How to successfully renovate your investment property

Sometimes a renovation feels a bit like Groundhog Day – the same stuff over and over again with very little change.

Don’t get me wrong, I get real satisfaction out of renovating, but for me it’s a process. I have a goal in mind and from experience I’m confident that I can achieve it.

By ‘Groundhog Day’ I’m referring to the way in which I get scale and efficiencies from the renovations I undertake

I use the same type and colour of paint each time; I also don’t deviate from the colour and type of carpet I lay.

In addition, I always purchase and install the same lighting, tapware and light switches in all the projects I undertake. I also try to use the same type and colour of tiles, whether in the bathroom or kitchen splashback.

Call it economies of scale, or just call it good common sense, but outside of the materials I use to renovate, I try to keep the same timelines and priorities – I know where to start a renovation, what mini-projects I need to undertake, and in what order to get the job done.

Sometimes a renovation feels a bit like Groundhog Day – the same stuff over and over again with very little change.

Don’t get me wrong, I get real satisfaction out of renovating, but for me it’s a process. I have a goal in mind and from experience I’m confident that I can achieve it.

By ‘Groundhog Day’ I’m referring to the way in which I get scale and efficiencies from the renovations I undertake

I use the same type and colour of paint each time; I also don’t deviate from the colour and type of carpet I lay.

In addition, I always purchase and install the same lighting, tapware and light switches in all the projects I undertake. I also try to use the same type and colour of tiles, whether in the bathroom or kitchen splashback.

Call it economies of scale, or just call it good common sense, but outside of the materials I use to renovate, I try to keep the same timelines and priorities – I know where to start a renovation, what mini-projects I need to undertake, and in what order to get the job done.