Property Investment Podcast Network How renovation can improve cash flow
Renovation can boost the value of a property, but it may not always be the right decision. When is it the right time to undertake a renovation, and is it always necessary?
In this episode, Smart Property Investment's Phil Tarrant is joined by Right Property Group's Victor Kumar to reveal how a renovation can provide greater assets to your portfolio and ultimately improve your cash flow.
They discuss how buying under market value can work either in your favour as an investor or be a bad investment move, as well as how to realise your portfolio's potential without spending a fortune.
Tune in to find out the different stages of renovation, which one is best for your purchase, how it can impact your portfolio in the long run and how to get the full value back from your renovations.
You will also hear about supply and demand impacts, why every property is different and who can help you make all these decisions.
You'll hear all of this and much, much more in this episode of The Smart Property Investment Show!
If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights!
SUBURBS MENTIONED IN THIS EPISODE:
RELATED AREAS OF INTEREST: Investors continuing to leave market and be replaced by first home buyersThe impact the major banks are leaving on investors APRA chairman sets sights higher on 'improvements' to lendingBig NSW suburb 'negative growth traps' to avoid