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The Renovation Team: Renovation during COVID-19

Some would say that with the challenges we face, comes creativity, and unknown situations can bring blessings. This is the story of The Renovation Team under Lockdown. In the past couple of months, we have faced the COVID-19 Pandemic which had a huge impact on the Real Estate arena. This includes home renovations, home sales, home purchases, residential and commercial development projects....
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Ryan Smuts: What I would do with $20K

What’s the best return for your $20k? If you have an existing property portfolio I suggest some simple cosmetic work to increase the value of your properties. $20K doesn’t seem like much but it can go a long way if you are prepared to chip in some elbow-grease. Added bonus? If you go about it cleverly, you could achieve a good return in a multitude of ways: ...
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{{name}} - APIA Auckland Property Investors

Toby Yorke: How I would renovate with a $20K budget

In this day and age, a $20,000 renovation budget won't get you terribly far. So where should you put your hard-earned dollar? The Goal I’m a big believer in the “goal drives the strategy” approach. What’s your goal? Is it to increase cash flow, increase equity, sell or is it simply maintenance? Once you are clear about your desired outcome, then chat with the respecti...
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{{name}} - APIA Auckland Property Investors

James Goren: What would I do if I have $20K to spend on my first renovation?

With a $20K budget, I would recommend cosmetic renovation with a particular focus on the most visible objects. Starting from the cheapest and easiest: 1. Upgrade all the “you touch” items. Old and worn-out items like door and kitchen handles do not look good and are not pleasant to touch. Budget for $200 - $1,000 2. Replace old window dressings with new curtains or roller blinds. Go for ...
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{{name}} - APIA Auckland Property Investors

Asbestos - the invisible threat to your property

Asbestos-related illness is the number one cause of death in New Zealand workplaces. For that reason alone, the government will require, from April 2018, for all properties undergoing major renovation to be checked for asbestos. This will have significant impact on property investors who are likely to become PCBUs during renovation projects. Related article: Health & safety...
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{{name}} - APIA Auckland Property Investors

What The Block doesn’t tell you about renovating - Part 2

Renovation shows. Who doesn't love them? Arm a bunch of DIY enthusiasts with the latest power tools and design aesthetics, throw in some well-timed on-camera meltdowns and we have ourselves a winning formula for happily-ever-after - home edition. Entertaining as they are, these shows do have the tendency to hoodwink would-be renovators into underestimating the seriousness of a home...
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{{name}} - APIA Auckland Property Investors

What The Block doesn’t tell you about renovating - Part 1

DIY, it is in our DNA. Trust Mitre10 to encapsulate the Kiwi spirit in six short words. True, we love a bit of DIY. Home improvement is invariably a national pastime which makes shows like The Block so popular. The appeal is simple, a couple of camera-ready youngsters chanced upon a pile of bricks, et violà! Ten episodes later, we have ourselves a Disney castle. Who doesn’t love...
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