Forum Replies Created
D,
Now that you mention it, No I haven't received any either. Mustn't have carried over with the new site!
That is something to be fixed.
Regards
Glen
Thanks Troy and Steve,
I will check out the bus tour details on the Rookie Developer website.
Thanks again
Glen
Steve,
I think it is a great change!
It is easy to navigate and a great new look.
I am interested in finding out more information about the levels of achievements and badges of a forumite eg The Wisdom of others badge and the Extra Extra badge etc, where can I find this info??
keep up the good work!
Glen
Catalyst wrote:I'm in Sydney. Close- yell if you need anything.We want to buy reno sell soon as our portfolio is almost full (well where we want it). We only aim to do one a year to supplement our wage from our portfolio as we don't want to work for much longer.
If you love renos it's the way to go. If you don't it's best to pay someone else as if your hearts not in it it will show. This is especially important if you are selling (as opposed to buy reno hold.
Hey Catalyst,
I am an ex Sydneyite myself, I will keep that offer in mind!I would love to replace my income through reno's as I do like to get my hands dirty. My situation at the moment and the reason for this post is that I am frustrated in trying to find time to perform a reno. When I did my last reno kids weren't in the mix. But now, having two young ones I need to work out with my wife a set period of time where I can dedicate to perform a reno, ideally 6 weeks,taking some time off work.
I did read that you performed a basic reno (long distance) and it took 1 week, did you sell and what sort of profit are you aiming for in your renos? I dont want to be greedy in my renos but I would like to have a goal profit in mind and work towards it!
I enjoy hearing from like minded people and I love, "the strangest secret", Earl Nightingale
Thanks.
GlenRental Profits wrote:, my handyman charged me about $20 per hour and was a wealth of knowledge, could do almost anything and knew where to buy the cheapest materials i put my handyman in charge of things and he loved it, he sent me photos all the time and took ownership putting on a few cartons of beer for the team every week or 2 also went a very long wayWow what a score with that handyman, it makes you want to use him again.
So are you a detailed planner of your renovations? Eg, For a buy reno sell strategy1. Do you set a goal of how much you want to make and look for a house that suits that?
OR
2. Do you look for cheap properties with reno potential, buy it, perform reno and take the cream when it is sold?
I am just wondering how the successful renovators work so I can work my strategy best I can.
Thanks for the post!
GlenCatalyst wrote:Where are you located?Catalyst,
I am located in Newcastle, NSW.
As for the long distance renovations, I have never completed one and am more of the opinion to set a profit on how much I want to gain from a reno and then search, search, search and more search for a house to fit my criteria which is close to home. This allows me to go after work and do some painting etc.
Ideally I would rather not work, but Buy, Reno and sell for a living! What a Dream job!
Thanks for the great posts!
GlenCatalyst wrote:We have done several full renos in the last 2 years.
We rip out the kitchen and bathroom and replace with new, paint, carpet, polish floors.
We both work full time and do most of the work ourselves (except tiling bathroom, electrical and plumbing).
We usually take 5 weeks for a full reno. We both go after work and weekends.I personally think most people take WAY too long for reno's. We did one quick one where we painted the kitchen doors and replaced the handles, new lino in kitchen and laundry, new carpet, paint throughout and new vanity and toilet. That took 8 days. A friend did the same but it took a month.
Where are you located?
Hello Catalyst,
Thanks for the insight into your renos. I really like the idea of getting in and out as quick as possible. 5-6 weeks sounds like the ideal time frame.
Juggling the other things in life is always a challenge. I think you have to say to yourself and your famiily around you that it will be a finite time frame. During this time frame life is going to be tough but it will be rewarding at the end!
Regards
GlenHello Shahin,
Thanks for the reply. I admire you for putting in the hard yards, 7 days a week and 18 hours a day. I have done a reno in the past doing weekends only and it took over 6 months. The next time I do a reno I want to take time off work as you did, be focused and determined to get the job done.
I would be interested to hear if any one uses mostly tradespersons and still makes a profit!
Regards
Glenwaydo77 wrote:just recently completed a reno course that has helped me a lot,Hello waydo77,
I'd be interested to know what reno course you completed?
Thanks
Glen
