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Tag: cosmetic renovation

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Lend Power Deal of the Fortnight – 4 Ku-Ring-Gai Close, Loganholme QLD 4129

Our pick of the week this week is 4 Ku-Ring-Gai Close at Loganholme – sourced off market by Simon Loo at Housefinder who runs a Buyers Agency specializing in finding below market value properties in QLD. This $337K, 4 bedroom, 2 bathroom lowset house sitting on 507sqm block is an outstanding investment for the following…
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[3 min Wed finance series] Overcapitalising – what is it and how to avoid it?

As a home owner or property investor, you may have heard the term ‘overcapitalising’. But what exactly is it and why is it considered bad?

[Investment Strategy] What is your limiting resource in property investing?

Have you ever wondered how some investors are just able to keep growing their portfolio? Most Australians never go beyond 1 Investment Property – so what is the trick?

[Portfolio Showcase Series] KEEPING THE MOMENTUM GOING ON PROPERTY #4 (PART 3) – TRANSFORMATION TIME!

After the first terrible experience with engaging a remote builder, I was gobsmacked but at the same time determined to find the people I can trust to get the renovation job done. The other side of me was hoping that I may be able to get away with just getting it rent out as is…
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[3 min Wed finance series] Thinking to refinance in order to renovate? Here’s how!

Refinancing your assets to renovate a property is a significant decision that will hopefully improve your standard of living or add substantial value to your property.   Refinancing isn’t as straightforward as you might expect. The type of renovation proposed goes a long way to dictating the loan required. If the wrong loan is chosen,…
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[Investing Tips & Tricks] Why you should be extra cautious working with cash job tradies

Let’s admit it, investing in property is not all rosy when you have maintenance issues. This is usually the biggest expense and it’s unavoidable. So as smart investors we all want to find ways to minimize outgoing expense. And tradies understand that. Investors are not looking for top notch jobs. They just want someone who…
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[Portfolio Showcase Series] KEEPING THE MOMENTUM GOING ON PROPERTY #4 (PART 2) – REMOTE RENOVATION SAGA

Continuing on from part 1, I have got all my ducks lined up, paid the builder and agreed on the start date. We are raring to go once property #4 in Woodridge is settled!!! Well, at least so I thought. The settlement date came, followed by the renovation start date. Learning from the last lesson about…
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[Portfolio Showcase Series] KEEPING THE MOMENTUM GOING ON PROPERTY #4 (PART 1) – SELECTION CRITERIA

Since the purchase of property 3 in Slacks Creek I’ve been very happy and excited with the outcome. Yield has been fantastic since day 1 and my strategy in buying site unseen has been proven that it works! So keeping the momentum going I’ve started searching for the next deal, again the similar Logan area in the hope for…
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