Common Spaces Spruce Up

Episode HINPR-511H

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  • April 21, 2014

    9:00 AM e/p

When Laura met George he had recently bought this rental property. Laura and George lived in one of the four units until they were married and could afford to buy their own family home. Looking after the units and managing the tenants consumed all their spare time then, but now with their own house and a new baby they have absolutely no time to do the essential maintenance on this property. In fact, its quickly becoming the worst house on the street, and needs an urgent intervention to prevent major problems. Giving it some clever, low-maintenance curb appeal and improving the common spaces in the interior will also add value to each of the individual apartments. This property is supposed to fund Laura and George's future retirement, but now it's a bone of contention and Laura is tired of nagging George who simply has no time! They need Income Property help.