Buying to Renovate

Buying to Renovate: The Two Tips You Must Follow

[av_section min_height=” min_height_px=’500px’ padding=’default’ shadow=’no-border-styling’ bottom_border=’no-border-styling’ bottom_border_diagonal_color=’#333333′ bottom_border_diagonal_direction=” bottom_border_style=” custom_margin=’0px’ custom_margin_sync=’true’ custom_arrow_bg=” id=’testimonials’ color=’alternate_color’ background=’bg_color’ custom_bg=” background_gradient_color1=” background_gradient_color2=” background_gradient_direction=’vertical’ src=’https://dashdot.com.au/wp-content/uploads/2019/01/section_bg_img-2.jpg’ attachment=’47’ attachment_size=’full’ attach=’scroll’ position=’top left’ repeat=’stretch’ video=” video_ratio=’16:9′ overlay_enable=’aviaTBoverlay_enable’ overlay_opacity=’0.2′ overlay_color=’#0a0a0a’ overlay_pattern=” overlay_custom_pattern=” av_element_hidden_in_editor=’0′ av_uid=’av-jrhr3p6s’ custom_class=”]
[av_heading heading=’Blog’ tag=’h3′ link_apply=” link=’manually,http://’ link_target=” style=’blockquote modern-quote modern-centered’ size=’42’ subheading_active=” subheading_size=’24’ margin=” margin_sync=’true’ padding=’10’ color=” custom_font=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” av_uid=’av-jsjmxt2a’ custom_class=” admin_preview_bg=”]
Set an appointment
[/av_heading]
[/av_section]

[av_section min_height=” min_height_px=’500px’ padding=’large’ shadow=’no-border-styling’ bottom_border=’no-border-styling’ bottom_border_diagonal_color=’#333333′ bottom_border_diagonal_direction=” bottom_border_style=” custom_margin=’0px’ custom_margin_sync=’true’ custom_arrow_bg=” id=” color=’main_color’ background=’bg_color’ custom_bg=” background_gradient_color1=” background_gradient_color2=” background_gradient_direction=’vertical’ src=” attachment=” attachment_size=” attach=’scroll’ position=’top left’ repeat=’no-repeat’ video=” video_ratio=’16:9′ overlay_opacity=’0.5′ overlay_color=” overlay_pattern=” overlay_custom_pattern=” av_element_hidden_in_editor=’0′ av_uid=’av-jrhrzfe3′ custom_class=”]

[av_image src=’https://dashdot.com.au/wp-content/uploads/2019/07/6.jpg’ attachment=’1236′ attachment_size=’full’ align=’center’ styling=” hover=” link=” target=” caption=” font_size=” appearance=” overlay_opacity=’0.4′ overlay_color=’#000000′ overlay_text_color=’#ffffff’ copyright=” animation=’no-animation’ av_uid=’av-juccno0h’ custom_class=” admin_preview_bg=”][/av_image]

[av_four_fifth first min_height=” vertical_alignment=’av-align-top’ space=” margin=’0px’ margin_sync=’true’ row_boxshadow_color=” row_boxshadow_width=’10’ link=” linktarget=” link_hover=” padding=’50px,0px,0px,300px’ highlight_size=’1.1′ border=” border_color=” radius=’0px’ radius_sync=’true’ column_boxshadow_color=” column_boxshadow_width=’10’ background=’bg_color’ background_color=” background_gradient_color1=” background_gradient_color2=” background_gradient_direction=’vertical’ src=” attachment=” attachment_size=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=” av_uid=’av-jxvgavys’ custom_class=”]

[av_heading heading=’Buying to renovate can be a bit of a risky strategy…’ tag=’h3′ link_apply=” link=’manually,http://’ link_target=” style=’blockquote modern-quote’ size=’36’ subheading_active=” subheading_size=’15’ margin=’0,,,’ padding=’10’ color=” custom_font=” custom_class=” admin_preview_bg=” av-desktop-hide=” av-medium-hide=” av-small-hide=” av-mini-hide=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=”][/av_heading]

[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” av_uid=’av-8kk8t’ custom_class=” admin_preview_bg=”]
On one hand, you’re usually getting a property below market value because it needs some work…

On the other, you’ve got to dedicate time and money to bring the property back up to speed…

Typically, we recommend buying a property that can stand on its own two feet from day one. 

