Forum Replies Created
Hi Brian,
Sounds really good ill be interested to see how it all progresses. I just had a couple of questions-
1. What was your reason for selecting buy, renovate and hold as opposed to say the buy, renovate and sell as the agent suggested?
2. How do you come up with a accurate renovation budget before your able to get in the property and measure up, get contractors on site to look… etcThank
Michael
Thanks very much for all your idea and thoughts, i certainly think a joint venture/ mentor would be a good way to get started and learn the ropes.
I think the service that Ana Stankovic offers looks really useful however I'm based in Sydney so location is a problem. What do you think the best method of finding a mentor would be? I could easily find renovation companies to learn that side of it but there is much more to learn about buying property, estimating cost etc.
Jason are any of your projects in Sydney? Or do you have any contacts in Sydney or people doing the same thing?
Miike your comment on the current market is interesting at this stage I'm not even sure if this method of quick value adding is suitable for the current market or if more profit can be made using a different system all together eg buy and rent (positive cash flow property)
Jane thanks for the information i have actually read some of your information already after reading some of you previous comments in the forum. Very good information.
Michael
