Welcome to the Episode Guides! Check out your favorite episodes, complete with Source Guides, to help with your design and renovation planning.
Income Property: Rebecca & Stew
Episode Theme: Country Cashflow
Rebecca and Stew need to generate rental income so they can afford to live artisan lives in the country.
Design Theme: Welcome to Wellington
Purchase Price: $296,000
Realtor Appraisal: $375,000
Increased Property Value: $79,000
Chosen Renovation Option: $30,000 – Renovate the gallery space to create a self-contained unit with multiple sleeping areas.
Alternate Renovation Option: $20,000 – Renovate the back room of the main house to cerate a small one bedroom unit. Potential rent of $800/week during the high season.
Estimated Weekly Rental Income: $1500 (in high season)
More to Explore...
There’s no better way to preserve the value of your house than with regular, consistent homemaintenance. So every time the seasons change make sure you do a thorough check of your house... Read More »
When I started investing in real estate over 15 years ago I had no experience and didn't really know what I was doing. As a result, I made a few mistakes. But... Read More »
There will be those who tell you there is no “off season” to sell your home, but for me there are clearly times during the year when the buyer pool is smaller.... Read More »