Have you been thinking about renovating for a while? Have you been hesitating about getting started? If you have been sitting on the fence, you might think that now is not the right time to get started. I want to challenge you about this!
I went through the school of hard knocks. I have made mistakes and sold properties when I shouldn’t have because I panicked about my finances. I was not well informed about funding or the ups and downs of the property market. I have learnt the hard way so that you don’t have to.
These are the reasons I believe now is the right time to renovate…
The Property Market Is Never Static
The property market is always changing. Values go up, and values go down. Occasionally something significant happens that causes a big change in the property market. About every decade, you will see a significant movement in the distribution of wealth.
I consider these events to be portals that allow you to get into the market. They allow you to significantly improve your financial position, and more rapidly, than any other time.
Right now, interest rates have never been lower. In my long renovating history of more than thirty years, I have never seen interest rates this low.
In the Nineties, I was working on the biggest project I had done up to that point. We had a flutter in the market. Because I didn’t have the right information about funding, I thought I had to sell those properties. And we did, without making a profit. It was a real tragedy. Soon after, the value of properties skyrocketed.
Now Is The Right Time To Renovate
With this experience in mind, I believe that now is the right time to renovate. You are poised to capture a once-in-a-lifetime window of opportunity.
To be able to take advantage of the changes that are occurring in the property market now, you need to arm yourself with the correct tools. I don’t want you to make the same mistakes I made all those decades ago.
Poor decisions are made through a lack of knowledge. If I had known what I know now, I wouldn’t have made the mistakes I made in the Nineties that cost me my profits.
At The School of Renovating we have developed a cheat sheet to get you started. We want you to be in the pole-position to catch those opportunities as they fall out of the sky.
Click on the link to receive your free copy of our guidelines that teach you what you need to know in order to be able to move forward safely and effectively in your property and renovating journey.