What is your life goal with renovating?
Building generational wealth with perpetual passive income (which sounds really wanky, but I want to know that Tess will have her own income and never have to rely on a partner for money or accommodation) Years in property management watching women stay in awful situations because they can’t afford to leave has left its mark on me.
Are you renovating for cashflow or wealth building or both?
For now I’m renovating for wealth building so that in the future there will be a passive income for myself and Tess. Tess may not be able to work full time so I want her to have a buffer.
What is your secret sauce?
I always find a way and I find the funny side of most things.
Can you share one or more element or hack used in your project that you really love?
With Lewis st, I’m renovating it with the type of tenant in mind – Young professionals with great incomes that want a particular lifestyle.
What are the projects that you have completed since being with The School Of Renovating?
19 Ivor st Telarah – completed 2016 – tenanted
Why did you join WW?
I lack discipline with design, I’ve learnt so much since joining.
What have been the your biggest takeaways from WW
That women are amazing!
36 Lewis st
Bought $162000 (2003)
Sold /revalued $850000 before reno – aiming for 1.5m after reno
Profit/Uplift $ or income $
36 Lewis st – reno in progress
233 Bass Hwy in Tasmania – currently tenanted – plans for a future reno
76 Pratten st Warwick QLD – DA Approved for 2nd dwelling in the future – tenanted
The Churchyard Paterson – renovate the church plus 3 cottages for airbnb style accommodation with the back up plan of leasing them long term if needed
19 Beaumont st Islington – commercial property – tenanted