Welcome to the Episode Guides! Check out your favorite episodes, complete with Source Guides, to help with your design and renovation planning.
Income Property: Michael & Kristine
Episode Theme: Start Up the Income
Michael and Kristine need rental income for financial security while they both work for the same environmental startup.
Design Theme: Fresh Perspective
Purchase Price: $690,000
Realtor Appraisal: $820,000
Increased Property Value: $130,000
Chosen Renovation Option: $80,000 – Large one bedroom apartment with open concept living room & kitchen. Anticipated rent of $1400 per month.
Alternate Renovation Option: $60,000 – Compact two bedroom. Gut and replace bathroom, bedroom remodels, full kitchen along back wall and en suite laundry. Estimated rent of $1250 per month.
Estimated Monthly Rental Income: $1,500
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