How renovation can improve cash flow
Renovation can boost the value of a property, but it may not always be the right decision. When is it the right time to undertake a renovation, and is it always necessary?
In this episode, Smart Property Investment’s Phil Tarrant is joined by Right Property Group’s Victor Kumar to reveal how a renovation can provide greater assets to your portfolio and ultimately improve your cash flow.
They discuss how buying under market value can work either in your favour as an investor or be a bad investment move, as well as how to realise your portfolio’s potential without spending a fortune.
Tune in to find out the different stages of renovation, which one is best for your purchase, how it can impact your portfolio in the long run and how to get the full value back from your renovations.
You will also hear about supply and demand impacts, why every property is different and who can help you make all these decisions.
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