When renovating an existing property or buying a property for renovation, there is a lot to consider. What needs to be done? How much will it cost to complete the project?
When renovating, especially for profit, it is important to stick to your budget and avoid any blow outs. This can turn your investment from a property that gains value and cashflow, into a deep dark pit of spent money and regret.
Here are some tips of what to look out for, what to avoid and how to make sure you keep on track.
Looking to spruce up your property a little to improve the value of your investment before putting it on the market?
It doesn't always have to cost a small fortune or take months to finish.
A mini-renovation or 'facelift' can be completed over a few weekends, with a modest budget in mind. Here are a few surprisingly simple ways to improve your property for sale.Read More
Renovating an investment property can lead to a tidy profit when done strategically, and has become more popular as property investors seek to create their own opportunities to add value to their portfolio.
In this article you will find seven tips to help you plan and execute your next renovation, an infographic and links to helpful renovating resources.Read More
Home improvements to an investment property can be a profitable investment when done strategically.
It has become a popular choice of property investment to add value to a property portfolio, particuarly for those who can do the work themselves.
When searching for a renovation suited investment property there are suburbs with higher listings of renovation properties for sale, you just need to know where to look.Read More
Learn how to use the latest technology to find discounted, renovation investment properties that can give you the best profits.
You have found a property below fair market value, it is poorly presented, well below the suburb median price and you believe it has great potential as an investment property you can renovate for profit.
Before you start on your renovation however, here is a checklist of 10 renovation mistakes to avoid.Read More
This case study is from Real Estate Investar subscriber John Le Brun, and how he used Real Estate Investar to apply the discount and renovation investment strategy.
Time poor investors need a tool like Real Estate Investar!
My latest deal is 137 Riselaw Road, Dunedin.
We found a three bedroom house on a large 900 square metre block that needed a full renovation because of minor fire damage.Read More