When developing for profit, it's fair to say that the end game for a build or renovation is indeed the profit you can make from it at the end. The reality is we're not just doing it for fun (although we think there's a LOT of fun to be had along the way)! It's hard work, takes a lot of time and planning and with the right research from the outset, hopefully a rewarding outcome when it's all done and dusted!
WELCOME TO SEASON 3 | EPISODE 41
NO I DON'T WANT TO MAKE A PROFIT FROM MY RENO...
SAID NO ONE EVER!!!!!!!
DEVELOPING FOR PROFIT
Renovating and developing for profit sounds like the dream, right?
It’s easy to get caught up in the romanticism of it all but even the most incredible vision needs a well thought out strategy and a good amount of flexibility to see it through to the end.
Today we’re talking about the most exciting and fun part of your renovation - profit!
in this podcast we are talking about making a profit from your reno
Kribashini put together a killer list of the top 10 tips for making a profit and in this episode, she spills the beans. We talk about why you need to get your hands on our super trusty feasibility template, practicing the fine art of planning and creating a supportive and experienced team to work with on your build.
We also talk about the benefits of getting good advice early on, strategizing with your pre-purchasing team and having a plan B for every phase of the project. If you don’t know this stuff - you have to learn it! Advice is key here and you need to be learning from people that have done it before many times.
There will be a right fit for your project, but it may not be the first strategy that comes to your mind. Be open to different suggestions and learn to roll with it. That’s the fun of building!
If you’d like to chat about your specific project, book in a consultation with us here. We would absolutely love to hear from you.
LET US KNOW WHAT YOU THINK & WHAT ELSE YOU'D LIKE TO LISTEN TO!
Let us know what you think about this one, won't you? If you'd like to leave us a little review, that would really help us out too... it's so easy to do in the App where you get your podcasts. Thanks in advance! xx
If you have a topic or question you’d like us to cover, contact us here.
THIS EPISODE ALSO AVAILABLE TO WATCH ON OUR YOUTUBE CHANNEL!
Whether your into listening or watching, we've got you covered!
LINKS MENTIONED IN THIS EPISODE:
Buy our Feasibility Template for only $7
Buy our new book BuildHer here
BuildHer Collective on Instagram