She Renovates

199 - Ask Bernadette: Investment Property with 4 Bedrooms and 2 Bathrooms in Grovedale, VIC with Bernadette Janson

Informações:

Synopsis

In this episode, Bernadette walks listeners through the steps she would take to make decisions about how to maximize the performance and value of a four-bedroom, two-bathroom investment property in Grovedale, Victoria. Before diving into the property, Bernadette discusses an upcoming roadshow that will be touring Australia to help women make savvy property investment decisions. Bernadette then discusses the importance of research and determining whether a renovation should focus on increasing equity, cash flow, or both. Finally, she talks about the importance of desktop valuations and analyzing comparables to support property valuations. “If you are gonna make decisions that you'll spend money on, you need to dig down further and get more concrete numbers as to what you can expect.” -Bernadette Janson EPISODE HIGHLIGHTS: 00:00 Intro 01:15 The Ultimate Event for Smart Property Women 04:29 Considering Equity vs. Cash Flow 05:15 Desktop Valuation of the Property 07:30 - Assessment of Revenue throug