{"id":5783,"date":"2017-04-11T07:15:57","date_gmt":"2017-04-10T21:15:57","guid":{"rendered":"http:\/\/www.trc-gorod.ru\/?p=5783"},"modified":"2020-05-25T11:10:20","modified_gmt":"2020-05-25T01:10:20","slug":"structural-renovation-right-investment-property","status":"publish","type":"post","link":"https:\/\/trc-gorod.ru\/structural-renovation-right-investment-property\/","title":{"rendered":"Is a Structural Renovation Right for Your Investment Property?"},"content":{"rendered":"

[et_pb_section bb_built=”1″ admin_label=”Section_2_Text Left:” fullwidth=”off” specialty=”off” transparent_background=”off” background_color=”#f7f7f7″ allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”on” width_unit=”on” use_custom_gutter=”off” padding_mobile=”on” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” parallax_1=”off” parallax_method_1=”off” parallax_2=”off” parallax_method_2=”off” column_padding_mobile=”off” custom_width_px=”768px” custom_padding_last_edited=”on|phone” background_color=”#ffffff” custom_padding=”60px|60px|60px|60px” custom_padding_phone=”40px|20px|40px|20px”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Is a Structural Renovation Right for Your Investment Property?” title=”on” meta=”on” author=”on” date=”on” categories=”off” comments=”off” featured_image=”on” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”left” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” module_bg_color=”rgba(255,255,255,0)” use_border_color=”off” border_color=”#ffffff” border_style=”solid” disabled_on=”off|off|off” disabled=”off” custom_margin=”||40px|” title_font_size=”36px” title_font_size_phone=”28px” title_font_size_last_edited=”on|phone” title_text_color=”#00afff” meta_text_color=”#95989a” \/][et_pb_text admin_label=”Text_B:” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]<\/p>\n

At TRC-Gorod, we provide \u201ctime proven\u201d property investing information and advice. We work directly with property investors throughout Australia, helping them reach their wealth creation goals.<\/span><\/p>\n

Recently, Bupa Landlord Insurance\u200b showcased us in a post on the subject of structural renovations. <\/span><\/p>\n

Check out what we have to say in the article titled <\/span>Structural Renovation Tips for Your Investment Property<\/span><\/a>, then read on to find out more about this effective add-value strategy.<\/span><\/p>\n

Is a structural renovation right for me?<\/span><\/h3>\n

The following 4 tips can help you decide:<\/span><\/p>\n

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1.<\/span> Understand the target market and who you\u2019ll be selling\/renting to<\/span><\/h3>\n

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A major renovation can be costly in terms of both the renovation itself and the lack of income while your investment property<\/a> is being updated.<\/p>\n

That\u2019s why it\u2019s so important to understand what the market is doing both locally and generally. What are people looking for? Can the area demographic afford the increase in rents?<\/span><\/p>\n

Will the structural renovation add value? <\/span>Hint: It will only increase your investment property\u2019s value if your target demographic wants (and is willing to pay for) the changes you plan to make.<\/span><\/i><\/p>\n

[\/et_pb_text][et_pb_image admin_label=”Image_384px” src=”https:\/\/www.trc-gorod.ru\/wp-content\/uploads\/2017\/04\/shutterstock_430232263.jpg” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” animation=”left” sticky=”off” align=”left” force_fullwidth=”off” always_center_on_mobile=”on” use_border_color=”off” border_color=”#ffffff” border_style=”solid” custom_css_main_element=”max-width: 384px;” alt=”property renovation” \/][et_pb_text admin_label=”Text_H3: ” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” header_font=”Open Sans||||” saved_tabs=”all”]<\/p>\n

2.<\/span> Start with the right property(ies)<\/span><\/h4>\n

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Proper due diligence is vital to an investor\u2019s success. Three key factors to consider before you buy a particular investment property are:<\/span><\/p>\n