How To Renovate Property and Make a Profit Every Time
Everything You Need To Know to Do Your Own Profitable Projects
‘Buy One Get One Free’ Offer for Readers of LandlordZONE
I’ve literally lost count of how many properties I’ve renovated since I started back in 1995, certainly more than 100. Some I have sold-on at a profit, others I’ve kept to let out. If I’ve wanted to take “the profit” I’ve refinanced and have drawn out the extra equity I’ve created.
At the moment, as I write this, I have 3 projects on the go and am looking for my next one. These aren’t big developments, instead mainly they are normal residential houses, like terraced houses and semis, for which I know there is a ready market when I finish the project.
It’s bread and butter stuff; I buy the property and usually pop them back onto the market 4 or 5 months later and collect my profit. This is nice and easy, nothing complicated. Let’s be honest, most people think that renovating property is an easy way to make money…UNTIL THEY TRY IT!
But it’s not their fault. TV shows like ‘Property Ladder’ and, more recently, ‘Homes Under The Hammer’, have fuelled a massive interest in buying a wreck and doing it up.
Sadly, the reality is that by 6 months into their projects, many ‘would-be’ renovators have all but given up on their dream of making a profit and are desperately trying to limit their losses instead.
But it doesn’t have to be that way, if only they knew and acted upon a few simple things they could do before they started which would almost guarantee them profit and success every time.
If you want to renovate property, either to sell-on at a profit, or so you can add value and then refinance and borrow all of your money back out to spend on your next project, you might be interested to know that I have rewritten and updated my best selling ebook The Successful Property Renovator’s Workshop.
This is a ‘course in a book’, which will take you through the whole process in detail including how to do your sums to make sure you make a profit, how to raise finance for the purchase and the project, and how to refinance when you have completed.
The good news is that I’ve taken all my knowledge and experience, which I have gained over the years from doing countless renovation projects, and have put it all down on ‘paper’ in this ‘easy to read’ ebook.
In it I’ll show you how you can find, plan, prepare and do each project to ensure your own profitable success every time.
And none of this is just dry theory. This is all based upon my own, personal experience of refurbishing and renovating property, which is why I use case studies of actual properties I’ve refurbished, along with photographs, to illustrate many of the points made.
I’ll show you all the things I did right, so you can copy them, and all the things I did wrong, so you can avoid them. They say that ‘trial and error’ is one of the most effective ways of learning but I can save you the time, the grief and the cost of having to go through it all.
Hopefully I can save you months, even years, of trying to work it all out for yourself! BUT THAT’S NOT ALL! I have also rewritten and updated another best-seller of mine, 63 Common Defects In Investment Property and How to Spot Them.
This is really a case of ‘what it says on the tin’, a quick reference guide to typical defects in investment property and how you can spot them. This won’t make you into a surveyor but it’ll show you how to inspect property and how to spot the main defects you should be looking for.
I even outline the typical defects associated with the 8 most common forms of building construction you are likely to come across.
And I walk you through how to do a detailed inspection, and provide you with the check-lists and pro forma I use when I inspect a property.
All in all 63 Common Defects In Investment Property and How to Spot Them will help you make a more informed opinion about whether a property is worth buying, whether it’s a property you should be buying, and will help you decide whether it’s worth taking forward and so spend out on a full survey.
It’ll help you to save time by helping you decide whether a property fits with what you want to do; there’s no point pursuing properties that don’t fit with your renovation strategy.
And it’ll help you save money by helping you to establish whether you really need a survey – after all, there’s no point in instructing a survey on an unsuitable property, especially if you can work out that it’s unsuitable for yourself.
And, of course, by having a better idea of what’s required to improve and repair the property, it’ll help you make a far more accurate estimate of the costs involved BEFORE you start.
If you’re serious about renovating and refurbishing property these two ebooks together will give you a wealth of insider information at your fingertips.
So, as a thank you from me for readers of LandlordZONE, I’ve bundled them together for you in a special HALF PRICE offer. Individually these downloadable ebooks usually cost £29.97 each but, as a special half price offer for readers of LandlordZONE, they are available on this ‘hidden’ page on my website for a total investment of only £29.97 for the two together.
To order your copies please click the ‘Order Now’ button below. You’ll then be taken to a download page where you’ll find the links to download your copies.
Here’s to profitable property renovation.
Peter Jones B.Sc FRICS