How often should a property be renovated?

[cherry123]

Yeah, I think it is important to budget some percentage of the yearly rentage from tenants for renovation.

Some landowners know this like mine and try to fix all that is needed to be done in the home

 

[Chibson]

Some landowners know this like mine and try to fix all that is needed to be done in the home

Yeah, any house owner should always put such things into consideration because it is very important if he or she wants to continue making profit.

 

[cherry123]

Yeah, any house owner should always put such things into consideration because it is very important if he or she wants to continue making profit.

Yes profit making In real estate is proportionate to the value of the house. You out your house in order and you get good money

 

[LoukiaCharilaou]

Yeah so it will need to be renovated and this will help to increase its value

Yes, of course. Its value will be increased if it is renovated. A good renovation always sells.

 

[cherry123]

Yes, of course. Its value will be increased if it is renovated. A good renovation always sells.

Sure i think some landlords are aware now and they are doing great at it.

 

[LoukiaCharilaou]

Sure i think some landlords are aware now and they are doing great at it.

Yes, because it seems they have no other choice. Renovation is essential.

 

[eldavis]

If its a commercial property, then it would be best to renovate it periodically due to the fact that the market is changing, so to be able to keep up, it needs to be renovated.

 

[Chibson]

Yes profit making In real estate is proportionate to the value of the house. You out your house in order and you get good money

there should always be a timeline for renovation of the house for continuous profit-making. I think it is one of the most important things that should be put into consideration.