Recently we discussed the pros and cons of buying new and buying old. We tapped into how buying older properties that need refurbishment come with a lot more work and stress; they also can come with a lot more reward.
This episode we talk to an active investor who gives us the realities of refurbing older properties. We find out what it actually takes to find a property, have some work done and get it rented - and doing it remotely!
NEWS THIS WEEK
It looks like the increase in stamp duty isn’t bringing as much revenue as expected a report suggests. Could it be that raising taxes can deter buyers? This sounds like an opportunity to discuss the Laffer Curve Effect!
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