We all love the idea of investing $1 to get $2 back, but do we all stop to think how this is possible and where you can best achieve this?

Some of the biggest issues and risks we face as property owners is over capitalising on renovations. Which is why you need to focus on finding the best areas of your property to spend the time and money when planning your renovation. 

What better place than here, what better time than now! 

Renovating properties is not easy, however if you are willing to take on the challenge, be sure that your efforts are going to be worth you time. 

In this episode Sam & Jaryd share their experiences and stories to help guide you through your renovating decision making process, by discussing what areas to focus on to double your money to help you increase your chances of success. This will ensure you are not wasting your time, money and energy on a renovation that may not give you the outcome you are looking for. 

Listen in as we answer the common question, share experiences and our key points that will help you double your money through property renovations.

Episode Highlights;

• Why researching markets before renovating can save you thousands to tens of thousands of dollars.
  
  
• What type of renovations will actually net you the best ROI versus.
  
  
• How to use agents to your advantage when looking at renovating your property.
  
  
• The importance of running a cash flow analysis to see how much money your renovations could make you.
  
  
• The underlying hidden costs that most renovators forget to account for, which could deem a renovation not worth it.

About The Hosts

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

Resource Links

➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources

Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.