Most investors are interested in improving the value of their asset over time. Investors typically seek both capital growth – I.e. turning a profit when they want to sell – but also maximum rental yield and minimum vacancy whilst holding the asset. The best way to do this is to create maximum appeal for prospective renters in the area.
But this can be tough to do, especially in suburbs or cities that are flat, facing oversupply (too much choice for renters, which pushes rent rates down), or perhaps aren’t offering the property type that rental seekers are looking for in that area.
Many different home improvements can be made to the property to increase its appeal and functionality to renters. Today the team at Property Correspondent offer up some innovative ideas to make your property stand out from the pack in pursuit of the best quality tenants looking in your area.
Houses – Install a New Garage Door
This is a big one. Older garages often appear tired to renters and older garage doors often lack the security level needed to protect the tenants’ vehicles being stored. Garages and sheds should be in good condition to allow the home to look maintained. The garage door is one of the main features on buildings that influence the aesthetics of the home and the good news is there are many tools available to design your own shed or garage.
Feng shui is a Chinese concept based on the principle of Tao, or harmony. Feng, which means wind, and shui, which means water, is a concept based on observations of nature and built around ideas of flow, energy, and balance of the five elements. It aims to order our built environments on principles of the natural world, and, by doing so, to create spaces that add vitality and offer peace in our lives.
Feng shui is built upon a few basic principles, the commanding position, the bagua and the five elements. The commanding position has to do with the best way to orient yourself and your furnishings within a space. The bagua is an energy map of eight spaces, each relating to different life circumstances, that are centered around a middle area representing overall health and wellbeing. The five elements are wood, fire, earth, water and metal, each of which has related concepts (e.g., wealth and abundance), shapes, colors, and seasons
Feng shui essentially seeks to incorporate desired concepts connected to both bagua and elements with the materials of a space, its colors, its air and light quality, positioning, and spatial flow.
Love is in the air and with that comes Valentine’s Day!
Unlike Christmas or Halloween, Valentine’s Day isn’t a holiday many people spend weeks leading up to with shopping and decorations. It’s a short lived holiday. Some people may not want to spend money on decor that they’ll keep up for one or two weeks in February.
Although Valentine’s Day may not be the biggest holiday on the calendar, that doesn’t mean it’s a holiday you can’t decorate for at all. There are plenty of Valentine’s Day decor items that can be kept up well into the spring, especially if you choose your decor items wisely.
Wreaths and Door Decorations
It’s not uncommon for people to keep wreaths or another type of decoration on their door up year round. There are wreaths and other door decorations for every occasion and season – Christmas, winter, spring, Easter, summer and more. This includes Valentine’s Day.
When you’re dealing with a smaller apartment, one thing is certain – you’ll have to be innovative if you want to get the most out of your space. There are plenty of situations where you’d want to have an additional room. For example, if you’ve got two kids, them sharing a single room during adolescence is sure to cause frustration all around. With that in mind, we’ve decided to give you a couple of tips on how to convert a storage space into a bedroom. Read on and enjoy!
The Right Color
So, you’ve decided to convert a storage space into a bedroom. Sure, if you’ve got a walk-in closet that you can do without; making a bedroom out of it is certainly possible. It won’t be a spacious one, obviously; let’s just say you won’t be able to transport your piano safely inside. However, you can still utilize the space you have to the best of your abilities. And by using some interior designing tricks, you can make it seem bigger than it really is.
Halloween is right around the corner, but not everything has to be super scary in order to be fun! Here’s our guide to creating a spooky haunted house that is kid-approved and just the right amount of creepy for your kids to have fun this season.
Whether you carve real pumpkins or you opt for fake pumpkins, you can’t go wrong with using jack-o-lanterns to set the mood. The more lanterns and candles (even battery-operated) you use, the more spooky lighting you can have to decorate your haunted house! We suggest purchasing plastic or foam jack-o-lanterns from your local craft store and getting the kids involved. You can find this for an affordable price and carve as many as you want to use them to decorate the whole house.
There’s a lot of things to consider before purchasing furniture. Color, design, quality, and quantity are on top of the list. However, one point that you should keep in mind is how you want them to be delivered.
When it comes to delivery, pre-assembled or flat pack furniture are two terms you should jot down when purchasing furniture for your new place. Which is better? Let’s found out.
If you don’t find yourself comfortable at assembling furniture, then you can rely on pre-assembled furniture. The term says it clearly. This kind of furniture is pre-made and is either handmade or done by machines.
The garage can be a hard place to keep organized and clean with outdoor toys, cars, storage boxes and more all coming and going throughout the seasons. The summer can be a great time to take advantage of the weather and spend the day outside re-organizing after the hectic winters and cleaning out a space that doesn’t always get much TLC.
Remove everything and organize it
A messy and full garage can be overwhelming to clean. The first thing that you need to do is remove everything to create a clear space to work with, only then you will be able to clean your garage completely.
Making your perfect Pinterest board is easy… buying everything to transfer that board into your living room, not so easy. Doing a makeover of an old space or decorating a new home is fun and refreshing but can also be stressful trying to ensure your vision comes out the way you wanted without breaking the bank. Check out these tips on how you can decorate your home just the way you want on a budget you can afford.
1. Plan your budget
It’s hard to stay on budget if you don’t have one! Set a maximum amount you are comfortable paying and stick to it. Make a list of “must-have” items before you start shopping and plan the look you are going for. This will not only help you stay on track style wise but also within price range. You can also look online for budget items or to see what stores have the best deals and if they have any upcoming sales.
Spring is finally here, and that means it’s time for spring cleaning!
Here are some spring cleaning and organization tips to help you feel motivated and refreshed at the start of a new season.
List Your Priorities
First thing’s first: you should make a list of your goals and priorities for your home this season. Do you have enough time for a thorough, deep cleaning of your home, or do you instead want to target specific areas and rooms? Do you have a lot of things you need to donate or throw away, or are you focusing more on getting organized? List your spring cleaning priorities in order of importance so you can tackle everything as needed.
New year, new look for your home! We’re looking at the most innovative home design trends for 2019 in order to show how simple it can be to incorporate them into your own space. Here are some of our favorite interior design trends and how you can breathe new life into your current spaces.
Bold and patterned back-splashes
While 2018 was a minimalist year for interior design, 2019 will signify a move toward more vibrant kitchen looks. Bold and patterned back-splashes can add some life back into your kitchen with bright colors and graphic tiles. Try using a cool blue, gray or even geometric-patterned tile in your kitchen.