On today’s episode,
In this episode I am with one of our students, Tim Daly who recently decided to renovate. Tim is going to share with us the strategies that helped develop his investment property, Alexandria to produce him an income of $100K.
Listen to Episode 71: Case Study: How A Sydney Treechanger Added $100,000 To His Sale Price In A 3 Week Reno
Episode Highlights
- [01:50]The plan: getting rid of the weekly rent
- [04:08]A managing agent who recommends renovating before selling
- [09:00]Bowerbird Interiors
- [11:24]Reigning in on the renovation budget
- [13:39]Timing: being ready for the very first weekend of the auction year
- [17:25]Moving to Lismore
- [21:12]A lesson after checking the original plan
- [27:47]Craving solitude
- [28:40]Keeping a short-term rental in Cessnock