5 Ways To Add Value To A Property
Episode description
Adding value to a property is one of the most important things you can do and makes great financial sense whether you are renting or selling it.
Shaz shares five great ways you can easily add value to any property whether you are looking for tenants or looking to sell
KEY TAKEAWAYS
- If you are serious about property you should be serious about adding value to any property
- It makes good business sense to increase the value of an asset wherever you can
- Create more units or more flats, smaller units are easier to rent and when you sell they will sell more quickly. More units mean you are adding value
- Convert the garage into a living space
- Add a conservatory and make sure it’s built to get the maximum amount of sun
- If the property looks outdated then update it, people like fresh and new looking properties
- Make the exterior of the property look good because first impressions count
BEST MOMENTS
‘You can add £30,000 of value by doing £20,000 of work’
‘Add a conservatory because everyone loves a conservatory’
‘It’s easy to get tenants for a nice looking property’
VALUABLE RESOURCES
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
· YouTube.