As in, you get positive cashflow and start building equity.

And that’s going to take you to your next investment faster.

Renovations are usually a value add that can give the property a boost.

But if you are looking to buy to renovate, these are a few tips that may help you along…
[/av_textblock]

[av_hr class=’invisible’ height=’20’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’30px’ custom_margin_bottom=’30px’ icon_select=’yes’ custom_icon_color=” icon=’ue808′ font=’entypo-fontello’ av_uid=’av-jxvgka6n’ custom_class=” admin_preview_bg=”]

[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” av_uid=’av-jxxfaaab’ custom_class=” admin_preview_bg=”]

Tip #1 – Avoid Structural Work 

You’ve heard all of the horror stories of people buying properties to renovate only to go thousands of dollars over budget.

Structural issues are usually the cause.

They cost thousands to resolve and aren’t even part of the original renovation plan.

They can even hold up the project and cause further delays that cost even more money…

Such problems include 

termite damage, stump issues, or issues with the roof. 

Make sure you get an inspection carried out by an eagle-eyed professional who can spot these issues on your behalf.

And if there is structural work that needs doing…

Run!

(unless that is part of your plan!)
[/av_textblock]

[av_hr class=’invisible’ height=’20’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’30px’ custom_margin_bottom=’30px’ icon_select=’yes’ custom_icon_color=” icon=’ue808′ font=’entypo-fontello’ av_uid=’av-jxvgka6n’ custom_class=” admin_preview_bg=”]

[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” av_uid=’av-jxxfb31o’ custom_class=” admin_preview_bg=”]

Tip #2 – Check the Planning Guidelines

You might have grand ideas of tearing down walls and building extensions… 

But the local council may have other ideas. 

Any project that involves expanding the space that the property takes up will require a visit to the council. 

You may need to get specific planning permission for your project…  

This is where our advice about buying a property that stands on its own two feet comes into play. 

You’re looking to add value to a high performing property… 

rather than spending thousands to create one.
[/av_textblock]

[av_hr class=’invisible’ height=’20’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’30px’ custom_margin_bottom=’30px’ icon_select=’yes’ custom_icon_color=” icon=’ue808′ font=’entypo-fontello’ av_uid=’av-jxvgka6n’ custom_class=” admin_preview_bg=”]

[av_image src=’https://dashdot.com.au/wp-content/uploads/2019/07/6-2.jpg’ attachment=’1238′ attachment_size=’full’ align=’center’ styling=” hover=” link=” target=” caption=” font_size=” appearance=” overlay_opacity=’0.4′ overlay_color=’#000000′ overlay_text_color=’#ffffff’ copyright=” animation=’no-animation’ av_uid=’av-jxxfe72u’ custom_class=” admin_preview_bg=”][/av_image]

[av_hr class=’invisible’ height=’20’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’30px’ custom_margin_bottom=’30px’ icon_select=’yes’ custom_icon_color=” icon=’ue808′ font=’entypo-fontello’ av_uid=’av-jxvgka6n’ custom_class=” admin_preview_bg=”]

[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” av_uid=’av-jxxfdkbq’ custom_class=” admin_preview_bg=”]
We can help you find high performance properties that will benefit from your renovation work.

It’s all about high performance that helps you build towards your future.

To find out if we’re a good fit, take our 15-second application today.

Let’s build your High Performance Property portfolio, together. 
[/av_textblock]

[av_hr class=’invisible’ height=’20’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’30px’ custom_margin_bottom=’30px’ icon_select=’yes’ custom_icon_color=” icon=’ue808′ font=’entypo-fontello’ av_uid=’av-jxvgka6n’ custom_class=” admin_preview_bg=”]

