In this episode, we break down the key differences between: Renovate to Flip vs Renovate to Hold.
We dig into the unique considerations that each method demands:
- Buyer: whether you'll sell to an owner occupier or rent to a tenant.
- Building: The type of property you'll invest in.
- Bunnings (Building Materials): The choice of renovation materials based on look and how easy it is to replace.
- Budget: How much you should spend on a flip vs a hold.
We wrap up the episode with some real-life success stories about successful flip and hold renovations.
Main topics discussed:
- Renovation strategies
- Renovate to flip vs renovate to hold
- BRRRR strategy
- Renovating
- Flipping properties