Top 8 MOST *PROFITABLE* DIY Home Real Estate Projects

hey everyone me kevin here in this video

we're going to talk about the top eight

most profitable home improvements that

you can do we're going to show you the

examples right here let's get started

the first one that i think everyone

should do almost every six months 12

months which means you're probably due

for it is updating your baseboards with

a new coat of paint not only your

baseboards but also your door trim the

molding around the doors and crown

molding if you got it because anytime

you can brighten up your moldings in a

room you create more of a contrast

between the color of your wall and your

baseboards and if you're a rental

property owner and you're still stuck in

the 80s painting the walls navajo white

and painting the baseboards the same

color you're making a big mistake you

should absolutely always have a

contrasting color between the wall and

the baseboard that way you can clearly

distinguish the floor and crown molding

if you have it the instant you walk into

a room and what that does is it creates

the impression of a larger space with

more depth because you see contrast if

you don't see that it's going to hurt

especially if you're selling a property

or you're just trying to impress your

friends so in my opinion this is

something where you could spend a couple

hundred bucks on new

semi-gloss white paint i generally

recommend swiss coffee semi-gloss

because it doesn't get as dirty as the

ultra pure white though if you really

want to go for a sizzle when you're

selling you can go for ultra pure white

problem is you don't want to end up

painting a baseboard ultra pure white

and then leaving a door swiss coffee

because then all of a sudden all the

swiss coffee trim will look yellow

usually i just go with swiss coffee

semi-gloss that's what this is right

here this is an edge comb gray color

right here you've got a nice contrast

between the two and that's all you need

ultra pure white be careful with that

one doesn't cover too well but i believe

here's a place you can spend 200

touch everything up all your trim

probably create the impression of about

5 000 of value so hands down 20x easy

do-it-yourself project to increase the

value of your home now the next one

that's an easy 5x and super easy

do-it-yourself project is stop trying to

spend money on like really expensive

appliances what people care about in

homes is new appliances

this range right here is a 599 dollar

range that we use to coupon on at lowe's

okay and if you don't have coupons at

lowe's we have a partnership with lowe's

in our do-it-yourself property

management course and our rental

renovations course link down below it's

also in the zero-to-millionaire real

estate investing course check those out

with a coupon code down below but anyway

get these right now this project's still

in renovation so a little dusty right

now we've got uh microwave obviously the

vent hood here built into the microwave

and the stove top a new one of these a

new set of appliances whether it's

dishwasher stove microwave makes a huge

difference if you're ever going to sell

on property get a property appraised the

impression of the

cleanliness of the appliances and how

new they are is everything they don't

have to be sub-zeros they don't have to

be really expensive you put a new

appliance package in 300 bucks 600 bucks

dishwasher 500 bucks you're 1100 bucks

in you could likely create the

impression of having spent five thousand

dollars to eight thousand dollars on

value in the kitchen that's an easy way

to make more money or create more value

is just by having appliances that look

new clean functional ready to go you

don't need the expensive stuff you don't

have to have sub-zero you don't have to

go wild the same is true for rentals the

same is true for sales i don't care this

right here is a nearly two million

dollar property i'm not putting in a

twenty thousand dollar cooktop stove

somebody else wants to do that great but

see if i put in a twenty thousand dollar

range right here

maybe the house would sell for five

grand more or i could put in an 1100

appliance package and the house ends up

selling for 10 000 more rather than

having something old or cringy or gross

or whatever it's all part of the

impression too and so spend less money

creating more value on new things people

like new new is nice now if you have

single story home the next one's really

easy in my opinion can lights or you do

this on the second story but you're

usually gonna have the most bang for

your buck adding canned lights in your

family room or living room right here

we've added about 10 can lights let's

say you add 10 can lights about 20 bucks

per piece plus a roll of romex call it

300 bucks and then run the romack staple

it appropriately and have an electrician

do the terminations for you if you're

not comfortable so budget six hundred

bucks you can create a six to ten

thousand dollar value a more than 10x

value by adding can lights

simply by doing the work especially on a

single story home now the nice thing

that or the nice trick that i like to do

is i like to put in 100 watt flat can

lights the ones that come with the

little slim boxes as well super easy to

put in the reason i get 100 watts is

because i throw them on a dimmer you

just have to make sure you have recessed

cans that are led and compatible with

the dimmer you get so check that

otherwise you're going to have

flickering get a 100 watt set and then

that way if you want to have them about

65 watts like a normal light you just

pull the dimmer down about 35

that simple but the 100 watts give you

that range so when it's time for the

appraiser to come or it's time for an

open house or you want to sell a house

or rent a house boom that place is

bright now it depends on your type of

property as well see this property is an

east-facing property which means it's

really bright in the mornings which

isn't when people like prospects who

would want to buy or rent this property

would be here they're going to come

after work and if they come after work

the sun's setting on the other side so

we generally get shade in the back here

which means less light is reflecting

into this area so it's critical that we

brighten it up more with more can lights

now on the flip side if we were on the

other side of the channel and we were

pretty bright at night and pretty bright

because we've got the sunset coming in

maybe we wouldn't have had to spend the

money on the can lights but still it's

usually a pretty good roi and that's

what we're all about it's return on our

investment next one so few people do it

and you can do it in so many places not

only can you do this in kitchen cabinets

and bathrooms but every single door in

your property folks should have

contrasting hardware okay hardware that

is contrasting from the doors we want to

get rid of the old brass the old gold

you want to spend about 40 dollars per

door and when you paint these doors you

want to make sure you take the hardware

that's there off first then do your

light sand your paint with that

contrasting paint we're talking about

after it's all done then put your

hardware on so you don't get any weird

rings around here but make sure you also

do the hinges folks hinges are so

inexpensive just make sure you get the

proper ones whether they're three screws

or four screws or their square edge or

the rounded edge just take the hinges

that you have for your existing doors

take them to the store buy exactly that

many hinges like literally go around

take off all the hinges you can take the

doors off lean them about gets the wall

usually what people do is you take a

little painters stick you put a nail in

the top of the door and you number the

doors so you know where they go back to

you put numbers on where the door came

from number on the painter's stick on

the top so the door's numbered lean it

up against the wall that makes it easy

to flip it around and paint it but it

also makes it easy for you to take the

hardware off throw it all in a bucket

take that hardware to the store buy

exactly that much hardware and that kind

of hardware especially if you have a

bunch of different pieces but it makes

such a big difference to have that

especially if you take like let's say a

black bronze look or just a straight up

satin kind of black hardware against

white really crisp super in right now

and again not just on doors but you

could do this as well by going into

kitchens and doing this with kitchen

hardware but also bathrooms folks not

that hard so what we usually do on

bathrooms because bathrooms are smaller

is we go with like a swiss coffee

semi-gloss on the walls so we actually

lose the contrast that we would

otherwise have with a baseboard but

bathrooms are smaller spaces

everything's gonna be swiss coffee and

semi-gloss in this but we want to

contrast and pop with the hardware so

we're gonna do this with the faucets

we're gonna do this with the wall

hardware but this is an easy way to

create that depth feeling that you could

get with paint with hardware very

important and it's not that expensive

you could go on amazon and pick up

hardware kits super cheaply you do not

need to overspend on these what you want

to do is budget about 40 bucks a door

you don't need to get crazy baldwin

hardware the kwiksets are fine you also

don't need to get the extremely

expensive moen hardware kits or even

fancier ones get the ones off amazon

totally fine

consider those by the way that forty

dollars per door is probably going to

create about four hundred dollars of

value of impression that's a 10x you do

that to ten doors that's like literally

like turning 400 of hardware into four

grand of impression value quite frankly

in many cases it could be worth a whole

lot more especially if you have that

consistent feel throughout a home it

just makes the home feel so much more

updated the next one you could save a

ton of money on which is something you

should absolutely do in rentals or

renovations folks stop spending a

fortune for contractors to make you an

appropriately built shower pan it is a

fortune it's just not worth it you're

gonna spend four thousand bucks just on

having a good quality shower pan by

somebody actually mortaring it and

tiling it so what you should do instead

of spending four grand is you should

spend 250 to 300 on a shower pan now

remember you can get things even cheaper

if you join our programs and join our

partnership with lowe's again those

links are down below right next to the

link for life insurance you can get in

as little as five minutes but take a

look at this this is a very simple

shower pan it's about 250 to 300 dollars

the beautiful thing about them and this

is the secret about them is you put them

in they don't leak why because it's one

piece it's literally one piece you don't

have to worry about multiple layers of

masonry and concrete and screeds and

waterproofing and sealing it's a

disaster a nice shower pan like this

your feet don't know the difference the

buyers don't know the difference the

renters don't know the difference it's

an easy way to save money and it

actually leads to less water damage in

all likelihoods because most people who

do shower pants themselves screw them up

and then whatever's below ruined or

worse you're on a slab you don't even

know and then you end up getting the

mildew problem now sure

you can do tile work yourself as well or

