Are you looking for a way to make fast cash, or boost your equity, so you can acquire another property without waiting for the market to rise? Property renovation may be the answer.
Over the past 30 years I have completed 19 renovation / development projects with my own money. And my team and I have helped hundreds of clients execute a property renovation or development.
A successful property renovation can help you pocket $50,000-$300,000 in cash profit in a matter of months. Use this to money to…
- Pay down your mortgage so your investment becomes cash flow positive in the first year
- Pay the deposit on your next property so you can build a multi-property portfolio fast (irrespective of the property market or economy)
- Boost your income
However, renovating is not always as easy as it looks. Brimming with enthusiasm and confidence from watching one of the many TV renovation shows, some novice renovators are surprised by the amount of work it takes to complete a property renovation. And some are disappointed by the meagre profits they receive.
Inexperienced renovators are prone to…
- Choose the wrong property
- Overspend on the wrong features
- Underestimate the time involved
- Burn out trying to do too much of the work themselves
- Give up too soon
Yet, with the right knowledge and experience, these challenges can be easily overcome. The team at Active Invest helps investors reap the rewards of property renovation by assisting them to…
- Find a suitable property
- Negotiate the purchase price
- Navigate the purchase process
- Create renovation plans
- Get council approval
- Find trusted tradespeople
- Project manage the process
- (If required) Assist in the sale of the end product
If you’re interested in using property renovation to make fast money or boost your property equity, get in touch today for a free exploratory chat about how we may help.