He finished it off with some more decorative molding.
I was thinking maybe people put jacuzzi tubs in and think they can charge more for rent or something like that.. Scott said that the biggest mistake people make is trying to do the work themselves.. Gasp!But DIY’s a good thing right?
We all love DIY!.Well, unless you really REALLY know what you’re doing in this situation, you can get yourself into a lot of hot water because you’re dealing with someone else’s living space here.The best bet for most people who aren’t experts, in the long run, is to stay away from trying to learn plumbing, or electrical, or tile work for the first time on your income property.
Go ahead and paint.But leave the big things to an expert..
The last thing Scott wants you to think about for your future income property is space planning.
He sometimes sees people eliminate things like a laundry room, or a dishwasher in a space to create more room or to save money on having to invest in those appliances.First on your list should be a kitchen and at least one bathroom that feel clean and comfortable to you.
They should be updated enough that you can just move right in and use them, even if they’re ugly.You’ll also need a laundry room that you can use right away and somewhere cleanish and dry that you can store all of your stuff.
Look at the foundation of the house, the structure, and the roof.If these things are “move in ready” then the rest of the ugliness can be taken care of over time.
(Editor: Modern Canopies)