Do you guys organise and manage your own reno's ?
Anyone here employ a manager to do it all for you? I'm thinking of going down this route.
I figure if I buy something that is quite run down and needs a reno i'll have less competition from other buyers for the property. I can get it revalued and gain some equity and also will get a decent kind of tenant with a decent rental return
How much for a full reno for a 50 - 70 sqm ip? $10 K 20 K I'm not sure.
Sorry in advance if these questions have already been asked
Oh and I wonder what ever happened to Celeste who used to post here. She was a Pert reno specialist.
thanks
Anyone here employ a manager to do it all for you? I'm thinking of going down this route.
I figure if I buy something that is quite run down and needs a reno i'll have less competition from other buyers for the property. I can get it revalued and gain some equity and also will get a decent kind of tenant with a decent rental return
How much for a full reno for a 50 - 70 sqm ip? $10 K 20 K I'm not sure.
Sorry in advance if these questions have already been asked
Oh and I wonder what ever happened to Celeste who used to post here. She was a Pert reno specialist.
thanks