As someone who has remodeled and
sold houses for almost 43 years, our solution was simple, NO Curtains.
We just put blinds in on every window. Plain white or cream colored.
They cost us between $4 to $6.00
a window depending on size.
There never was any window
covering in the curtain department that made any buyer happy with
them.
But no one ever complained about
blinds.
So over 400 houses later...
Blinds would be my suggestion.
Other tips and answers from Arlene:
You
will only be considered a real estate professional if you are
licensed.
You will be considered a real estate
investor if you own any real property other than the home you live in.
I was both for almost 43 years.
Profit is profit regardless of what
you are labeled. When you make a profit you must pay taxes on it. So
make sure you keep a separate book keeping record for each property.
It is a good idea to keep everything
separate for each property.
When you paint rooms... make sure you
use antique white or off white. Remember, just about everything
you do might be changed by the new owner.
Go to seminars about real estate
investing.
Jack Miller seminars are great!!!!
Buy books at half.com about real
estate investing.
I have a book I sell for $29.95
Called Correll's Megapack Book (or the World according to Correll) and
it is all about real estate investing. The s&h is $4.75.
We no longer do re-habs, but up to
about 5 years ago, we had done probably a couple of hundred of them
over the years and probably 2 x's that in just buying and selling and
probably in the 1000's from when I owned 5 Realty World Offices in
N.Y.
When you cannot find blinds that fit
in the window, buy the next size that go over the window. It
does not matter.
Keep you carpeting neutral.
Put a little landscaping around the
front entrance.
Try to always include a refrig, stove
and dishwasher even if they are used ones, because that is an added
expense for the buyer.
Landlord sucks. I have been there a
bit and quickly decided if they were going to be the tenants from
hell, I was going to be the landlord from hell. I never took a sob
story.
Buy and sell, buy and sell,
If you live in each one as you fix
up, then it is not an investment property, but your own and you can
carry the capital gains into the next one fairly easily.
We did that most of the time when
necessary, but usually had about 5 to 20 others we were dealing with
at the same time.
Hope this helps.
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