How would you describe yourself as a real estate investor? We’d hope you’d use descriptors like diligent, ambitious, successful, and driven. Unfortunately, though, not all investors have such sterling reputations. While there are many things you can be as a real estate investor, the one descriptor you want to avoid is sloppy or careless.

An integral part of many successful real estate investment strategies involves property renovations. The right renovations can greatly affect long-term property values and rent prices. Of course, you don’t have to be an investor to care about getting your money’s worth out of home improvements.

No matter what assets you invest in, your return on investment (ROI) is the metric that matters. ROI shows how profitable an investment is compared to purchase and operating costs. When investing in real estate, there are ways you benefit that aren’t reflected in pure profits.

ROI. Return-on-investment.