My House Works Podcast
Episode 4 | Unlocking Rental Riches: Key Considerations for Finding Lucrative Investment Properties
In this episode, Thereza discusses two main factors that affect the value of your house: the surrounding area and the desirability of your house itself.
The first point is about the importance of keeping an eye on the area surrounding your house. Thereza says that if you notice a serious decline in the area, it is time to get out sooner rather than later. This is because the value of your house is highly affected by the desirability of the area. If the area is no longer desirable, it will be difficult to sell your house for a good price.
On the other hand, if your house is in an area that is still desirable, there are ways to make it work for you. Thereza mentions that if there are many schools, hospitals, entertainment areas, and young people moving into the area, then your house is likely to be valuable. In this case, you can rent out your house or use it to generate income in other ways.
This short Episode is packed with great tips and keys to consider when looking at investment property or increasing the value of your future or existing property.
Craving the freedom of financial security? My House Works Podcast empowers you to unlock the wealth potential within your own walls. We'll delve into actionable tips, expert insights, and real-life stories to show you how to maximize your living space, boost your property value, and turn your home into a lucrative asset. Whether you're a seasoned homeowner or just starting out, My House Works Podcast has the key to unlocking your dream financial future.
In this episode, Thereza discusses two main factors that affect the value of your house: the surrounding area and the desirability of your house itself.
The first point is about the importance of keeping an eye on the area surrounding your house. Thereza says that if you notice a serious decline in the area, it is time to get out sooner rather than later. This is because the value of your house is highly affected by the desirability of the area. If the area is no longer desirable, it will be difficult to sell your house for a good price.
On the other hand, if your house is in an area that is still desirable, there are ways to make it work for you. Thereza mentions that if there are many schools, hospitals, entertainment areas, and young people moving into the area, then your house is likely to be valuable. In this case, you can rent out your house or use it to generate income in other ways.
This short Episode is packed with great tips and keys to consider when looking at investment property or increasing the value of your future or existing property.
Craving the freedom of financial security? My House Works Podcast empowers you to unlock the wealth potential within your own walls. We'll delve into actionable tips, expert insights, and real-life stories to show you how to maximize your living space, boost your property value, and turn your home into a lucrative asset. Whether you're a seasoned homeowner or just starting out, My House Works Podcast has the key to unlocking your dream financial future.