An investment property is any real estate which is purchased with the purpose of financial gain. It is generally not owner occupied but is rented out or it can be purchased with the purpose of resale. If the owner has been lucky enough to buy a bargain it can be resold at market value for a profit. Often renovation of the property will enhance the value and it can then be resold at a profit or held and rented out with a gain in equity.
Ask for the order. Get them to sign the purchase contract. Asking for the sale seems simple enough but a lot of investors are afraid property staging to ask for the sale.
But when they see a house they want, one that they can clearly picture themselves living comfortably in while enjoying their particular lifestyle, every bit of reason usually goes flying out the window, so to speak.
An HMO can have a number of meanings, I am referring to where you divide the house staging up and charge by the room instead of charging for a whole property. The property does not have to be anything special, I have successfully used two bedroom terraced houses as HMO’s. You also have the advantage that you can use properties which would not let as a house and are often cheaper to buy than a house of the same size as an HMO, for example an old pub or offices. The rent received by doing this can be as much as three times the rent achieved letting the property as a whole to one tenant. However, there is usually a lot more administration and regulations involved when letting a property.
What I do know is that the houses feel more like homes — very clean, very uncluttered homes! I don’t see that staging takes away from anyone being able to visualize their own furnishings there. And, I thought the rooms looked larger once they were furnished.
2) Clear the clutter: If your current tenants are messy, consider waiting until they have left until you show prospective tenants round. New tenants often cannot see past the clutter and therefore struggle to see themselves living there. If previous tenants have gone and left clutter inside or out – get rid of it.
Of course, these things are based from other people’s experience. It will still be all up to you to say that it is useful or not. However, basing on the principle why people do staging, you can really tell that it can help. Well, there is no harm in trying. Besides, it makes your properties looking better than ever. No potential buyer would hesitate looking at your place.