Successful real estate investing depends largely on a correct assessment of a propertys profit potential, but it also depends on your ability to transform a doghouse into a dollhouse. The renovation process involves physical work and choosing the best supplies, in order to create maximum positive emotional effect and profits, but if you make wise choices in your choice of colors, textures, and building materials, you'll assure yourself a fast and cost-effective sale.

One of the most important things to remember is that our human senses and emotions are affected by decorating details and choices of materials. Potential buyers will look at your home with their eyes, but their brains will then interpret what they see and feel, according to subtle touches you've incorporated into your house. Your goal is to create a home that buyers won't be able to live without.

After we've located and purchased a doghouse, my husband and I invite friends and family to a "Doghouse Open House Party." We ask them to bring along any unwanted household fixtures they might have, and ask for any fix-up ideas that might occur to them while they spend time in the house. There have been many times when we've used those ideas when we were in need of inspiration. Having a party in the house also serves to divert our attention from what sometimes seems like an overwhelming amount of work ahead of us.

When we begin a makeover, we buy our remodeling materials with drama in mind. We want to take a dirty, neglected doghouse and transform it into a beautiful dollhouse, and we're willing to invest a bit more time and money than the average investor in order to achieve a truly dramatic result. Our average renovation of a doghouse will run about $12,000, including the cost of materials and the hiring of outside help, but the profits we receive have proven well worth the expense.

To be successful, know what you're getting yourself into, choose your remodeling materials carefully, and always keep your potential buyers wants and needs in mind. If you do that, you'll find buyers lining up to bid on your properties.

(c) Copyright 2004, Jeanette J. Fisher. All rights reserved.

Jeanette Joy Fisher

Jeanette Fisher, author of over ten books, including university textbooks and encyclopedia articles on color psychology, has researched the effects of the environment on emotions for over 15 years. Jeanette has appeared on internationally syndicated radio and television and teaches Design Psychology and real estate investing.

She offers free information on interior design, real estate investing, and mortgage credit help from her websites. Jeanette Fisher's books, available from her websites and from Amazon, help real estate investors, home sellers, and home makers. To find out the four steps for beginning real estate investors, five ways to use interior design for home staging, or how to makeover your home for joy, visit Jeanette Fisher.com. And while there, don't forget to subscribe to her free newsletters.

Jeanette has so many websites because her name can be spelled so many ways.