When you can and can't do DIY renos


Question: The reno bug has bitten and I want to improve the look of my investment property. Is it necessary to use a professional or could I just do it myself?

Answer: Unless you have the time and skills – get in the professionals.

Whenever I buy properties for myself and/or clients, I always buy bargains. By doing this it means I have extra money to spend on a quality renovation with licensed tradespersons. 

Let’s do a comparison: 

1. Budget renovation:

• Tenants don’t like them

• Agents find them hard to rent

• Valuers value down for budget renos

• Insurance companies may reject your claims

• Just not safe for the tenants

 2. Quality renovation:

• Tenants fight to rent your property

• Agents love the ease of renting them out

• Valuers value up for quality renos

• Insurance companies find it hard to reject claims

• The property is SAFE. From smoke alarms to safety switches 

As a seasoned property investor my preference will always be a quality renovation. In the past I’ve done the $1,000 renovation and ended up with a high maintenance investment with constant complaints from the tenant. 

Do yourself a favour. Use professional tradespersons, get a low maintenance investment and enjoy life.

Source: “Ask Paul”

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker

Top Suburbs : ropes crossing , alexandra hills , wentworthville , alexandria , berala

go back

Get help financing your investment

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here