[av_image src=’https://dashdot.com.au/wp-content/uploads/2019/04/CTA-blog-1030×311-2-1030×311.jpg’ attachment=’474′ attachment_size=’large’ align=’center’ styling=” hover=” link=’manually,https://dashdot.clickfunnels.com/email’ target=” caption=” font_size=” appearance=” overlay_opacity=’0.4′ overlay_color=’#000000′ overlay_text_color=’#ffffff’ copyright=” animation=’no-animation’ av_uid=’av-juccph05′ custom_class=” admin_preview_bg=”][/av_image]

[/av_four_fifth][av_one_full first min_height=’av-equal-height-column’ vertical_alignment=’av-align-top’ space=” margin=’0px’ margin_sync=’true’ row_boxshadow_color=” row_boxshadow_width=’10’ link=” linktarget=” link_hover=” padding=’0px’ padding_sync=’true’ highlight_size=’1.1′ border=” border_color=” radius=’0px’ radius_sync=’true’ column_boxshadow_color=” column_boxshadow_width=’10’ background=’bg_color’ background_color=” background_gradient_color1=” background_gradient_color2=” background_gradient_direction=’vertical’ src=” attachment=” attachment_size=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=” av_uid=’av-89wr9′ custom_class=”]

[av_social_share title=’Share this entry’ style=” buttons=” share_facebook=” share_twitter=” share_pinterest=” share_gplus=” share_reddit=” share_linkedin=” share_tumblr=” share_vk=” share_mail=” av-desktop-hide=” av-medium-hide=” av-small-hide=” av-mini-hide=” av_uid=’av-16c51′]

[/av_one_full][/av_section][av_section min_height=” min_height_px=’500px’ padding=’large’ shadow=’no-border-styling’ bottom_border=’no-border-styling’ bottom_border_diagonal_color=’#333333′ bottom_border_diagonal_direction=” bottom_border_style=” custom_margin=’0px’ custom_margin_sync=’true’ custom_arrow_bg=” id=” color=’alternate_color’ background=’bg_color’ custom_bg=” background_gradient_color1=” background_gradient_color2=” background_gradient_direction=’vertical’ src=” attachment=” attachment_size=” attach=’scroll’ position=’top left’ repeat=’no-repeat’ video=” video_ratio=’16:9′ overlay_opacity=’0.5′ overlay_color=” overlay_pattern=” overlay_custom_pattern=” av_element_hidden_in_editor=’0′ av_uid=’av-jrhrzfe3′ custom_class=”]
[av_one_fourth first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ row_boxshadow=” row_boxshadow_color=” row_boxshadow_width=’10’ link=” linktarget=” link_hover=” padding=’0px’ highlight=” highlight_size=” border=” border_color=” radius=’0px’ column_boxshadow=” column_boxshadow_color=” column_boxshadow_width=’10’ background=’bg_color’ background_color=” background_gradient_color1=” background_gradient_color2=” background_gradient_direction=’vertical’ src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=” av_uid=’av-1aip8′]

[/av_one_fourth][av_one_half min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ row_boxshadow=” row_boxshadow_color=” row_boxshadow_width=’10’ link=” linktarget=” link_hover=” padding=’0px’ highlight=” highlight_size=” border=” border_color=” radius=’0px’ column_boxshadow=” column_boxshadow_color=” column_boxshadow_width=’10’ background=’bg_color’ background_color=” background_gradient_color1=” background_gradient_color2=” background_gradient_direction=’vertical’ src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=” av_uid=’av-1aip8′]

[av_heading heading=’Contact’ tag=’h3′ link_apply=” link=’manually,http://’ link_target=” style=’blockquote modern-quote modern-centered’ size=’42’ subheading_active=’subheading_below’ subheading_size=’24’ margin=” margin_sync=’true’ padding=’10’ color=” custom_font=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” av_uid=’av-jrhw9lmx’ custom_class=” admin_preview_bg=”]
Leave us a message
[/av_heading]

[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” av_uid=’av-jrhs7jrh’ custom_class=” admin_preview_bg=”]
[gravityform id=”1″ title=”false” description=”false”]
[/av_textblock]

