a great way to organize it while adding interest to a room. Hanging your jewelry up improves the decor of a room and has the added benefit of keeping it from getting tangled. Display the items that you wear frequently, so they'll be at your fingertips when you're getting dressed.

There are not that many things that are important as your home. It's vital that you keep your investment in good shape so that your home will retain its value. As you have read above, there are many different tips and tricks you can use to ensure that your improvements come out correctly. Read and absorb this information so that the next time you're looking to make home repairs or improvements, you won't be swinging in the dark.


About the Michigan Real Estate Investors Club:


The Michigan Real Estate Investors meets the 3rd Thursday of each month to give property investors, realtors and companies who provide real estate services the opportunity to network and learn from each other. The club is free to join, open to the public, and there are no pre-registration requirements. Simply show up at a meeting and enjoy the latest information from successful real estate entrepreneurs who are happy to share all their secrets to success.

Contact:

Mark Maupin
17177 Laurel Park Drive, N. Ste 142
Livonia, MI 48152
248-939-6232
Maupin.mark@gmail.com

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