In this video, I discuss 5 renovation mistakes that kill the profits of new rental property investors. [0:53] Excitement around designing rental property [1:22] #1 Over-improving [3:02] #2 Skipping required repairs by local municipality [4:13] #3 Picking the wrong contractor [5:37] #4 No value-added amenities [6:59] #5 Mismanaging the budget [9:14] Getting your renovation budget right upfront
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