62 – The Anatomy Of A Renovation For Profit

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In today’s episode, I will share with you the science behind maximising your profit through renovation. I will also talk about the opportunities on how you can increase the value of your property. If you are in the middle of a renovation or about to start one, make sure to listen to the whole episode to save yourself from throwing money down the drain.

Listen to Episode 62: The Anatomy Of A Renovation For Profit

Podcast: Download (Duration: 21:07 — 48.94 MB)

Episode Highlights

  • How you plan a sound strategy so you can make a real profit from renovating
  • What is “cosmetic renovation” and how can it increase the functionality of your home
  • How to you add bedrooms with an existing footprint
  • Removing the redundancy of dining rooms
  • How to maximise space of the old-style bathrooms
  • What is the difference between real value vs. perceived value
  • When do you remove, replace or recycle
  • Styling adds value to the property

00:20 – My Airbnb Empire

01:12 – Most inspiring podcast

03:12 – Learning to be more strategic

05:57 – Understanding your demographic

07:47 – Cosmetic improvements

10:08 – In terms of flow

12:30 – A redundant dining room

16:00 – A functional point of view

17:06 – Little hacks

18:45 – Styling is absolutely essential

WYNNUM PROJECT

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