Renovating for profit can be tricky business.It has a lot of pitfalls and mistakes that renovators make and it’s not actually as easy to make profit as we might think.There’s a lot of people who go out there and renovate and the only reason they make profit is because the market goes up in value. If u actually analyse the property and look to the capital growth you could that the renovation they did didn’t actually make any money and we don’t want to be these people. We want to avoid the mistakes that other renovators have made so we can ensure that we take the right steps to maximize our returns on renovations. To I’ve got with me Jane Slack-Smith from the Ultimate Guide to Renovations.She started off and knew she wanted to renovate a property didn’t know how to get started but started listening to the mistakes that everyone else had made in their property endeavours. She learned from those mistakes and she ensured that she didn’t make those mistakes and has gone on to be a very successful investor. She now helps hundreds of people improve their renovations and helps them to renovate their properties for profit. So I wanted to get her opinion on some of the biggest mistakes that people make when they’re renovating a property.So here’s the interview with Jane Slack-Smith from the Ultimate Guide to Renovation.
Hey guys this is Ryan here from onproperty.com.au your daily dose of property education and inspiration and today I’ve got with me Jane Slack-Smith who is my go-to person for renovation and also the creator of the Ultimate Guide to Renovation and today we’re talking about the biggest mistakes renovators make. Jane has a course where she works with hundreds different people helping them to increase their profits through renovations. So if anyone knows the biggest mistakes she’s either made them herself or she’s learned them from other people. So thanks for coming on today Jane.
Jane: My pleasure Ryan.
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http://onproperty.com.au/263 - View the full transcription and audio version of this episode.
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property tax The Biggest Mistakes Renovators Make (Ep263) | |
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| Education | Upload TimePublished on 24 Feb 2015 |
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