EP17: Investment Property Renos

The Property Investors Handbook With Colleen Sutherland

Welcome to the Property Investor's Handbook Podcast! In this episode, host Adam Bell dives into the world of investment property renovations with expert Colleen Sutherland from Sutherland's Property Management Group. Colleen shares her wealth of knowledge on strategic upgrades that can significantly boost the value of your property investments.

Discover the top renovations that offer the best return on investment, from painting and carpeting to lighting and plumbing improvements. Learn how to determine when your property needs a makeover and how to budget for these essential updates. Colleen also explains the difference between necessary maintenance for tenant satisfaction and value-boosting upgrades for market competitiveness.

We explore the balancing act of cost versus benefits, including the impact of renovations on rental income and property sale prices. Colleen provides valuable insights on managing renovations during tenant turnovers, the importance of using quality materials, and the logistics of coordinating trades to minimize vacancy periods.

Whether you're a seasoned property investor or just starting out, this episode is packed with practical tips and expert advice to help you make informed decisions about property renovations. Tune in and learn how to maximize your returns through smart, strategic improvements.

Don't miss this essential discussion on enhancing your property's value! For more information, reach out to Colleen at spmg.com.au. If you enjoyed today's episode, please subscribe, like, and share your thoughts in the comments. Your feedback helps us bring you more valuable content tailored to your property investment needs.

Join us next time for more insights and strategies to help you succeed in the world of property investment.