November 2, 2016 by Dymphna 1 Comment

Creating The Best Uplift: Is Old Or New Better?

At some point in your property career you will have to ask yourself this question:

New Vs Old… which is better?

At some point everyone will encounter this.

Do I buy new or old…

If I buy new do I buy house and land or buy land
and build?

If I buy old, where is the best place to buy and
what is the best house to buy.

Today I discuss this question with one of my students and a very experienced
investor in her own right.

…and we try to get to the bottom of this pretty complex question.

In today’s podcast you’ll discover:

—> Why house and land can be easier, especially if you are new to property… BUT
what you must watch out for.
—> where most people come unstuck buying house and land and
—> the kind of investment strategy you’ll need to be using to make this kind of investment work for you.

You’ll also discover:

—> The pitfalls of building yourself (getting a builder) and what you need to be careful of to not get stung.
—> one of the biggest reasons why building in an established area can pay off big time if you choose the right area (probably not what you think)
—> The one thing you need to consider in your designs to get maximum returns upon sale or re-valuation.
—> The best new building materials to consider that will save you money… unless you are in this one state in Australia.
Then we talk about buying established property:

—> Where to start to get the biggest uplift.
—> The best bones: choosing one old property over another to get the best increase in value if you renovate… not all properties are made equal – even if they are neighbours.
—> Why building reports are essential but can often mislead you – what you need to know.
—> The tests you can to do to choose the right area and the right house.
—> The 3 things that make the biggest impact for the least cash input.

This is a big – action packed podcast today.

Make sure you listen.

If you want to make sure you never miss a podcast or miss out on all the great information and interviews Ive got lined up – you need to go to iTunes and subscribe.

That way it instantly appears on your phone and you get instant notice even before they hit iTunes on the web. That way you’ll stay ahead of the curve.

…and why not leave me a comment on iTunes telling me what you got from this podcast and what you want me to cover next time.

Just search my name on itunes and this podcast will show up ready for your comment.