There’s nothing better than doing something you love – and making money from it.
Here’s how Robert Campbell added $20,000 of value to an otherwise mundane and unexciting stairwell.
Cost of Materials:
$400.00 for beams and wood planking on the ceiling;
$50.00 for relocating the light so it is centered on the airplane pic;
$550.00 for redesigning the low wall. A 2′ x 3′ opening was created to bring more natural light into the 18′ stairwell.
$150.00 for paint;
$450.00 for the 4′ x 6′ airplane pic – which I created with a graphic artist.
Labor costs: $0.00 Yours truly did all the work.
How I Made my Biggest Profit in Real Estate
Robert Campbell learned a long time ago that creating beauty is an excellent investment in terms of both time and money spent – and that home buyers will pay up for it.
The biggest investment profit ($600,000) I ever made in real estate was the result of buying a rather ordinary looking home in Solana Beach, CA – which I turned into a home that was beautiful and amazing.
And I booked that profit in 1992, which was when San Diego home prices were in the early stages of what turned out to be 15% six-year price correction.
To make more money in real estate, create things that make people go “Wow.”
Beauty sells homes because people like beautiful things.
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