Entering the world of property renovation may seem daunting. You know that you must manage risk to make a profit or avoid over-capitalising, but some risk is inherent in property refurbishing. To avoid getting in over your head, use these three levels of renovation. (Read More)
One of the most serious mistakes that someone can make when renovating for profit is not considering the eventual purchaser or renter of a property. Significant amounts of money can be spent on renovations that are not necessary while missing some elements that your target demographic demands in a home. Remember that you are not renovating the property to meet your personal tastes or needs. (Read More)
Design principle proof in the puddingSome properties just have the x factor don't they? Whether designed by an architect or an interior d.. more
Budget blowoutsIt's no secret that the number one trick for a successful investment property renovation is to remai.. more
Choosing a property to renovate
The current state of the property market has stopped many people, especially investors, in their tracks. Since many investors rely solely on capital growth, now is not a pretty time for them.If you are willing to step outside of the box of ‘what everyone else is doing’, now is the BEST time to be picking up a bargain or using your existing properties to carry out a renovation and make money that way. The trick however is in selecting the right property to renovate.
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