All Topics / Value Adding / Renovation Workshops

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  • Profile photo of bbpicbbpic
    Participant
    @bbpic
    Join Date: 2009
    Post Count: 7

    Hi all,
    I want to start on the road of property renovation to one day replace my current full time job income.

    I want to learn as much as possible, have bought books on the subject but learning from theory is difficult.

    I came across some info on seminar given by Stephen Tolle and Cherie Barber (renovation for profit) through a free information session, seems a bit expensive but given by two of the most successful renovators in the business.

    Has anyone done these workshops & what do you think?

    Thanks in advance.

    Profile photo of j.wj.w
    Participant
    @j-w
    Join Date: 2009
    Post Count: 17

    I have done this workshop and found it to be very informative, particularily with regard to purchasing materials at trade price. I have used some of their advice since the seminar and saved more than the cost of the seminar on timber and tiles that I bought for a renovation I recently completed.

    Profile photo of DebPlatzDebPlatz
    Member
    @debplatz
    Join Date: 2004
    Post Count: 4

    I have also found Property Women and Reno Kings also run workshops – depending on your location.
    check their websites: http://www.propertywomen.com.au  http://www.renokings.com.au

    Profile photo of marx3bullmarx3bull
    Member
    @marx3bull
    Join Date: 2009
    Post Count: 86

    These workshops are very informative and helpful indeed. I did one sometime ago and got to know a lot of new techniques from there.


    Miami Exotic car rental

    Profile photo of Jane - HotspaceJane – Hotspace
    Participant
    @jane—hotspace
    Join Date: 2010
    Post Count: 69

    I have heard that Cherie and Stephens' course is great, although I haven't done it myself. Sometimes you've got to invest good money into a good education. Like Jason suggested, he saved the cost of the course just on one project alone. Worth considering I think.

    You may also be interested in some e-Books I have written for renovators of investment properties (Cherie Barber has actually purchased all of them!!!).

    These are based on my 17 years of experience as a designer and working in the renovation/construction industry.

    More info on my website – http://www.HotspaceConsultants.com

    Jane – Hotspace | Hotspace Consultants
    http://hotspaceconsultants.com/home
    Email Me | Phone Me

    Renovating for Profit specialist

    Profile photo of roseagainroseagain
    Member
    @roseagain
    Join Date: 2009
    Post Count: 12

    Hi,
    I am just new at all of this and haven't even bought a property yet.  However, I believe that you can claim the cost of the seminar on your tax.
    Just my 2 cents worth,
    Roseagain.

    Profile photo of Ryan McLeanRyan McLean
    Participant
    @ryan-mclean
    Join Date: 2010
    Post Count: 547

    Make sure you have a passion for this. Renovating is not easy.

    Seminars and learning are good, but it is still a good idea to start slow. Buying a $1 million fix up job is risky for your first time around. Start small and build your way up. That is exactly what I am doing

    Ryan McLean
    http://CashFlowInvestor.com.au
    Positive Cash Flow Properties Are Just A Click Away

    Ryan McLean | On Property
    http://onproperty.com.au
    Email Me

    Profile photo of Ryan McLeanRyan McLean
    Participant
    @ryan-mclean
    Join Date: 2010
    Post Count: 547

    Also…sorry I forgot to add this in.

    Sarah Beanie from the show Property Ladder has a bunch of books out on property development and renovation. She is a genius.

    The books are for the UK but they have loads of nuggets of gold in them.

    Ryan McLean
    http://CashFlowInvestor.com.au
    Positive Cash Flow Properties Are Just A Click Away

    Ryan McLean | On Property
    http://onproperty.com.au
    Email Me

    Profile photo of sydney08sydney08
    Member
    @sydney08
    Join Date: 2008
    Post Count: 8
    marx3bull wrote:
    These workshops are very informative and helpful indeed. I did one sometime ago and got to know a lot of new techniques from there.


    would you be interested in an exchange of courses? am interested in the reno course and am offering to trade for any one of the others that I have done, pick and choose what would interest you. Property options by Ric Otton, Trusts, Property accounting and taxation by chan and naylor, everything on property investing by Dymphna and Chris Gray, developments by Carly, We have spent a totsl of Aud 16000 on all these courses. It was money well spent based on the knowledge we now have and continue to have..

    Profile photo of j.wj.w
    Participant
    @j-w
    Join Date: 2009
    Post Count: 17

    As i have said earlier in this topic, Steve and Cheries course is fantastic. I am just about to start a renovation on a block of units I have purchased. I would not have been able to undertake this project without the contacts that I made at the course. I have obtained finance through a broker that spoke at the course (I tried to obtain finance myslef through two other brokers who were not able to hlep me). I have set up a trust and company to protect my personal assets and engaged an accountant to manage my tax requirements again they spoke at the course.

    I feel that as a result of this course I have been able to take action and am well on the way to a new career in property development! This is project number two since the course in August last year!

    I should also mention that I call Cherie whenever I have a question about something I am not sure of and they have a timely answer fro me.

    Profile photo of ChizChiz
    Participant
    @chiz
    Join Date: 2008
    Post Count: 70
    roseagain wrote:
    Hi,
    I am just new at all of this and haven't even bought a property yet.  However, I believe that you can claim the cost of the seminar on your tax.
    Just my 2 cents worth,
    Roseagain.

    I believe you are right – but only if you have an income relating to the expense your claiming. In other words if you do a property reno course you can only claim it if you have an income coming from something relating to property. So if you bought a digital camera, you can’t claim it unless you have an income coming from photography.

    Profile photo of AnaAna
    Participant
    @ana
    Join Date: 2004
    Post Count: 79

    I second Jane and invite you to have a look through our website – lots of free info re renovating for profit.

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