In this recorded training webinar, we cover how to use Real Estate Investar to find, analyse and research properties that may be suitable for a renovation project.
It is designed for new or existing property investors, and is a great introduction on how Real Estate Investar can help you apply this strategy successfully.
The webinar training session will include:
How to use specific filters and strategies in Investar Search to pinpoint properties with strong renovation potential, e.g. properties approximately 20% below the suburb median which are poorly presented but with “good bones”.
How to analyse the property’s 10 year cash flow and equity position using Property Analyser so you can fall in love with the numbers, not the property.
How to research potential renovation opportunities and its suburb to ensure the long term investment fundamentals stack up, including:
Population demographics and migration trends
Historical median price trends
Suburb clearance rates
The median sales price for similar properties in the area
How much similar properties currently rent for in the area (if you plan to let the property out).
The history of the property. How to check the on-the-market and sales history, ownership details, recent comparable sales and an estimated market value for the property in its current condition and then once the improvements are made.