Addy Saeed and Kaz Jaffer from Smart Real Estate with Westcliff discuss how rehabilitation and renovation projects can transform aging properties into profitable assets. They highlight the importance of modernizing key areas, like kitchens and bathrooms, improving aesthetics, and adhering to local building codes. They also stress the need for effective planning, budget management, and working with reliable contractors to minimize disruption and maximize returns. An example is provided of an investor increasing a property’s value by updating an older building’s features, leading to higher rents and better occupancy. The video encourages viewers to subscribe for more insights and offers professional help for potential renovation projects.
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