[/av_one_half][av_one_fourth min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ row_boxshadow=” row_boxshadow_color=” row_boxshadow_width=’10’ link=” linktarget=” link_hover=” padding=’0px’ highlight=” highlight_size=” border=” border_color=” radius=’0px’ column_boxshadow=” column_boxshadow_color=” column_boxshadow_width=’10’ background=’bg_color’ background_color=” background_gradient_color1=” background_gradient_color2=” background_gradient_direction=’vertical’ src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_breaking=” mobile_display=” av_uid=’av-1aip8′]

[/av_one_fourth]
[/av_section]

[av_section min_height=” min_height_px=’500px’ padding=’default’ shadow=’no-border-styling’ bottom_border=’no-border-styling’ bottom_border_diagonal_color=’#333333′ bottom_border_diagonal_direction=” bottom_border_style=” custom_margin=’0px’ custom_margin_sync=’true’ custom_arrow_bg=” id=’testimonials’ color=’alternate_color’ background=’bg_color’ custom_bg=” background_gradient_color1=” background_gradient_color2=” background_gradient_direction=’vertical’ src=’https://dashdot.com.au/wp-content/uploads/2019/01/section_bg_img-2.jpg’ attachment=’47’ attachment_size=’full’ attach=’scroll’ position=’top left’ repeat=’stretch’ video=” video_ratio=’16:9′ overlay_enable=’aviaTBoverlay_enable’ overlay_opacity=’0.2′ overlay_color=’#0a0a0a’ overlay_pattern=” overlay_custom_pattern=” av_element_hidden_in_editor=’0′ av_uid=’av-jrhr3p6s’ custom_class=”]
[av_heading heading=’Testimonial’ tag=’h3′ link_apply=” link=’manually,http://’ link_target=” style=’blockquote modern-quote modern-centered’ size=’42’ subheading_active=’subheading_below’ subheading_size=’24’ margin=” padding=’10’ color=” custom_font=” custom_class=” admin_preview_bg=” av-desktop-hide=” av-medium-hide=” av-small-hide=” av-mini-hide=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” av_uid=’av-1bras’]
What our clients says
[/av_heading]

[av_testimonials style=’slider_large’ columns=’2′ grid_style=” interval=’8′ font_color=” custom_title=” custom_content=” av_uid=’av-jrhuagqv’ custom_class=” admin_preview_bg=”]
[av_testimonial_single src=” name=’Amanda (27)’ subtitle=” link=’http://’ linktext=” av_uid=’av-379bc’]
“Thanks to Goose and Gabi, I was able to clearly understand the strategy required to set me on a path to financial freedom. This strategy has become an action plan, and their ability to find the perfect deals to suit my goals is absolutely amazing. I can’t thank them enough!”
[/av_testimonial_single]
[av_testimonial_single src=” name=’Jacquie (34) and Steve (36)’ subtitle=” link=’http://’ linktext=” av_uid=’av-2mk94′]

“The knowledge, care, and guidance provided by Gabi and Goose gives us every confidence that we will be able to replace our income in the next 5 years”

[/av_testimonial_single]
[av_testimonial_single src=” name=’Kerry (51) and Lisa (48)’ subtitle=” link=’http://’ linktext=” av_uid=’av-upw’]
“Analysis Paralysis was stopping us from taking the next steps, even though we both talked about how we never felt we’d get out of the ‘rat race’. Thanks to dashdot, we’re finally on that journey to the life we’ve been dreaming of!”
[/av_testimonial_single]
[av_testimonial_single src=” name=’Sam (39)’ subtitle=” link=’http://’ linktext=” av_uid=’av-1mr20′]
“I always thought I knew what I was doing when it came to property investing, but after working with dashdot, I realised I was only ever speculating… These guys have really shown me what it means to invest intelligently, and to make a property work from day one”
[/av_testimonial_single]
[av_testimonial_single src=” name=’Charlie (28)’ subtitle=” link=’http://’ linktext=” av_uid=’av-2oug’]
“I’d pretty much resigned to the fact that I would never own a home, let alone an investment property portfolio. Dashdot helped me come up with a strategy that will help me leapfrog into buying multiple properties in only a few years. I feel like my whole future has changed – I couldn’t be more excited!!”
[/av_testimonial_single]
[/av_testimonials]
[/av_section]

Looking for property?

Start investing the 'new way'.

Scroll to Top