Buy Renovate Sell BeforeAfter. Kitchen BeforeAfter.

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Presentation transcript:

Buy Renovate Sell BeforeAfter

Kitchen BeforeAfter

Bathroom BeforeAfter

Rear of House & Street Facade

Lesson 1 Don’t do the work yourself, leave it to the experts!

Lesson 1 continued… Don’t do the work yourself, leave it to the experts!

Lesson 2 – Schedule From Go To Woe  We went in with no realistic time frame  Major time blowouts because we were on the tools  Tried to do it after work and on weekends – not good for your health!  Calling in favours is not sustainable

Lesson 3 - Watch The Market  Market changed from flat to boom  Missed other deals  Would have made similar money by doing nothing

Lesson 4 - Realistic numbers  Holding costs took our profit  Didn’t have the end sales value in mind  Reno budget doubled (inexperience)

Lesson 4 - Realistic numbers Costs  Purchase Price $256k  Purchase Costs $10k  Renovation Costs $68k  Holding Costs $25k  Selling Costs $10k Income  Sold for $389k  Profit $20k