Fixer-uppers could be diamonds in the rough.

This is why first-time homeowners are drawn to purchasing old, dilapidated properties for cheap in the hopes of being able to increase their market value. 

However, contrary to popular belief, not all renovations are worth the time, money, and effort you’re going to spend.

In today’s episode, we’re answering the age-old question: should you renovate or not?

We also discuss what to consider when buying a renovated home, the importance of engaging a project manager, various building codes, and more!

If you enjoy the show, do like, rate, subscribe, and share it with others! We have loads of resources available and if you’d like to chat, email us at [email protected]!

We’ll see you on the inside! 

 

Episode Highlights: 

1. Identifying potential-rich properties [03:26]
2. Adding more than just monetary value to a home [09:53]
3. Why every renovation should have a project manager [14:50]
4. Paying attention to building codes [21:19] 
5. What to look out for when buying a renovated home [25:42]
6. The additional cost of renting while renovating [30:44]
7. Making the choice between renovating and buying a renovated property [32:35]

 

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

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