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  1. tarah

    Renovating - Profits

    True about money being tied up. I once looked into building and selling but I realised it would be 12-18mths from plans to completion and would probably make the same profit as I would have just holding a property for that time. I figured in a rising market I'd be better off just buying and...
  2. tarah

    Renovating - Profits

    Thanks. Would it be better for you to be involved in the high end projects, as it may be more passive e.g you wouldn't have to turnover so many projects to get the same amount of profit? Just a thought. Sounds like your gf is onto a good thing! You said she does the designing and outsources - is...
  3. tarah

    Renovating - Profits

    Hi MTR, Just bumping this thread. As it is sometimes difficult to get finance for large projects atm, how is your gf funding the reno for these large projects? Does she purchase and have the banks fund on the finished product value so she has the funds to complete a large reno? Thanks :)
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