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July 19, 2011

Essential items for your car and on site – part two


A lot of my clients ask me what kind of things are really important to have in your car and available on a building site when getting started with doing renovations. About a month ago I put together the first part of a list for you to consider and now I bring you the second part.

Ana StankovicBY ANA STANKOVIC

It’s by no means an exclusive list of what you should have available and this list is likely to grow with the more renovations that you do, but it’s a good place to start and at the beginning of each renovation you should try and have as many of these things available.

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June 20, 2011

Essential items for your car and on site – part 1



I’m often asked what kind of things are really important to have in your car and available on a building site when getting started with doing renovations. So I’ve put together this list for you to consider.

Ana StankovicBY ANA STANKOVIC

It’s by no means an exclusive list of what you should have available and this list is likely to grow with the more renovations you do, but it’s a good place to start and at the beginning of each renovation you should try and have as many of these things available as possible.

Read more →

May 24, 2011

How to determine paint requirements


There are many things to consider when it comes to buying paint. You might think it’s simply a question of what colour, but you’d be wrong. Don’t fall at the first hurdle however and decide to hire a painter after realising just what you’ve let yourself in for.

Ana StankovicBY ANA STANKOVIC

Do-it-yourself can be therapeutic – especially painting – and you’ll save yourself the cost of a tradesman, so have some faith in your abilities and spend the weekend doing some painting.

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January 10, 2011

Renovators learning from ancient civilisations


An interesting aspect of travelling overseas is that you get to see various renovation techniques utilised by different cultures and their ancestors.

Ana StankovicBY ANA STANKOVIC

I recently returned from five weeks away on my honeymoon in the United States of America, Mexico and Cuba. To say that it was the most amazing holiday would be an understatement.

But as well as enjoying our travels and our new beginning as husband and wife we took note of the various construction methods and renovation techniques utilised in those countries and by their ancestors.

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November 25, 2010

Organising a renovation is like organising a wedding


It’s uncanny how many parallels there are between organising a renovation and organising a wedding.

Having run a renovation company for quite a few years now and recently being involved in organising my own wedding, it’s been interesting to see how many skills and templates I could leverage off from one for the other.

It all seems to centre around planning, finding good quality service providers and suppliers and scheduling.

Ana StankovicBY ANA STANKOVIC

So the first place to start is to work out the requirements. What are you trying to achieve? What are the priorities? Look and feel? Doing research here into what others have done previously and learning from their mistakes and knowledge will make this process go a lot smoother.

Then you really need to identify all the different things that need to happen. Do a task breakdown structure just like with a renovation and work out what order they need to happen in. Read more →

September 23, 2010

Getting and keeping good tradies


One thing I hear about time and time again in my line of work is just how hard people find it to source someone good to do the work on their property renovation.

Ana StankovicBY ANA STANKOVIC

So the first question is, what constitutes “good’’ in the construction

industry? For most of us, it’s:

- Being on time and phoning when you say you will.

- Meeting all building, health and safety regulations.

- Being prepared to stand by the quality of your work.

- Cleaning up after yourself. Read more →

August 12, 2010

A renovation value proposition car parking


I always find it interesting when I speak to property owners that the one thing they often don’t consider with renovations is car parking. This can have a significant impact when wanting to sell or rent a property.

Ana StankovicBy ANA STANKOVIC

The days of only looking for a property through the paper have changed, with the majority of people these days starting their search online and loving the flexibility of being able to set up alerts and notifications so they get told when a property that meets their search criteria becomes available in the marketplace.

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July 26, 2010

Finding profitable renovation projects


There’s one question in particular that’s commonly asked by investors who are trying to learn more about making money from adding value to property, and that is: “What suburbs do you recommend for finding profitable deals to renovate/resell?”

Ana StankovicBy ANA STANKOVIC

The answer to this is simple. While the old mantra of ‘location, location, location’ is right on the money when looking to purchase/renovate and hold a property, it doesn’t hold true when looking at turning over properties.

If you’re looking to make money from renovating and selling a number of properties, your focus will be on adding the most amount of value in the least amount of time possible.

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June 8, 2010

First impressions count


There’s no denying that when it comes to property investing and making money from renovating, first impressions count.

Changing the first impression of a property is the second highest returning “add value” technique. Here’s why…

Ana StankovicBY ANA STANKOVIC

In this day and age most potential buyers start their search for properties online. They look up the locations they’re interested in, enter their budgetary constraints and select certain property profile details that they require.

Only once they’ve got the search results of this initial selection do they start prioritising which of these properties interest them. Out of the ones that look interesting to them, they’ll go and drive by a number of them and have a look at them from the outside before narrowing it down even further to a select few that they’ll actually inspect.

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May 21, 2010

Re-stumping a house – the right way!


Re-stumping is one of those aspects of renovating that’s a bit of an unknown to a lot of people, and as such can be a bit scary. I’d like to give you a few pointers.

Ana StankovicBY ANA STANKOVIC

When it comes to re-stumping I’d first like you to consider that an average home is likely to have around 90 to 100 stumps. This is something you might be able to just go and check for yourself. On average it costs around $70 to $80 per stump (material and labour) to get a house re-stumped so keep that in mind when getting quotes. You can pretty easily work out roughly what your job might cost by multiplying the number of stumps with a cost per stump. This figure will and should include the cost of getting a permit.

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