you could throw in a fiberglass surround

but that's going to depend on the value

of the home or where in the home it is

i'm a big fan of fiberglass but

obviously we tiled this bathroom here

right

but what do we do for the guest bathroom

well i bet you can guess let me show you

full on fiberglass surround baby and let

me tell you something okay if i were to

tile this bathroom there's no way i'd be

getting six soap dishes and the corners

of the tub to put soap or whatever the

heck i want to put in my shower okay

this

functional

easy to clean and cheap but it looks

great

and you jazz it up with a nice little

shower curtain with some color to get

that contrasting pop and you're done

it's that simple very profitable home

improvement very important one thing

that i like to do if i don't like to do

these myself by the way is i just go buy

the item at say home depot or lowe's

i leave it there for will call have a

plumber pick it up and then have them

put in the tub or the surround or the

shower pan now we've got a licensed

plumber doing the work but you could

also do that yourself and i really

believe you spend a thousand bucks on a

surround like this getting rid of some

old crap that's in here you're gonna

create eight thousand dollars of value

in most cases that's huge easy do it

yourself the next one i'm a big fan of

folks

ceiling fans like seriously every single

room should have a ceiling fan but

you've got to get an appropriately sized

ceiling fan so if you've got about a 10

by 10 room you should probably have

about a 48 inch fan and if you go up to

even a 20 by 20 room then you'll

probably be at 58 to 60 inches so don't

undersize your ceiling fans but you

don't have to overspend on these usually

200 to 250 is the place that you want to

be for ceiling fans now generally you

don't want to be in the place where

you're spending too little on a ceiling

fan like those 60 to 70 ceiling fans i

recommend you stay away from because the

bearings in them the rubber in them the

motors in them the leds in them it's all

the cheapest crap and they burn out all

the time the biggest thing i get rental

callbacks on is from old properties

where i used to do the cheap 60 to 70

ceiling fans not worth it you put the

ceiling fan box in and a nice 200 fan

you do that work yourself figure 300 a

room you'll class up the value of each

room probably with a tune of about a 5x

1500 bucks well worth it easy

do-it-yourself renovation the next one

folks some people get mad at me for

saying it but 30 bucks for a two-pack of

boob lights okay you always get the

boobs in a pair they are excellent you

want to use them in hallways you want to

use them in closets you don't want to

use them as like statement pieces in the

middle of a room okay where a ceiling

fan should be you shouldn't be putting

boob lights but closets hallways the

transitory spaces within a home boob

lights why are you spending excessive

amounts of money on expensive light

fixtures and transitory spaces where

people just walking get from one room to

another you put the expensive light

fixtures where people are spending time

the living room the family room the

dining room the kitchen the bathrooms

and of course the ceiling fans and the

bedrooms everywhere else

boobies

now a really large vanity for a larger

bathroom is probably going to run you

around a couple thousand bucks anywhere

between a thousand to a couple thousand

bucks but i'll tell you a vanity that's

prefabricated that you've actually

measured to size comes with a countertop

so valuable just be warned a lot of the

vanities that they sell you will have a

disclaimer that if the backsplash breaks

it's not their problem that's pretty

normal usually the backsplashes break

countertops shouldn't break backsplash

you could do yourself you could do

yourself with a quick little bit of

tiling that's easy but a vanity even if

you spent two thousand bucks on the

vanity and you spent 500 bucks on

backsplash material

that will probably increase the value of

a bathroom like this by at least a 4x

this looks like 10 000

of value it's a more expensive job it's

more uh more effort there's a lot there

are a lot more things that you have to

do with this it's heavy it's a bigger

job right it's not a quick and easy one

but it's a value and that's what you

want to send a signal that's something

is new and nice and the beautiful thing

about newer vanities as well is you

generally get the nice newer rollers you

want to make sure you vacuum out any

dust that you got in before obviously

you go to rent or sell or whatever

sometimes you get the little soft

closers

really beautiful highly recommend it and

as a bonus recommendation if you're ever

doing renovations i highly highly highly

encourage that when you go to a toilet

you generally should always tape to the

top of the lid

right here

cardboard the reason you tape cardboard

to the top of the lid when renovations

are going on is people love using these

as as uh table tops where they put their

tools

which by the way if you want to know the

equipment we're using to shoot this

video go to metkevin.com shop that's

also right next to the link to the

programs on building your wealth and

life insurance link down below

medcabin.com shop the mics we use the

cameras we use everything's in that

amazon shop pretty easy but again put

some cardboard over these because

otherwise the lids scratch up and then

they just look damaged and gross and you

have to replace them it's not that hard

to tape down a little bit of cardboard

to the lid nobody sits on the lid anyway

so you could put the tape all the way

around it

done now we have a protected workbench

people are going to use it as a

workbench either way

[Applause]

you