Can anybody give me ideas on how to pick up cheap homes that are in need of renovating in S.A. and where are the likely boom areas, also does anyone know if there is a website for morgagee in possession properties.
ThanksThis legendary property-mogul is a doing just that, and in SA, to boot.
Run-down apartments in Glenelg last time I looked….she buys a block, does 20K worth of renovating on each and sells them for a LOT more on individual titles, often selling before they are even completed.take a look at some of her projects and so on and leverage off her obvious handle on the market – she knows what she’s doing and does it very, very well.
“Cathy Jayne Developments is a South Australian owned and operated company specialising in adding value to property in South Australia through renovation and redevelopment and providing property investment and asset management services and advice.
As a Property Development company we renovate tired old homes, maisonettes and groups of flats across Adelaide. We give these properties a new lease on life and added value before offering them to purchasers, through reputable real estate agents, as excellent property investment opportunities. We are dedicated to keeping the prices of the refurbished properties affordable, fair and real. “
she sounds way cool huh!
cheers-
MiniThanks Mini
Yep! I saw her on ACA or Today tonight I was green with envy, she was doing what I’ve wanted to do for a long time but just didn’t know how to get started, she’d be an excellent mentor. Funny thing though the home that she bought in Medindie was actually own by Mr Martin, part of the John Martin Store Family, how I know this is because I went to school very close to where she lives and we use to swim in the pool there, Mr martin use to watch from his bedroom window, we thought creepy when we were younger, but now I look back and this old man in this huge mansion all by himself how lonley would he be. Anyway back on to the subject, I’ll go and have a look at the website.
Thanks for your help!!!
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