Interior Design Mastery - Maximising Profit Margins in Property Investments

Liam is joined by interior design expert Gabriel to discuss how to add value to properties through interior design. Gabriel, who has years of experience in the field, shares a three-step system for adding value and discusses the importance of getting these steps right to appeal to the right tenants or guests and increase profit margins.  KEY TAKEAWAYS Understanding people's behaviour is crucial in interior design. Before starting a project, it is important to have a conversation and create a design brief to understand who will be using the space and how it will be used. Functionality is a key aspect of interior design. It is important to ensure that the space meets the functional needs of the users. This includes considering the layout, appliances, power points, lighting, and other technical aspects. Aesthetics play a significant role in interior design. Once the functionality of the space is determined, the next step is to make it aesthetically pleasing. This involves choosing finishes, materials, lighting, and soft furnishings that enhance the overall look and feel of the space. Investing in a great interior designer can make a significant difference in property value and profit margins. Engaging an experienced interior designer at the start of a project can help increase the appeal of the property to potential tenants or guests, leading to higher rental rates and increased profitability. BEST MOMENTS "You can buy the best items, best furnishes out there, but you haven't met the first two. You failed it."  "It's like putting a puzzle together. You've got to get that first piece of the jigsaw down and then everything else will follow suit."  "Step number three, which is the cherry on the cake, is make the whole space and the whole area aesthetically pleasing."  "Investing into a great interior designer at the start of any project… this can make the difference to your nightly rate that you're charging." VALUABLE RESOURCES The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan Assets For Life - https://assetsforlife.co.uk    Instagram - https://www.instagram.com/liamjryanwealth/ Facebook Page - https://www.facebook.com/LiamJRyan.AFL Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017 You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you. Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life Hosted on Acast. See acast.com/privacy for more information.