Still haven't answered my initial question - what is your BIO? Do you have experience directing/managing a multi million dollar business such as one you propose?
pinkboy
Hey Pinky
I did answer in earlier thread.
I have zero experience, only know the fundamentals of property, and what, how, why, a good renovation can increase property value.
I have a "sound" knowledge of the industry. But certainly not truly savvy like genuinely employed professional people.
I was simply a home viewer of Selling Homes Australia on foxtel, and my mind starting ticking. One year ago,.
Constant issue on show,,, Vendor cant finance renovation, or has extremely limited budget to do anything.
Problem= need for solution.
Banks= even more problems
I hate banks. Bunch of white collared criminals. (hi to all the bankers on the forum)
vendors slave away for banks their whole life.
this concept is all about truly maximising that vendor slavery, FOR the vendor, by helping the vendor in the best way possible.
Renovate, profit, vendor happy.
Renovate, dont profit, vendor still owns home, owes us nothing.
regarding the question, about us committing to a vendor, then us going broke? the only way a reno company even starts, is by us paying them in the first place. Jobs gets done regardless of what happens to us.
If we dont have the funds to give to the reno company, there simply wouldnt even be a start on a project.
We push the finance strongly to reno company, clear that first, so regardless what happens after that, to us as a business, the job is being done by reno company as they were given the funds.