What's wrong with managing your own rental property?
Sometimes new investors make the decision to manage their own investment property. After all, its seems obvious - why pay an agent to do something so simple as banking a rent cheque?
The astute investor always wants to find a bargain. They are looking for a property that will increase their wealth either in the short or long-term.
Bargains are often found by reading and understanding the market, researching future infrastructure of an area and monitoring what has been happening in surrounding suburbs.
With more and more home improvement television shows inspiring property owners to make over their property the D-I-Y (do it yourself) method, we thought it would be helpful to share some tips and pit-falls for you to avoid to ensure that your renovations run as smoothly as possible and as close to budget as possible.