Hi Ajay, we look at it from a time is money perspective. Agents have the databases to sell our homes quicker. For the time and effort involved in selling and many prospective buyers dubious about not using an agent, you may be wiser to check out local agents before selling yourself

Hi Marie, here’s a short post about doing it yourself, hope it helps http://www.winningformulasforsuccess.com/_blog/Renovation_Tips_-_Blog/post/Prepare_your_home_for_maximum_resale_value/

Not a nice situation to be in, and we agree with Ryan. Just start saving your dollars, educating yourself on where you’d like to purchase, get to know the area etc…

We renovate day in day out, we love it, its our passion & we do make sizable profits. We started small though and learned so much along the way. Vedremo, there is a lot of hard work in either renovating or developing, good luck on your journey

Have you thought of renting and lending the $300K to a private investor or doing a Joint Venture? You would have much higher returns than bank interest, although much higher risk involved. Check with your accountant and mortgage broker to see if they have a suitable client that you could JV with Just a thought to ponder

All based on price and terms that both parties agree to, regardless of the purchase amount

Jacqui, if you are paying cash for electrical, plumbing or building works, tradies will not usually give you certification papers. Paying the extra for this can save your butt in many situations

Ocean Architect has laid out the best plan of attack- the plumbing drawings will tell you what you can do with the space you have & raising the floor level could be the most cost effective avenue too

Just an update -there are now 12 spots for the Reno Excursion on May 1st in Melbourne More photos and video footage will be posted on our Facebook Fan page http://www.facebook.com/RenovateAndProfit

Have a chat to a few real estate agents that are selling out there & maybe check the surrounding area rental returns.

Many do use video now, here’s an example of a VIC real estate agents video pages, they also do an update from staff monthly in video format too – http://www.comptongreen.com.au/

KMMK, where is the property located? Can you rent it out yourself privately? whilst you figure out what fees and charges are acceptable. Have you spoken to anybody else in the area that rents their house out as a holiday rental…. they may be able to help you out

Thanks for the heads up xdrew, wont waste my time responding to TKL’s dribble

Suggest just going for carpet or lino for rentals…. when/if you decide to sell, then polish the boards

Angel, we’ve also noticed that Asians do not like bathrooms in the middle of a floorplan of any property, and after reading more into Feng Shui, I totally understand why

We have had re-vals done a week after settlement (had access to property prior to settlement to complete renovations). Banks requirement was invoices for work completed. Agree with the above comments though, all banks are different.

Hi Fredo,
There are so many variances in products from your list, so best suggestion is to get 3 quotes for each job- always go for quality over pricing. Is the property investment going to be a rental or a reno then sell?

Would also love to know how you went with your investment

There is a deal of a life time every week Nathan keep looking and am sure you’ll find a diamond investment to sink your teeth into

We deal with great tradies on a daily basis Good idea to about the online service:) we often spotlight our tradies on our facebook page and they answer questions from our fans At our Reno Excursion next month our tradies will be chatting with attendees Check us out if you like.