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Apartment Block – OR – Gigantic Dual Living House

7 4 4 Have you got a ‘Brady Bunch’ family? Are Mum and Dad living with you? If either of these are true, this is the house for you. If you’re up for dual occupancy as an investment strategy, this works as well. 4 Bathrooms – nearly one each 4 car remote garage – The...

What’s Your Property Negotiation Strategy?

Are you aware of how selling agents tie you to an inflated price for your new property? Negotiating for your new property, be it investment or your own home, isn’t just something that you jump into when you’re suddenly at the negotiation table.Negotiation is a learned...

Are You Positive that You’re Negative?

Jehoshaphat, “Negative gearing is the best property investment strategy”. Geraldine, “Are you positive?” Jehoshaphat, "Huh???" OK, so we’ve all heard about positive and negative gearing with regard to property investment. But which one is the best strategy? Put...

To Be or Not To Be……….a Rent-vestor.

It seems it was easier back in the olden days. Remember back when you were a kid? More to the point, remember back when I was a kid, back in the 60s and 70s. You either rented or you bought your own home. It seemed that there were only the privileged few who could...

5 Bedroom Brand New Near Elite Schools and Walk to the CBD

52 2The selling agent has made this property is available for PPBA to buy for you. Elevated position, literately brand new, yet retaining the classy Colonial look is this colossal 5 bedroom residence mere walking distance to CBD and surrounded by a number of the best...

If It Seems Too Good To Be True, It Usually Is!

Often forgotten words, but at the heart of the ‘get rich quick’ schemes is this well-known assertion. When was the last time you saw a ‘wealth coach’ spruiking the benefits of some new real estate wealth scheme? Last time you looked at your email inbox or your...

Post COVID-19 Lending – What to Expect

Have you ever walked into a bank with a mask on? I heard a bloke named Dillinger tried it. Didn’t go well for him! However, with the onset of COVID-19, banks have changed not only the way they interact with their customers, but also the lending process. Furthermore,...

If you’re a buyer, ‘gloomy’ is GREAT!!

How has COVID-19 Been Good for You? The property forecast at the start of Covid-19, back in Feb-Mar was gloomy. If you’re a buyer, ‘gloomy’ is GREAT!! Let’s face it, if you were actually struck down with COVID-19, that’s not good for anyone. There are some people who...

Don’t Worry! You’re Not the Only One.

Is it lack of knowledge, don’t know where to start or just plain fear? We all know that it’s something that we need to be doing, otherwise we wouldn’t be here right now. What is it exactly then that’s holding you up? That’s the very first step you need to take to get...

If Nothing Changes, Nothing Changes!

How many “property experts” do you know? Friends, family and workmates who all know the best property to buy, the best location and the best strategies. There are plenty of them and they are all ready and very willing to give you their advice. Here’s the best way to...
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Renovation or Flipping

Renovate for a Profit or Flipping

There are basically two types of renovation strategies: Cosmetic and In-depth renovations. A popular type of renovation which you find on most TV renovation programmes is cosmetic renovations. Simply put, a slightly neglected property is purchased, given a coat of new paint often updating colour schemes, a garden makeover and any other simple inexpensive renovations. The property is then put on the market at a higher price. If done well, the new look property can provide significant profit in a reasonably short time, often as little as a few weeks. Once completed, the renovators then move on to the next property and repeat the process.

Although this can lead to significant profit, PPBA highly advise that significant due diligence and research should be conducted into renovation procedures well prior to purchasing any such property. There are many pitfalls in renovation that, if not handled well, can lead to monetary loss.

Renovate to Rent

This strategy is similar to renovating for profit, however the property is held for rent rather than renovated for quick sale. It is a strategy whereby a negative geared property may be turned into a positive geared situation.

It is likely that the property may have been initially a negative geared property. Once upgraded, the property can be used to command increased rent turning it into a positive geared property. In this calculation, costs of purchase, renovation and tax claims etc should be considered.

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