Renovation Projects – What happens if it doesn’t work to plan

All the planning in the world can sometimes fail to account for unforeseen eventualities that throw a spanner in the works.

Perhaps you’ve done all that hard work, only to find that the market or interest rates have moved unfavourably against you.

Of course, these potential issues are not so problematic if you’re keeping the finished property investment, which is another reason why I favour a buy, renovate and hold approach – timing the market is not so essential, and as such, there’s a greater margin for error.

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Jason Gwerder
Tuesday, 30 April 2024

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