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Rent-Ready Renovations: You Won’t Believe The Before & After! 👀

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Are you a rental housing provider who has an outdated property or isn’t maximizing your return on investment? You shouldn’t have to feel embarrassed about a property that’s below your standards. As a real estate investor, you should be getting the most out of your portfolio and your investments.

 The #1 way to improve your rental profile and increase cash flow on your rental properties is through renovation. 

So, how can you take your existing property and make it rent-ready? Higher rents mean higher property values, but there are some important considerations to watch out for before you get started. That’s why we’ve created a free Rent-Ready Renovation Masterclass (>>CLICK HERE<<) for investors like you who are ready to take their portfolios to the next level…

We’re going to show you exactly how we were able to take a property that was only generating $1100 per month to $2100 per month in rental revenue.

You’ll also learn how to plan your renovation properly so you don’t waste time, or blow your budget so you can successfully generate a higher ROI immediately.

Come behind the scenes with us and see some of our recent Rent-Ready Renovation projects for yourself. You won’t believe the before and after!

Rent-Ready Renovation #1: Alymer – Increased profit by $135,000

Rent-Ready Renovation Project #2: Duplex Conversion in Lindsey, ON – Increased rental income by $42,000 per year

Rent-Ready Renovation Project #3: Downie – Increased rental income by $15,000 per year

Rent-Ready Renovation Project #4: Parkhill Rebuild – Increased rental income by 51,000 per year

Ready to get started?  Get free instant access to Visture’s Rent-Ready Renovation Masterclass here.

Visture Property Management is an industry leader at completing rent-ready-renovations for our clients that are fast, efficient and provide the best return on investment for our clients. We also specialize in creating accessory apartments, secondary dwelling units (SDU), duplex, triplex and additional residential units (ARU). Contact us for all details and to get in touch.

 

Why Coach & Laneway Houses are Completely Changing the Game for Real Estate Investors

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A new type of affordable housing is on the rise across Canada and it’s not old school basement suites, tiny condos or repurposed shipping containers.

A coach house, or laneway home is an accessory residential unit (ARU) on an existing property, usually built in the backyards of single-family homes, or duplexes. Most coach houses average 700 square feet per floor and can be 1-2 stories, some with garages and without.

Although municipal bylaws can vary depending on the location, you can usually avoid time-consuming and costly zoning challenges like you would with a brand-new build on a vacant property.

Here’s an example coach house project Visture is currently building here in Peterborough!


So, why is this such a game-changer for real estate investors? The emergence of coach houses or laneway homes is making it easier for people to balance the high cost of living in popular suburban areas, and for real estate investors to add supply to the marketplace, while generating additional rental income. Coach houses are a great way to completely level up your real estate portfolio and secure your financial future without having to overhaul your investing strategy. You can reap the benefits of a multi-family rental income without having to actually venture into multi-family, commercial or industrial investing.

In some instances, where investors are struggling to create cash flow, leveraging a coach house can be the catalyst to generate positive cash flow and even bigger  returns on their investment while adding supply to the rental marketplace. 

Check out these numbers and see for yourself how adding an accessory residential unit such as coach house can create HUGE cashflow!



We can help maximize your real estate portfolio with turnkey rent-ready renovations, duplex conversion, intensification projects, coach houses and complete new builds.

Click here and see how Visture can help you as a property owner.

 

CEO of Visture JG Francoeur Interviews Author of Rethinking Humanity

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JG Francoeur, the CEO of Visture Property Group, was a co-host and keynote speaker at The Great Real Estate RESET Summit hosted by The Real Estate Investment Network in November 2021. In anticipation of the event, co-hosts JG Francoeur and Patrick Francey interviewed Jamie Arbib who is the co-author of Rethinking Humanity.

In this interview, they cover:

1- The technology convergences taking place in the next few years

2- Why and how this will deeply affect real estate

3- The cascading effects that will disrupt and transform market opportunities

4- The Canadian economy and how it will need to evolve

We’re happy to help and serve Peterborough, Lindsay, Orilla and Huntsville. Please email sales@visture.ca or call/text 705-998-2017 to see how we can help you and your real estate investments. We special in turnkey property management services, sales, marketing, construction and renovation including secondary suites and duplex conversions.

Rent Increase During Covid

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One of the most common landlord questions is “Should I raise my rent?”. There are a few things you need to consider before increasing it.

At Visture Property Group, we do not increase the rent until the next tenant turnover. Unless the rent is significantly under the market value. But, if it’s on the market value, we prefer longer tenancy rather than a tenant turnover every single year.

WHY?

Folks, tenant turnover is expensive. Not only that you have a risk of being vacant but the risk of advertising is there as well. It can costs $200 up to $400 for advertising to fill an apartment. The risk of being vacant in a month can costs you more than the monthly rent of your property.

Visture Property Management is here to help you realize that the risk is not worth it. Advertising costs are way higher than the 2% rent increase you’re going to get.

Remember to increase your rent if it’s below the market value, folks!

The Team is Growing to Serve Peterborough Property Management!

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We’re so excited to introduce our growing team! Visture Property Management Peterborough is growing very fast and we’ve been adding resources to our team to continue to serve our great clients. Both our rental clients (aka: tenants) and our real estate investor clients (those who hire us to manage their Peterborough properties) rely on Visture.

 

peterborough property managementCeline G. Mallette: As a Paralegal I get to work directly with Visture’s property management clients in order to help them solve their legal challenges. I also have the pleasure of working a Visture’s Process and Procedure Administrator which allows me to systemize the company to provide impeccable service. This is why no other property management company in Peterborough can duplicate our level of service. We are systemized for your success and to enrich all lives.

property management peterborough

 

Ryan Blundell: As Visture’s Property Management Coordinator, I get to work very closely with our rental clients (aka: Tenants). Visture provides executive living lifestyle without the hassle of home ownership and I have the pleasure of making this happen day in and day out.

Peterborough property management

 

Patrick Johnson: One of our secret’s to being Peterborough’s property management company of choice is that we have our own internal Maintenace team and I’m proud to lead that team.

 

 

 

 

 

 

 

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