Business, landlord

How to turn your Ugly Investment Property into a Cash Cow

truemelbourne.com.au

How to turn your Ugly Investment Property into a Cash CowYou’ve found an investment property that ticks all the boxes: it’s the right price, in the right location, it has excellent bones, the potential capital gains look great, the potential returns are excellent, and your team thinks it’s a good choice.

But

It’s ugly.

Really, really ugly. How on earth can you rent out a property to fantastic tenants if it looks ugly?

Don’t panic, it’s not the end of the world. Remember renters are savvy and you may even be able to turn that ugly duckling into a massive selling point to potential tenants.

How?

First of all you need to be secure in your homework. Before you signed the contract to buy the property, you would’ve undertaken a lot of research – market research, property comparables, rental return numbers –  lots and lots of number crunching. It’s not exactly the most glamourous part of property investing, but it is the…

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