What Improvements Increase The Value Of A Home

  Рет қаралды 147,645

Kris Krohn

Kris Krohn

Күн бұрын

Пікірлер: 82
@ewayjeng1
@ewayjeng1 4 жыл бұрын
I think the fromt yard cosmetics is key, nice lawn and driveway make a difference when it comes to showing
@manuelllano6369
@manuelllano6369 7 жыл бұрын
Really such a good information, this are the type of videos i like. Thank you for sharing Kris.
@KrisKrohn
@KrisKrohn 7 жыл бұрын
Glad to have you. Thanks for sharing!
@generalpatton7876
@generalpatton7876 3 жыл бұрын
You actually give really legit advice. Thank you sir.
@johnmichael642
@johnmichael642 6 жыл бұрын
Nice video I'm in construction but have never thought of it like this
@Carlos--Claveran
@Carlos--Claveran 5 жыл бұрын
Awesome video! Great info! Learning more everyday.. THANK YOU!!
@SmartRapperTV
@SmartRapperTV 6 жыл бұрын
"Unless it's Gold" lol
@Marketplacere
@Marketplacere 3 жыл бұрын
Great video. Now everyone will know how to analyze and scoop up the deals!
@joelarroyo5584
@joelarroyo5584 5 жыл бұрын
What's the best way to do FSBO and close without realtor involvement? You rock man!
@biggrime
@biggrime 6 жыл бұрын
Great video! It helped me out a lot
@terrellsmith3253
@terrellsmith3253 5 жыл бұрын
I'm confused.. If you just save the ten grand instead of investing it you will have the same results right? Except you if you invest the ten grand you have to put in the work also to get it fixed up.. What am I missing?
@The8kredline
@The8kredline 7 жыл бұрын
Great video, Kris! Love your tips!
@KrisKrohn
@KrisKrohn 7 жыл бұрын
Thank You!
@dgarnush
@dgarnush 6 жыл бұрын
Thank you Kris you’re amazing!
@shiokantsingh5019
@shiokantsingh5019 6 жыл бұрын
I m truly inspired by your video and plan to move in real estate industry. I got lots of information from your videos.
@towannsmith5872
@towannsmith5872 5 жыл бұрын
Great Information!!
@heazy9744
@heazy9744 6 жыл бұрын
We have a newly renovated mother-in-law downstairs with laundry, 2 bedrooms, full kitchen and living room. This means you can easily rent out the downstairs for at least half of the mortgage. How much value does this add to the home?
@jhenry9636
@jhenry9636 5 жыл бұрын
This is provides great value. Thank you thank you!!
@10digitmind33
@10digitmind33 4 жыл бұрын
Real teacher
@pacman8551
@pacman8551 7 жыл бұрын
How does a property appreciate in value while you're renting it out ?
@KrisKrohn
@KrisKrohn 7 жыл бұрын
Appreciation is determined by the demand in the area. If other similar houses in the area go up in value, so will yours.
@PleasentMusic27
@PleasentMusic27 3 жыл бұрын
Hi please I didn't understood the owning part when compared and got 10grand profit. Please could u explain me
@serbianultras5030
@serbianultras5030 4 жыл бұрын
Answer is: *Buy gold toilet*
@cantkeepmedown100
@cantkeepmedown100 4 жыл бұрын
Great video
@michelleporter749
@michelleporter749 5 жыл бұрын
I wish you would figure in closing costs which skews the numbers a lot.
@bobbyatman273
@bobbyatman273 3 жыл бұрын
How about buying adjacent lot and combining them? How do homes compare one on single and other on double lot?
@thebuildinginvestor8427
@thebuildinginvestor8427 6 жыл бұрын
Fun to think about! 😁
@isaacmares5590
@isaacmares5590 5 жыл бұрын
Informational video about investing in and flipping real estate but there was no content on “What Improvements Increase The Value of a Home”.
@kenelmtonkin7722
@kenelmtonkin7722 5 жыл бұрын
Well spotted. And, of course, comparable reports are no guarantee of future sale price achieved.
@venustoran9567
@venustoran9567 5 жыл бұрын
Thanks Kris I am a new subscriber, your videos are absolutely amazing. I spent years wasting time and afraid to even think about real estate because I had no clue where to start. Well I'm starting here and thanks for being a part of my new journey. I'm going to reclaim my time back and make my mom proud 😁
