As we discussed in a previous post [What You Should Know About Buying a Knockdown Rebuild], sometimes finding the best home in the best area is not always feasible, whether it’s due to your budget or just a lack of suitable homes that are on the market.
In this case, you may look for an older home that you can renovate to better suit your needs later. If you decide to go down that route, however, there are things to keep in mind.
Continue reading “Three Things to Consider Before Renovating Your Home or Investment Property”
It’s not always easy to find the best house in the best location, which is why it’s always wiser to look for the worst house in the best location.
Buying a knockdown rebuild (known as a KDR), essentially means buying a property with the explicit intention to knock it down and build a new dwelling on the land.
Sounds simple enough, but there are still many things to consider before purchasing a home simple to demolish it. Continue reading “What You Should Know About Buying a Knockdown Rebuild for Property Investment”