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Topic: Miscellaneous
Number of pages / Number of words: 542 / 151585
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3. When you buy your R1.5 million property for a contract price of R1million using your R100,000 cash and a mortgage of R900,000, what can you personally do to increase the value of your property? You could paint the property. If you do not believe that it is possible to buy a property for R200,000, have it painted, and then sell it for R250,000, you are missing out on spectacular opportunities...


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If you do not believe that it is possible to buy a property for R200,000, have it painted, and then sell it for R250,000, you are missing out on spectacular opportunities. You may increase the value of your property by replacing the rusted gutters and down pipes on the front, by putting in a new heating/cooling system, by changing the curtains or drapes, by modernising the bathroom, by putting in a new kitchen, by painting the roof, by erecting or replacing a fence, by installing an alarm system, by fitting new door knobs throughout, by changing the window shades, by adding a swimming pool, by removing an old shed, by cleaning the carpets, or by paving the driveway...


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