George, what ever trade/course you decide to take on PLEASE PLEASE PLEASE promise us you’ll pay extra special attention to the numbers Investing, Renovating, Building, Extending, Holding, Renting…. it is all based on figures Will keep an eye out for your progress & best of luck with your journey.

Jake, you’ve god a good head on your shoulders by the sounds of things. Everyone will have their own opinions on the best way to move forward and build a portfolio. Learning how to crunch the numbers on any type of deal be it a renovation or a build is one of the most important aspects, as well as structuring yourself (finance & company wise)…[Read more]

Have you thought about doing a joint venture maybe with your parents to start you going?

There are some shocking properties out there- here’s the current one we are renovating at the moment…. scroll down and have a look at the photos. There’s profit in the deal and thats what counts – http://www.renovateandprofit.com/RENO-Excursion

Sorry I just re-read your post, in NSW I’d have a chat to council & a local builder to see what would work within your budget and have the most profitable end return. Is it an investment to rent out or sell?

Hi marsmac

Changing your floor plan can sometimes depend a lot on budget, current building spec’s and also council regulations. What state is this property in?

Hi naledge

We think its great at 19 yrs old you are looking to educate yourself about property investment! Best of luck with your journey

Hi orieldel23591

Have you considered a cosmetic renovation to add value & better rental return?