@dspeedy5707
@dspeedy5707 2 жыл бұрын
How’s it going ?
@fineartlifestyling
@fineartlifestyling 7 жыл бұрын
This was certainly valid 10 years ago but in Canada, especially Toronto cosmetic matters. Furthermore pecific niche homes like luxury century homes are very much affected by decorative embelishments. Most poeple do not have an imagination and sometimes when they see a home they cannot envision the potential of the space.
@KrisKrohn
@KrisKrohn 7 жыл бұрын
+Alexandra It really depends on whether it’s a buyers or sellers market. It’s a moving target.
@daviddiaz-et8wg
@daviddiaz-et8wg 5 жыл бұрын
It really depends on what else everyone is doing
@joflores2267
@joflores2267 4 жыл бұрын
What about renovating a porch. Would that increase value?
@avenewconsulting1118
@avenewconsulting1118 3 жыл бұрын
Hi for me it s complicate to change a appartement 1 room in 2rooms for example and how can the realtour be sure of the numbers concerning the renovations? I think that actually many people like to buy a appartement with less work to do, because you never know what you can find when you start the renovation.
@borelatech
@borelatech 7 жыл бұрын
Hi Kris, love your videos, I live in Brazil and interest rates are always high, the lowest ones was about 7% a year (nowadays ~10%), how do you start investing in real state in places where interest rates are so high? Is it possible?
@codbeastmode1233
@codbeastmode1233 7 жыл бұрын
good video man I'll like to follow some of your steps iam closing my first property in 2days iam 28 it's a 2014 home for 212000
@KrisKrohn
@KrisKrohn 7 жыл бұрын
Congrats! That's a big deal.
@rolandyu8557
@rolandyu8557 6 жыл бұрын
for the cosmetic upgrades... is it usually if people is not living yet right? if so, how would that work?
@briangutierrez5635
@briangutierrez5635 6 жыл бұрын
A question on a fence it just need the back and one side doing the job myself and staining it and I want to put a $3,000 storage unit but extended to fit a one-car garage would that benefit me or not price wise the home that I got was for 82 k
@KrisKrohn
@KrisKrohn 6 жыл бұрын
Brian Gutierrez - it depends. Are people expecting it in this area. Are you not getting renters because of it? Can you rent it without it?
@jayhulrs1435
@jayhulrs1435 4 жыл бұрын
We are in a seller's market?? I had no idea with covid
@kowaxkowax
@kowaxkowax 3 жыл бұрын
video is from 2017
@abdulqawiasmail8356
@abdulqawiasmail8356 6 жыл бұрын
You’re a role model to me
@KrisKrohn
@KrisKrohn 6 жыл бұрын
Thanks!
@deadair801
@deadair801 4 жыл бұрын
So like how hard is it to get a home improvement loan if ur credit just took a hit from the initial purchase
@yetijoeyetijoe
@yetijoeyetijoe 7 жыл бұрын
Do you have a video that covers added value of a pool and shed? I have a big pool and a fully insulated with power and window unit air conditioned shed (15 ft long x 11 ft wide x 11 ft tall with storage in the attic) in the backyard. There is an identical house for sale in the neighborhood with no pool or shed that is selling for $309K. I am going to wait to see what it sells for but wanted to figure out how much to add on our house to their selling price. FYI, we are in Plano, TX.
@KrisKrohn
@KrisKrohn 7 жыл бұрын
I just filmed a video on that topic today actually. It will be released in June.
@mm16046
@mm16046 6 жыл бұрын
The home with the pool will sell for less
@johnsuperhist5219
@johnsuperhist5219 5 жыл бұрын
Do a house tour
@Joshua-jk7xc
@Joshua-jk7xc 7 жыл бұрын
Kris Josh here I'm 22 and my family owns 25 restaurants, and not one owns the property that it sits on, wow!! right? Do you mentor on commercial real estate? And if your ever in So. Cal come have some great fish tacos with me
