Turn a profit on an apartment
Do you have your sights set on renovating an apartment? Buying a dated apartment and giving it a fresh look is a smart way to gain an affordable entry point into the property market. It’s a strategy used by home renovators to make some fast money and by investors to increase the value of their portfolio.
Renovating an apartment, compared to renovating a house, comes with a different set of challenges and opportunities. So, before you dip your toe in the water, you need to be aware of what’s involved.
Research
Identifying which type of properties have the strongest demand in a given suburb before buying and embarking on a renovation project is crucial. An oversupply of
