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185: Listener Question: How do I decide what home improvements to make?

185: Listener Question: How do I decide what home improvements to make?

FromBe Wealthy & Smart


185: Listener Question: How do I decide what home improvements to make?

FromBe Wealthy & Smart

ratings:
Length:
9 minutes
Released:
Sep 23, 2016
Format:
Podcast episode

Description

Learn how to determine whether investing in a home improvement is a good idea or not. Have you checked out the Creating Wealth podcast yet with Jason Hartman? It’s full of amazing information and over 700 podcasts about real estate investing. If you like this podcast, you’ll like that one too. http://bit.ly/wealthpod Linda, I have a rental house that is also our beach house. I rent it out on VRBO for extra income. I’ve been wanted to make some cosmetic changes and wanted to ask your advice. I like painted baseboards better than wood baseboards - should I change them? I also am thinking of replacing the carpet in the bedrooms to tile and the kitchen countertops from tile to granite or quartz. Is it worth it to make the investment? I love your podcast and listen religiously. Your advice would be greatly appreciated! Bonnie Thank you for the questions, Bonnie! When thinking about making home improvements to a rental or your primary residence, consider this: 1. Will it improve the value of the home? 2. How long will it take to make my money back (if a rental)? 3. Is it a matter of personal taste or does it appeal to most buyers? 4. Is this the best improvement I can make for the money? 5. Knowing that kitchens, bathrooms and closets sell homes, does it fit within an improvement of one of these important categories?   Get "10 Quick Tips to Boost Your Wealth" at www.lindapjones.com
Released:
Sep 23, 2016
Format:
Podcast episode

Titles in the series (100)

Money, personal finance and financial freedom - get your money to work harder for you so you don't have to work so hard. Linda made $2 million at age 39 and shares actionable knowledge to create wealth in the stock market, real estate, and business. Discover a wealth mentor who shows you a direct path to security, stability and financial freedom. This podcast has a balanced view of how to enjoy life, it is not about frugality. It won't show you how to save a few dollars, it will show you how to save tens of thousands of dollars. Short episodes get to the point without fluff and give you valuable advice you can put to work immediately. Learn the 6 Steps to Wealth by starting with creating a wealthy mindset. Listen to one podcast and you may find yourself binge-listening to the entire library of knowledge. Be sure to subscribe so you don't miss an episode.