@casparandechs4758
@casparandechs4758 4 жыл бұрын
Nobody cares
@noahlance5485
@noahlance5485 4 жыл бұрын
Do appraisers look at homes sold in area recently?
@Drkipernick
@Drkipernick 3 жыл бұрын
They run comps.
@angelgurlm
@angelgurlm 6 жыл бұрын
What if they haven't made improvements in the last 15 YEARS (aside from paint). Carpets are yellowed, bathrooms, kitchen, windows, fixtures, roof is old, siding is patched.... Just... Absolutely EVERYTHING is outdated and yellowed. Surely there is a limit to how much the current market can bring up the value of a house before renovations are a necessity, right?
@KrisKrohn
@KrisKrohn 6 жыл бұрын
I actually talk about that in the episode going live this Sunday! Stay tuned.
@bfavreforprez
@bfavreforprez 5 жыл бұрын
new siding ?
@yonissaid714
@yonissaid714 5 жыл бұрын
im 15, but in my house we jumped from a 3 bed to 6 bed house what would the jump price be if the house was originally 300k in my area?
@NotShowingOff
@NotShowingOff 4 жыл бұрын
Yonis The Unknown Child it would depend on number of bathrooms.
@yonissaid714
@yonissaid714 4 жыл бұрын
@@NotShowingOff 2 bathrooms right now
@modifiedjaymill
@modifiedjaymill 4 жыл бұрын
not gonna be a drastic increase if the other homes in that area are a close in price. p.s 6 bedrooms you definitely need another bath.
@oracle1382
@oracle1382 2 жыл бұрын
I 💕 you
@mulliganstew72
@mulliganstew72 2 жыл бұрын
I don’t think 100% return is worth investing in. Considering the headache, the time spent on the project, dealing with shady contractors etc. I would take the 30 K and do nothing. Just me….
@deadair801
@deadair801 4 жыл бұрын
I was sitting here thinking crown molding
@pizza4453
@pizza4453 6 жыл бұрын
how is 150k owed?
@RobBastien
@RobBastien 6 жыл бұрын
Kris - I'm 50 and I have 20K cash...How do I retire in 5 years?
@kieran7585
@kieran7585 6 жыл бұрын
RBastien use it as a down payment for a house, rent it out and that’ll pay mortgage, pay some of your own money towards it and you’ll pay it off in about 5-10 years, the house price should go up and you’re still getting rent money
@Airbender24B
@Airbender24B 6 жыл бұрын
You can't
@1fas1984z28
@1fas1984z28 5 жыл бұрын
Bitcoin
@invest4motivation827
@invest4motivation827 3 жыл бұрын
You can if you can work 30 hrs a week finding deals and working as renovation crew to save cost
@maheshjaisingh6923
@maheshjaisingh6923 5 жыл бұрын
Hi kris I am from india As you said I have work for 2 year and I have 5000 doller and you said enough to buy first house But I have 1 question I want to buy house But I am know how to clear loan In India is ruppes I have 10lakhs and mimmum I need 50lalhs to buy If i took 40lakhs loan from bank how to clear
@deejayjohnnyb
@deejayjohnnyb 4 жыл бұрын
Ok I know this video is 3 years old but I’m just now seeing it. But I think your math is wrong, the net on both is 40k, because if you leave it without investing the 10k, that stays in your pocket. So when you you sell and make a profit of 30k, that 10k you didn’t invest will net you 40k. Just like if you did repair.
@michiganebayflipper9497
@michiganebayflipper9497 2 жыл бұрын
Location location location
@brianidrovo6661
@brianidrovo6661 7 жыл бұрын
Hello kris please be my mentor for real estate I am willing learn the ways
@w3b979
@w3b979 7 жыл бұрын
brian idrovo Start by going to Kris Limitless Seminar which he hosts several times a year, then you can ask him sometime after if you feel you're ready. :)
@KrisKrohn
@KrisKrohn 7 жыл бұрын
Great advice. And that's why I'm putting out videos every day. I'm already your mentor through video.
@frankenfaq4706
@frankenfaq4706 6 жыл бұрын
That was his Honda ..
@arturojimenez4382
@arturojimenez4382 4 жыл бұрын
Beating around the bush. Get to the point
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