I've written a lot in the past about renovating-for-profit renovations, but I thought that since 50% of my clients are home renovators (renovating their own home) this blog was long overdue! (Read More)
I recently had a client who bought a property significantly under value with the aim initially of renovating it for a profit. As it turns out, he'll make a profit whatever he decides to do with the property as he has at least the equity in the property between what he paid (plus stamp duty etc) and what the property is actually worth. (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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