Cutting Cost Without Sacrificing Good Looks

Just because you're renovating a property sure does not mean you have to spend an arm and a leg. Take it from a guy that digs for more cost effective ways to renovate on the daily. From scouring the internet, to calling vendors directly, to spending hours in home improvement stores every week, I'm always…

Just because you're renovating a property sure does not mean you have to spend an arm and a leg. Take it from a guy that digs for more cost effective ways to renovate on the daily. From scouring the internet, to calling vendors directly, to spending hours in home improvement stores every week, I'm always digging for deals and so should you. Check out these tips and tricks to save thousands on your next project …

Used Windows- In many instances, when windows need to be replaced on a property, I contact my used window supplier. Most of these windows were replaced by brand new windows but instead of throwing them in a dumpster, the supplier picked them for later use. These windows are tested and re-glazed if needed. In any case they look and perform like brand new windows. Cost is usually $ 50- $ 80 as opposed to $ 140- $ 180 for a brand new window.

Discounted Tile- Nice tile is really cheap if you dig far enough. One of my favorites is Craigslist. I often find builders or homeowners that purchased too much tile for a project and they have left boxes sitting in their garage somewhere. And I'm not talking about the cheap stuff. I'm talking marble, slate, mosaic, you name it. They want to get rid of this stuff fast so negotiating a reduced price is a breeze. I often buy tiles off these guys that retail for $ 4- $ 5 a piece for $ 0.50- $ 2! Seriously.

Fresh Paint- Paint is hands down, the number one tool a renovator has when it comes to cutting the cost on a renovation. Repaining aluminum siding, interior trim and baseboards, porches etc. can save you thousands of dollars as opposed to replacing these items. You can save about $ 1,500 by repainting the trim and baseboards on a 1000 square foot home as opposed to replacing them with brand new pieces. On an $ 8,000 re-siding project you can cut your cost down to about $ 2,000 by tossing on a new, stylish coat of fresh paint. Take the extra cash and go on vacation why do not cha !!!!

Refinish Old Harwood Flooring- Many homes have old hardwood underneath the horrid carpeting through the house. Rip it up, trash it and refinish those beautiful floors like new for about $ 1- $ 1.50 a square foot depending on their condition. A little sanding, staining and clear coat and you just breathed new life into those beat up old floors. Nice!

These few items will save you thousands on renovation costs and as you know every dollar saved can go into picking up MORE properties and making MORE money. That's the whole point in winning at the game of Monopoly, right?!?! So whether you're refreshing a rental unit or totally gutting one of your cribs, use these tips to make them look like works of art from Picasso at thrift store prices. Go get 'em …