She Renovates

170 - How To Use Renovating To Build A High Equity, High Cashflow Portfolio Fast


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Renovating is addictive! It is easy to get sucked into the vortex of your current project with tunnel vision that can make it difficult to look towards the future. As a result, I have seen a lot of people spend a large portion of their prime years trying to build up a portfolio so they can give up their day jobs, with very little success.


They lacked a future-proofing strategy. I don’t want you to find yourself in the same boat. So, In this episode of the She Renovates Podcast, I tell you how you can use renovating to build a high equity, high cashflow portfolio - fast.

Passive income is the goal which means developing a long-term view of how renovating can help you achieve this. I spent many years being addicted to my projects without being strategic about my renovations business. I eventually came to realise I wasn’t getting to where I wanted to go. Over time I have learned lots of strategies to help me build wealth.


Listen to the podcast to find out which strategy doesn’t work and those that do. The best renovations business strategy will ensure good cash flow and maximise your profit. I have learned the hard way so you don’t have to.


EPISODE HIGHLIGHTS:

  • [00:44] How to use renovating to build a portfolio.
  • [02:35] Strategies to build wealth.
  • [04:22] How to secure your next investment property.
  • [04:59] Micro development strategy.
  • [08:15] Principle rule of property investing
  • [09:06] Bernadette’s avocado smash joint venture
  • [13:10] Work with a good accountant to navigate the tax
  • [13:39] The quality of your team will determine the success of your outcome
  • [14:43] Elizabeth Gordon’s renovation project.
  • [17:44] What are the benefits of renovating?
  • [19:11] Risks of renovating.

  • Resources


    Relocate A House

    https://relocateahouse.com.au


    Women in Renovating Workshop

    www.theschoolofrenovating.com/womeninrenovating



    Connect with The School of Renovating

    ASK BERNADETTE

    https://www.theschoolofrenovating.com/podcasts-page

    Subscribe to She Renovates Apple Podcast

    https://apple.co/3faoWlT

    Subscribe to Youtube:

    https://www.youtube.com/c/TheSchoolOfRenovating

    Follow on Twitter

    https://twitter.com/renovatingsc

    Follow  on Instagram

    https://www.instagram.com/the_school_of_renovating

    Follow  on LinkedIn

    https://www.linkedin.com/in/bernadette-janson-3411652b

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    She RenovatesBy Bernadette Janson

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