Welcome to the Episode Guides! Check out your favorite episodes, complete with Source Guides, to help with your design and renovation planning.
Income Property: Mike & Andrea
Episode Theme: Checks on the Beach
Mike and Andrea need to generate off-season rental income from their beach house so they can acquire more properties for retirement. This is really a story about thinking ahead.
Design Theme: Waterfront Escape
Purchase Price: $279,000
Realtor Appraisal: $380,000
Increased Property Value: $101,000
Chosen Renovation Option: $50,000 – Same upgrades as option one but add fireplace and deck. Expected rent of1800/week in high season.
Alternate Renovation Option: $40,000 – Gut kitchen and bath, new consistent flooring throughout, and open wall between kitchen and living space. Expected rent of $1600/week in high season.
Estimated Weekly Rental Income: $1800 (in high season)
More to Explore...
There’s no denying that tech has transformed the real estate business. But here’s something that hasn’t changed — us. Every home buyer still wants to find the right home in the right... Read More »
Real estate horror stories aren't uncommon. People get in over their heads and end up in financial ruin. And while bad luck can happen to anyone, these situations are rarely the result... Read More »
The best way to maintain the value of your home is with regular and consistent maintenance, and the best time to do thorough checks of your house is when the seasons change.Read More »