“The first rule of an investment is don’t lose money. And the second rule of investment is don’t forget the first rule. And that’s all the rules there are.”
If you’re thinking of sprucing up and start innovating your home or fixing your rental property for profit, make sure that if you invest in the improvements and upgrades that it ticks off all the boxes.
I’ve been exploring impact investment and distressed properties, owning three properties already. My primary goal is to get a minimum 15% upfront return of investment, coupled with positive monthly cash flow post-expense.