Same House 3 Different Strategies - With Oliver Cheung, Rob Flux, and Oliver Jackson

Same House 3 Different Strategies There are several different strategies that can be executed on one investment property—which one is the best for you? In this insightful episode, we explore different investing strategies that can be implemented on one property with three industry experts: Oliver Cheung, Rob Flux, and Oliver Jackson. Oliver Cheung, Architect and Founder of Insighto Buyers Agency, delves into the art of property renovation, sharing his expertise on transforming homes to maximise value. He discusses the importance of due diligence, understanding market demand, and the critical role of comparable sales in ensuring profitable renovations. Rob Flux, Property Developer and Founder of Property Developer Network, takes a different approach, focusing on property development. He introduces his "rapid elimination method" for assessing potential sites and highlights the significance of zoning regulations and local infrastructure. Rob also addresses potential risks, such as flooding, that could impact development profitability. Oliver Jackson, Property Investor and Founder of Living Property, wraps up the discussion by examining broader market trends and their implications for investors. He encourages a strategic mindset and adaptability in navigating the ever-evolving property landscape. Click on this episode for expert insights and practical advice that will empower you to make informed decisions in your property investment journey! Get in touch with our amazing episode contributors & sponsors: Get in touch with Oliver Cheung and his team today! 👉👉👉 https://www.insighto.com.au/ Rob Flux: https://developernetwork.com.au/events Oliver Jackson: https://www.livingproperty.com.au/ Chat with Steve Ash today: https://www.propertystrats.com.au/ Investor Kit: https://www.investorkit.com.au/ Talk with Dawn Fouhy and her team today: https://www.futureproofpropertyadvisory.com.au CHAPTERS: 00:00 - Introduction 02:00 - Property Background 02:32 - Property Condition and Potential 03:04 - Kitchen and Bathroom Condition 03:24 - Air Conditioners and Termite Check 03:46 - Bathroom Renovation Needs 04:07 - Outdoor Space and Subdivision Potential 08:09 - Council Overlays and Due Diligence 10:08 - Comparable Sales and Market Demand 15:29 - Importance of Market Evidence 16:27 - Floor Plan Analysis and Potential 20:14 - Alternative Floor Plan Option 23:23 - Cost Analysis and Profit Margin 25:03 - Investment Horizon and Strategy 32:04 - Initial Site Assessment 33:08 - Google Maps and Street View Analysis 34:07 - Area Growth Potential 35:10 - Regional Plan and Infrastructure 38:32 - Ancestry and Design Considerations 39:09 - Household Income and Borrowing Capacity 41:13 - Travel Methods and Housing Types 42:05 - Comparable Sales Analysis 49:55 - Exploring Development Options 51:02 - Initial Feasibility Assessment & Profit Expectations 53:03 - Land Banking vs. Development Strategy 58:00 - Quick Turnaround Cosmetic Renovation Approach 59:03 - Budget-Friendly Interior Renovation Plan 59:27 - Simple Kitchen Refresh Techniques 1:09:41 - Final Numbers and Profit Overview 1:10:24 - Potential Profit After Renovation 🍕🏠 We want to hear your investor story! So if you've experienced something that you know other investors can learn a thing or two from, click the link below and let us know. 🍕🏠 👉 https://pizzaandproperty.com.au/investor-story 👈 If you'd like to be flown into the Pizza & Property Studio, put up for a night's accommodation, have dinner with Todd Sloan, and have a team of carefully chosen property investing experts help you get unstuck, click the link below and tell us why you're stuck, and you could be our next UN-Stuck Yourself winner! 👉 https://pizzaandproperty.com.au/unstuck-yourself 👈 Want more help understanding how to buy property faster and for less? Get your copy of Todd Sloan’s book today: Booktopia: https://www.booktopia.com.au/australia-s-home-buying-guide-todd-sloan/book/9780648980490.html?source=pla&zsrc=go-nz-allstock&gclid=Cj0KCQjwnJaKBhDgARIsAHmvz6f55Kw-l0pKCn0DMNj0TND2qN863sQQR56p98sXAjOUgBQSpwDDQ0waAtLsEALw_wcB Dymocks: https://www.dymocks.com.au/book/australias-home-buying-guide-by-todd-sloan-9780648980490?gclid=Cj0KCQjwnJaKBhDgARIsAHmvz6etuq25nQ2CSirN8z-UHAIshbp5MxeuD7ECMvs5Oghg2Pab34Fyl0QaAuQhEALw_wcB YouTube Pizza & Property: https://www.youtube.com/channel/UCgXX6ibW7WEFbWkf-jslDvQ?view_as=subscriber Facebook Pizza & Property: https://www.facebook.com/Pizza-and-Property-2111096335696398/?modal=admin_todo_tour ASK YOUR LISTENER QUESTION BY VISITING THE WEBSITE BELOW Website: https://www.pizzaandproperty.com/ Disclaimer: All discussions are general in nature and should never be considered financial advice, please seek your own professional financial advice. The content displayed on the website, podcast, and blog is the intellectual property of Pizza and Property. You may not reuse, republish, or reprint such content without our written consent.