renovator or ruinmaker?

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Renovator or Ruinmaker? www.renos.com.au | [email protected] | 1300 550 656

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Renovator or Ruinmaker?. www.renos.com.au | [email protected] | 1300 550 656. Renovator or Ruinmaker?. Structural Problems Invisible Money Suckers Problems into Profits. Structural Problems. Structural Problems. Watch your step!. Structural Problems. Watch out below!. - PowerPoint PPT Presentation

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Page 1: Renovator or Ruinmaker?

Renovator or Ruinmaker?

www.renos.com.au | [email protected] | 1300 550 656

Page 2: Renovator or Ruinmaker?

• Structural Problems• Invisible Money Suckers• Problems into Profits

Renovator or Ruinmaker?

Page 3: Renovator or Ruinmaker?

Structural Problems

Page 4: Renovator or Ruinmaker?

Watch your step!

Structural Problems

Page 5: Renovator or Ruinmaker?

Watch out below!

Structural Problems

Page 6: Renovator or Ruinmaker?

What a cracker

Structural Problems

Page 7: Renovator or Ruinmaker?

Stumped

Structural Problems

Page 8: Renovator or Ruinmaker?

Did the earth move for you too, darling?

Structural Problems

Page 9: Renovator or Ruinmaker?

Invisible Money Suckers

Page 10: Renovator or Ruinmaker?

Wrong materials

Invisible Money Suckers

Page 11: Renovator or Ruinmaker?

Combined drains

Invisible Money Suckers

Page 12: Renovator or Ruinmaker?

Lead paint

Invisible Money Suckers

Page 13: Renovator or Ruinmaker?

Termites / borers

Invisible Money Suckers

Page 14: Renovator or Ruinmaker?

Flight paths

Invisible Money Suckers

Page 15: Renovator or Ruinmaker?

Flooding

Invisible Money Suckers

Page 16: Renovator or Ruinmaker?

Foundation problems

Invisible Money Suckers

• Settling soil• Swelling soil• Unconsolidated fill

Page 17: Renovator or Ruinmaker?

Asbestos

Invisible Money Suckers

Page 18: Renovator or Ruinmaker?

Non-conforming use

Invisible Money Suckers

Page 19: Renovator or Ruinmaker?

Overland flow

Invisible Money Suckers

Page 20: Renovator or Ruinmaker?

Galvanised plumbing

Invisible Money Suckers

Page 21: Renovator or Ruinmaker?

Resumptions

Invisible Money Suckers

Page 22: Renovator or Ruinmaker?

Resumptions

Invisible Money Suckers

Page 23: Renovator or Ruinmaker?

Electrical wiring

Invisible Money Suckers

• Old houses often have small switchboards with little safety protection, deteriorated rubber coated wiring and few power and lighting points.

• Rewiring needs to be carried out by a licensed electrician who is required to provide certification of the electrical services on completion.

Page 24: Renovator or Ruinmaker?

Glazing under thickness

Invisible Money Suckers

Page 25: Renovator or Ruinmaker?

Problems into Profits

Page 26: Renovator or Ruinmaker?

Problem: Cracking in cladding brickReason: Failed Council storm/water drain under wallCost to repair: Zero BCC fixed it by diverting the line and filling the old drain with concreteCapital Growth: $750,000 capital gain since purchase

Problems into Profits Case Study 1

Page 27: Renovator or Ruinmaker?

Crooked House Before

Crooked House After

Problems into ProfitsCase Study 2

Page 28: Renovator or Ruinmaker?

So how do you fix a crooked house?

Problems into ProfitsCase Study 2

Page 29: Renovator or Ruinmaker?

Rod

Chain through the hole

Problems into ProfitsCase Study 2

Page 30: Renovator or Ruinmaker?

Rod

Chain through the hole

Problems into ProfitsCase Study 2

Page 31: Renovator or Ruinmaker?

Problems into ProfitsCase Study 2

Page 32: Renovator or Ruinmaker?

Creating LandBCC Application fee SUD $ 5320Subdivision $ 2390Town Planning SUD

$ 2750Town Planning Reconfiguration $ 1155Surveyors Fee $ 550Architect Drawings

$ 3850Advertising $ 539Arborist $ 440Total $16994

Approval process 16-24 Weeks

Problems into ProfitsCase Study 2

Page 33: Renovator or Ruinmaker?

Problems into ProfitsCase Study 2

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Problems into ProfitsCase Study 2

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Problems into ProfitsCase Study 3

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Problems into ProfitsCase Study 3

Page 37: Renovator or Ruinmaker?

Summary

• You often won’t get a return on repairing structural problems• Go with your head, not your heart• Research the land and the use, not just the dwelling• Employ the experts!• Start at the bottom and work up• Solving problems (cost effectively) can reap big returns

Page 38: Renovator or Ruinmaker?