Buy A House And Renovate - How to Buy A Full Gut Renovation

We recently helped our clients Mark & Ashley get an amazing deal on this property. We want to show you this property so you know what it means to get involved in a significant reno. We normally wouldn’t recommend a full gut reno to first time buyers, in this case Ashley definitely had the vision and help from an experienced renovator, her dad! This is a full gut, down to the studs renovation. It is absolutely a great way to quickly build equity in a property as you develop it to add more value than your cost • It is not easy to do • You have to be careful that you are doing the right renovation in the right area o At the price we got this property for this is absolutely the right area o The only caveat/watch out point is that it is a row house and the cap is lower The renovations that Ashley is doing is right on the money. • She is building a home for her and Mark • And income potential to help pay for the cost of home ownership • And in the long run, refinance and buy the next one • And keep this one as it will have great income potential, appreciation and it will be low maintenance! If you are looking for a house, something that you can make exactly how you want it and potentially add value, please leave a comment or send us an email to paul@thinkto.ca Book a FREE No Obligation consultation so we can help you start to navigate the buying or investing process: https://calendly.com/thinkrealestate/investor And please follow me on social! https://www.instagram.com/paulhaley_thinkrealestate/ https://www.facebook.com/paulhaleythinkrealestate/ https://www.linkedin.com/in/paulhaley-realestate/