My first five Renovations were all over Perth…
- I did one in Rockingham
- I did one in Mandurah
- I did one in Willagee
- I did one in Mullaloo
- I did one in Fremantle.
The problem with that strategy is that the specification needed to be different for all of them…
- Fremantle is more upmarket and required a high spec.
- Willagee and Mullaloo also required a better spec
- Rockingham and Mandurah required a lower spec.
When you’re not an Area Expert and you land a potential deal it’s back to the drawing board, what does the market want here?
However, when you are an Area Expert, you know what the market wants, you know who the buyer’s are and you know what product you need to deliver.
Once you’ve done a couple of renovations and you know what the market wants, you can create a cookie cutter renovation model.
- The same flooring
- The same wet area tiling
- The same lighting
- The same cabinetry
- The same tapware
- The same paint
You don’t need to reinvent the wheel every time…
This saves you time and enables you to spend more time looking for your next deal…
