Property Investment & Wealth Creation Australia | The Michael Yardney Podcast · The Negative Gearing Loophole Nobody's Talking About | Dorian Traill
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Benchmark renovation spend against resale values of fully renovated comparable properties to avoid over-capitalising
“If I do go and renovate… I could sell to an owner-Occ. And an owner-Occupy is going to pay premium on that because they walk in and it's fully renovated”
“Once we've purchased for people, we've also got a project management service that can also manage that entire renovation process... and we've also got the property management side of it as well”
“I would live there for three to four months, renovate, move to the next unit…once it was completely turned over, the property brought in about $2,100 a month…listed for $100,000 and got a full-price offer.”
“Instead of click here, you'd write something like, see our guide to bathroom renovation costs.”
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