Professional property renovators work on the basis that they will get at least a 20% profit, meaning that property renovation can be a lucrative business. And, with the Spring market just 6 months away, now is an ideal time to buy a property in need of some TLC*.
However, says property expert Neil Lewis from the website, many novice property renovators end up making costly and time-consuming mistakes which can not only delay the project but can blow the budget.
For example,obstacles that amateur renovatorsface include:
spending money on the wrong improvement, overlooking problems that prevent the property selling quickly and easily,
overpaying workmen, losing good workmen due to underpaying,
choosing bad workmen who do a bad job and end up costing more money and running over on time.
Lewis explains: "Many people think property development is easy - just buy a run down property, do it up and sell it on for a profit! However, while professional property renovators make it look like a get-rich-quick-scheme, this really isn’t the case.
"They’ve had years’ of experience behind them, so they know any potential pitfalls, as well as tricks of the trade".
Until now, for most amateur property renovators, knowing how to avoid these pitfalls is a case of experience. However, www.renovation-secrets.co.uk have published a guide to successful property renovation, revealing the trade secrets and insider tricks of managing costs and the project so that any profit can be maximised from effective renovation.
From the ‘basic‘ issues (eg what to do about squeaky floorboards; how to negotiate over and above 40% discounts at trade merchants) up to free software that enables you to calculate the true cost of your project (over 260 likely expenses), the program is invaluable for anyone looking to renovate a property.
Suitable for Non-DIYers who want to take control and maximise the profit of their property renovation, and DIYers who want to go further, the book is available in both hard copy and electronically and comes complete with a 21-day money back guarantee.
And the three most common renovation nightmares?
Ripping up the old carpets before sanding the floor boards to discover that part of the floor has been replaced with MDF
pulling down the plaster and lath only to discover more problems underneath.
A simple electrical fix blows the whole circuit
For more information or to buy online, visit: www.renovation-secrets.co.uk
