Do you want to make 9 percent returns on a property with minimal effort |
|
| Owner Builder - Owner Builder Resources |
|
According to Archicentre managing Director, Robert Caulfield, Archicentre has experienced an increase in the number of people seeking renovation advice as home owners shy away from selling and buying or ordering new homes. Renovation will be further fuelled by the historic low interest rates, making cheap money available to fund renovations and increase returns in the long term. For many cashed up baby boomers, the renovation of the family home is a way to substantially increase their wealth by investing in the family home, which becomes a tax free investment when it is eventually sold. In addition, with a quarter of Australia's population expected to be 65 or more by 2047, renovation will become an important national wealth creation strategy as a way to increase equity in the family home and boost retirement funding. Research shows that most people (90%) who undertake home renovations, do some of the work themselves and most (70%) do so to save money. Despite careful planning, four in ten renovators (43%) find their renovations end up being more expensive than they thought, while 49% find unexpected jobs occur throughout the process. In addition, the survey also found that around 58% of home renovators found the renovations stressful and almost 1/3 found the renovations to be a source of tension between themselves and people they live with. However, it need not be stressful when using the home building system, which saves you time, money and hassle by taking you through the whole process of project managing your home renovation from start to finish, so there are no unexpected surprises during your home renovation and if you do decide to use a builder, you could ultimately save up to 50% off the cost of major renovations. There are huge savings to be made. One of our clients used the owner builder system to renovate her home and then sold the family home 12 months later for a profit of $158,000 on top of the $58,000 savings she made just by using the home building system. Renovating your own home gives you the opportunity to save money, build your financial nest egg and achieve a finish that suits your lifestyle.For more information on how you can use the owner builder system to renovate your home and make yourself 9-10% returns on a property with minimal effort, speak to one of the mortgage brokers at Intellichoice on 1300 55 10 45. |
Speak to a mortgage broker today to find out how we can help you with all your home loans, invoice finance, bad credit home loans and owner builder finance needs. Our mortgage brokers have access to over 800 mortgage loan products and 35 mortgage lenders.
Many people have differing financial dreams and financial planning can assist you in meeting those goals. Our financial planners aim to help grow your wealth through real estate and other investments in a safe and cost-effective manner.
Ultimately, what every investor is seeking is a strong return on their investment and you can be assured that any property in Australia that we recommend, have been selected on the basis that they offer you the best possible returns for your dollar.