This week we have something very special for you. About a year ago I invited Liz Raad to talk about renovating websites. I have been interested in this strategy for quite some time, for a couple of reasons one is because it's about digital, and digital is definitely very current and loaded with opportunities. And the second reason is that it's at such a low price point and as opposed to property.

Whenever I make a decision to learn a new skill, I like to shortcut the learning curve and get some help from someone who has already walked the walk. And so my guest today is the person that I have chosen as my mentor and that's Liz Raad.

Highlights:

[00:00:34] Bernadette's goal number 33: learn to flip websites

[00:02:55] Being a confident woman in a male dominated industry

[00:03:45] From buying and selling real estate properties to buying and renovating websites

[00:05:17] Setting short-term and long-term goals in buying and renovating websites

[00:05:17] How to build a more passive income

[00:06:50] Cashflow strategies and long-term assets strategies

[00:07:29] Helping local businesses with their websites and generate cashflow

[00:09:18] How long does it take to become proficient in buying and renovating websites

[00:10:23] How a student leveraged and accelerated her website renovating journey

[00:11:43] There is a learning journey but once you have it renovating is a skill for life

[00:15:13] Keeping your brain working while generating income

[00:16:04] You need experience and mastery in buying websites and buying property

[00:17:08] Renovating  websites from a couple of hundred dollars to multi-million dollars

[00:18:23] How to pick website deals that suit you

[00:19:27] Does the buyer's agent have a role in buying websites?

[00:20:17] Why due diligence is worth millions

[00:22:09] The low buy-in makes renovating websites a  much safer process

[00:26:05] Buying a website is like buying a blue-chip suburb

[00:28:48] Our goal in buying and renovating a website is always to double our income

[00:30:04] Is it better to buy websites on topics that you're passionate about?

[00:29:54] The skills that your website renovating team must have

[00:33:44]  How renovating websites is similar to renovating properties

Resources:

Special Live Presentation with Liz and Matt Raad (How To Buy & Renovate Websites For Passive Income)

bit.ly/websitereno

eBusiness Institute

https://ebusinessinstitute.com.au/

Matt and Liz Raad Youtube Channel

https://www.youtube.com/user/MattandLizRaad

The School Of Renovating

https://www.theschoolofrenovating.com/

She Renovates podcast

https://www.theschoolofrenovating.com/podcast

She Renovates on  iTunes

https://podcasts.apple.com/au/podcast/she-renovates/id1452762885

How to reach Liz Raad?

YouTube: https://www.youtube.com/user/MattandLizRaad

Facebook: https://www.facebook.com/MattandLizRaad

Did this episode inspire you? If you have any thoughts or comments about the show, head over to She Renovates on iTunes and leave us a review. Also, don’t forget to subscribe, tune in, and share this podcast.

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