Kelly & Jasmin’s Upper Ferntree Gully Deal

Our Top 3 Learnings:

  • Make sure that you allocate time to keep working on finding your next deal.
  • Work on building a really strong team around you that you can take to each reno in the future.
  • Commit to being tenacious! It is the commitment that will keep you going when things don’t go to plan.

Before

After

 

Money calculation

Purchase price $585,000
Buying costs $30,900
Reno Cost $47,820
Holding Costs $14,200
Selling Costs $20,680
Resale Price $725,000
Profit $26,400

Property Developer's Guide to Success

Property Secrets of the 2%

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    Michelle Kennedy,

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Property Developer's Guide to Success