Roof for Investment Properties

30 Nov 2017 9:00 AM -

Flipping a home both effectively and affordably can prove difficult. It’s particularly hard to get the balance right to restore a dated home into an aesthetically pleasing property that will still deliver a profit. While it is important to create a beautiful looking home, there are certain fundamental areas that need to be considered before turning over a property.

It is common for older properties to require extensive treatment to their roofing and guttering systems. This can be off-putting for owners of investment properties to spend some of the often tight budget on repairing/replacing the roof as it can become a large expense.

Here’s a few tips to minimise costs and maximise profits when dealing with a roof that needs some love.

1) Inspect

Ideally, you would have conducted some research regarding the state of the property’s roof prior to purchase. If, either you looked over it before buying, or were aware of some issues and purchased anyway, it’s highly important to get a solid understanding of the health of your roof. Looking for key damage signs is the best place to start. If you aren’t confident in getting up for a close inspection, it’s best to get an expert’s opinion, who can also provide helpful advice on the best course of action.

2) Design

If in fact you do need to replace either your roof, gutters, or both, you must choose a design that fits your vision for the property and your budget. There is a huge variety of roof colours, materials, gutter shapes, sizes, all with varying features (and prices). It is possible to match your style goals with your budget, even if it means cutting back from the original plan.

3) Materials

Modern roofing materials are actually an investment property owners best friend. As stated, the design choices available can now be paired with affordable resources – allowing you a better-looking roof/gutters, for less. A great example is Colorbond, which has become hugely popular in Australia for its design flexibility, durability, and affordability. Mack Bros supplies Colorbond to Aussie homes in 35 different colour choices to suit your vision and budget.

4) Trust the process

While replacing a roof on your investment home may not have been in the original plans, it is well worth the outlay when it comes time to re-sell. Your new roof/gutters increase the value of the

property, essentially paying for itself and adding value to the home. It will also protect whatever other work you’ve done to the property by stopping leaks, paint damage, landscape issues, etc. Who knows, under a new Mack Bros roof, you may like the home so much and reconsider selling. For more information, contact us today.