Cullsport replied to the topic Renovation adding value to your property in the forum Value Adding 16 years, 8 months ago
Billy,Recommend you look at purchasing the product from this site "Renovation Toolbox" to help fill in the gaps with your strategy.You need to work backwards from the sale price for renovated homes/units in your target area. A rule of thumb calculation generally used by expert renovators is dividing the end sale price by 1.35 to confirm your…[Read more]
Cullsport replied to the topic Tenants prior to selling?? in the forum Value Adding 18 years, 7 months ago
Thanks for your thoughts guys,
We are meeting with some R/E agents Sat morning to finalise plan but your suggestions are along similar lines to what I was thinking….
Thanks again
[thumbsupanim]
Cullsport replied to the topic Reno addict 2. in the forum Value Adding 18 years, 9 months ago
Hi Chris,
Deal looks great…. did you complete any of the renovations yourself personally or did you outsource all of that work???
Also did you have a financier support you for the improvements based on end value or did you provide equity/cash to “owner build” the improvements????
It seems as though the whole apartment block was vacant at…[Read more]