Renovation Projects –What to do with the end product

Some property investors seem to have made a fairly good living from becoming professional project managers and adopting a buy, renovate and sell strategy.

I often wonder though, how much long-term wealth could their investment have generated if they retained it as a high-growth rental.

For my money, the buy, renovate and hold approach makes a lot more sense and allows you to use any additional equity manufactured from all that hard work to invest in additional high-growth assets and further nurture your nest egg.

Whatever strategy you adopt when considering a renovation project, it must align with and complement your overall investment objectives.

RealRenta has all the tools that a property manager has but for less than ¼ the cost of a property manager.

You can now manage your Residential, Commercial or share/student accommodation property

Join now and the cost is less than a cup of coffee a week to manage your rental property.

RealRenta also has a free vision, so why not check it out.

Jason Gwerder
Saturday, 27 April 2024

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