I recently purchased a
house which was in a bad condition. The first thing that I did was to renovate
it. I could have rented out the way it was but I would not have attracted
qualify tenants. Whenever I buy a property I always picture in my mind what
will need to be done to get it to look nice, attract quality tenants and get it rented as soon as
possible as time in real estate is money. So far this formula has paid off,
Whenever I have showed my properties to potential tenants the first thing that
they have said is “what a nice and clean place” I have to tell you that
whenever somebody says something like this I feel that I have done my job of
providing a good house. My philosophy is simple “if after I finish the
renovations I feel that I would not live in the property myself then I know
that I still need some more work to do.”
Regards,
Enrique Malpica- Real Estate Investor
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