A Subdivider’s View Of Renovation
Most people know me as a subdivider through and through. Subdividing property is what got me out of the rat-race and has sustained my dream lifestyle ever since.
So naturally, people are surprised when they see me get excited about reno.
True, finding a renovation-only project that stacks up and is truly worth your time is very rare – unless you’re a builder by trade.
But as a subdivider, you need to remember one eternal truth:
Your Newly Proposed Lot Can Only Be As Valuable As The Surrounding Properties!
In other words… when you add reno as a strategy to a subdivision project – your ROI on your renovations DOUBLES – because the value is added to the vacant lot too!
And ￼that’s the kind of math I love!
OK, so now that you’re convinced you should be considering renovation as part of your next project, here comes the warning…
Don’t Lift A Hammer Before You Read This!
Just like I’ve recently done for you with Subdivision, Joint Ventures and Property Development – I went through my DIY Renovation Kit and picked out the most important things you need to know about before you start a renovation.
And here it is: