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Book details

From Renos to Riches - The Canadian Real Estate Investor's Guide to
Practical and Profitable Renovations

From Renos to Riches - The Canadian Real Estate Investor's Guide to Practical and Profitable Renovations

 eBook, Published by Wiley   (17 April 2012)

£15.99

Book description

FROM RENOS TO RICHES

THE CANADIAN REAL ESTATE INVESTOR'S GUIDE TO PRACTICAL AND PROFITABLE RENOVATIONS

As an investor, part of providing a residence for your tenants is providing a place where they will feel at home and want to stay. How do you do this affordably and strategically? Many landlords will either do a minimal amount of workÂ-and work that has no lasting valueÂ-or at the other end of the spectrum, go overboard, using expensive materials and paying for extra and unnecessary labor. Rental renovations are meant as a long-term investment with your best asset in mindÂ-your tenant. Knowing what renovations to undertake and how to do them will guarantee that money is well spent on long-term renovations that last the life of the property and decrease tenant turn-over and loss of rental income.

From Renos to Riches is the product of the author's experience as a renovator and investor in residential properties. It offers the reader insights into these key areas:

  • how to assess and cost a renovation and determine if it makes financial sense;

  • what's involved in contracting out a job;

  • how to keep to budget and timelines;

  • how to green your property;

  • jobs you can tackle yourself;

  • design tricks that are inexpensive but look like a million bucks;

  • and much more.

With this book you can grow the value of your portfolio of properties; increase cash flow through strategic renovations and decrease expenses by saving money on maintenance by doing the job right the first time; reduce energy usage; and create goodwill with the people who drive your businessÂ-your tenants.

Ian Szabo has been a project manager and general contractor, and is a renovator and investor in residential real estate. His work has been showcased on programs on HGTV and the W Network, including Take This House & Sell It; Designer Superstar Challenge; Rooms that Rock; My Parents' House; Real Reno's; and Home to Stay. His work has also been showcased in House & Home magazine. Ian is a member of the Real Estate Investment Network, where he speaks on renovation, and is a keynote speaker at industry trade shows. For more information, visit www. flipschool. ca.

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