Hi all
for the experienced renovators out there, what is the % you expect to make on a reno? Do you have a target and stick to it?
My thoughts are that you would need to make at least 20% profit in the hand after all expenses including stamp duty, sale costs etc.
Would be interesting to find out what you are actually achieving if you would like to share.
Cheers, MTR
for the experienced renovators out there, what is the % you expect to make on a reno? Do you have a target and stick to it?
My thoughts are that you would need to make at least 20% profit in the hand after all expenses including stamp duty, sale costs etc.
Would be interesting to find out what you are actually achieving if you would like to share.
Cheers, MTR