We have just purchased our first real active investing property where we will be turning a 2 bedroom house into 3 and then subdividing the block at the rear.
Still not 100% on whether we will just sell the blocks after subdivision for a bit of quick cash to keep the ball rolling or build 3 units that will keep us tied up capital wise for a few years.
We have a pretty good team behind us and couldnt have done this without the nudge that Steve has given us, we're very excited to get started!
Does anyone have any dos and donts from their previous subdividing and reno experience? We would love to hear them
Hi Adam,
I don't have any experience in that, but thought I'd say great work! Good luck with the project and keep us posted how it goes.
Cheers