This week we are throwing back to one of our most popular episodes of 2022 on how to accelerate your investment using renovation and development.
It's a bit of a lead-on from Episode 76, where I was chatting with Stuart Wemyss on if renovation and development add up.
I've been digesting on that chat I had with Stuart, and I wanted to give you some different perspectives on when renovation development can work, especially in accelerating your investing.
So, let's go inside.
Resource Links:
- Episode 76: Does Renovation or Development Add Up? With Stuart Wemyss (https://www.investorsedge.com.au/episode-76-does-renovation-or-development-add-up-with-stuart-wemyss/)
- Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property (https://www.investorsedge.com.au/invest-in-perth-property/)
- Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)
- Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
- For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
- For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)
Episode Highlights:
- Intro [00:00]
- Purchasing Another Property Rather Than Doing Renovations or Development [01:22]
- Undertaking a Renovation or Development Project May Yield Greater Gains in the Short Term [02:39]
- Growing Your Portfolio Through Small-scale Developments [04:26]
- How Can You Accumulate $200,000 to Purchase Another Property in Just 2 Years [07:10]
- Other Factors to Consider When Deciding Whether to Do a Renovation or Development Project [09:08]
- When Purchasing a Property, Rental Yield is an Important Factor to Consider [13:02]
- Why Renovation or Development is a Good Decision for Accelerating Your Property Investment Journey [14:39]
- Outro [15:19]
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