Hello, I have found an old 2 bed fibro and would love some advice on how I could spruse it up to increase the rental yield?
http://www.realestate.com.au/proper...west-104933905?tm=1268950811&c=78577480&t=res
I know there will be issues with asbestos etc. I'm not really interested in the house, it's the land I'm after. But I want to make a decent return on it until I can develop later on down the track.
What sort of things do I need to consider when renovating a fibro house? We only wanted to give it new floors, paint, very cheap kitchen and bathroom but were hesitant with the asbestos issue.
Any advice or tips would be great!
http://www.realestate.com.au/proper...west-104933905?tm=1268950811&c=78577480&t=res
I know there will be issues with asbestos etc. I'm not really interested in the house, it's the land I'm after. But I want to make a decent return on it until I can develop later on down the track.
What sort of things do I need to consider when renovating a fibro house? We only wanted to give it new floors, paint, very cheap kitchen and bathroom but were hesitant with the asbestos issue.
Any advice or tips would be great!