Ep 387: Should you be an active property investor if your budget is under $1m
Read Full Blog HereIn this episode, Stuart makes the case for becoming a value-add property investor when budgets are tight. Rather than stretching for a bigger dwelling in a weaker location, he argues for prioritising high land value in an A-grade area and accepting a tired home you can improve. He outlines the highest-ROI upgrades (kitchens, bathrooms, paint, flooring, efficient heating/cooling; and, where sensible, adding a third bedroom), how these boost rent and reduce vacancy, and the smart way to fund works by borrowing the renovation cost and park cash in an offset to preserve…
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