Renovation expert, Justine Bennett tells us how you go about renovating a strata property.
So where do you start, do you need council or strata approval & what are the restrictions? We discuss logistics like getting materials in & out, restricted working hours & dealing with tenants & neighbours.
Plus, we uncover a whole bunch of pitfalls including:
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Knowing that buying a renovated apartment comes risks.
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What reno is a value add & what is overcapitalising?
- Unexpected ways to unlock untapped potential.
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Why the location of plumbing matters big time.
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Concrete cancer & water issues that wreak havoc in apartments.
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How to buy ownership of common space to increase your property value.
If you are thinking of buying a property & having a go at a renovation you must listen to this episode first.
Read the transcript:
www.theelephantintheroom.com.au/podcasts/082
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The Elephant In The Room Property Podcast | Inside Australian Real Estate