Hi all,
I'm just starting out on a reno path, and don't have a ton of cash, probably looking around the 300K mark for first purchase, and would be hoping to spend an additional 20-30K on a cosmetic reno and on-sell at 390 ish.
I'm living in Sydney and working full time so reno would be a weekend and evening thing. Which means I'm limited as to how far I can travel (Newcastle would be the outer limit and probably only if the numbers REALLY stacked up...)
I've been primarily interested in Houses for reno, but given my limited funds I'm wondering what the go is with unit reno's? Does anyone do them as a regular thing? Are there issues with strata etc...?
Any advice greatly appreciated.
I'm just starting out on a reno path, and don't have a ton of cash, probably looking around the 300K mark for first purchase, and would be hoping to spend an additional 20-30K on a cosmetic reno and on-sell at 390 ish.
I'm living in Sydney and working full time so reno would be a weekend and evening thing. Which means I'm limited as to how far I can travel (Newcastle would be the outer limit and probably only if the numbers REALLY stacked up...)
I've been primarily interested in Houses for reno, but given my limited funds I'm wondering what the go is with unit reno's? Does anyone do them as a regular thing? Are there issues with strata etc...?
Any advice greatly appreciated.