Use the appropriate ONLINE FORM to quickly email us your question. Click Here
When needing to understand and make the right ‘building’ decision are important for you.

Course Contents

You will learn the following 8 important steps:

Step 1 – How to determining a target area

  • how to select a 'region' based on your affordability.
  • selecting 3 or less target suburbs or townships.
  • how to identify suburbs or regions with renovation potential.
  • inner city suburbs and key purchase criteria.
  • metropolitan suburbs, key purchase criteria.
  • regional areas, key purchase criteria.
  • suburbs where renovations will not work.

Step 2 – Suburb due diligence

  • how to do due diligence on a suburb.
  • how to intimately get to know your suburb.
  • assessing the 'types' of housing in your chosen area.
  • understanding the suburb 'demographics'.
  • how to identify who are the buyers in your chosen suburb.
  • how to identify what the potential 'buyers' want.
  • creating 'a product' to fulfil 'the demands' of buyers.

Step 3 – Property due diligence

  • how to become an expert in property values.
  • how to establish a 'due diligence' system to help you decide.
  • how to do thorough research on a potential property.
  • understanding 'negative' and 'positive' Price Pockets.
  • street and locality considerations.

Step 4 – Analysing the potential

  • how to quickly assess if a property has Profit Potential.
  • 100+ ways to add Real Value to a property.
  • how to add the Wow Factor to your property.
  • identifying costs of the Project.
  • how to calculate how much profit is in the deal.
  • determining what cash you will need to see the project to completion.
  • how to do a detailed Financial Feasibility.

Step 5 – Acquiring the property

  • creative negotiation techniques.
  • how to get started with no money.
  • ways to find your deals.
  • dealing with Real Estate Agents.
  • how to get on the Real Estate Agents' Favourites List.
  • understanding Vendors and their needs.
  • negotiating on For Sale properties.
  • auctions, how to control them.
  • doing the Deal by creating a Win / Win for all.
  • how to structure and submit offers.
  • understanding Banks and how they work.
  • how to prepare your Finance Proposal.
  • getting Finance to fund your Projects.
  • how to use Valuers to your advantage.

 Step 6 – Creating a higher and better use

  • - how to select an Architect, Building Designer or Draughts Person.
  • - how to brief and work with your Design Team.
  • - the Architectural planning and design process.
  • - pre-development assessments.
  • - the types of development classifications.
  • - understanding LEP's / DCP's.
  • - how to prepare a Development Application.
  • - the Council approval process.
  • - the Construction Certificate Stage.
  • - consultants you will need.

Step 7 – The renovation process.

  • why you do not need construction experience.
  • which role will you play ? A DIY'er or the Project Manager?
  • how to professionally establish your site.
  • managing the time, cost and quality control factors.
  • OH & S responsibilities on site.
  • understanding trades people and their needs.
  • how to establish your team of tradesmen.
  • how to negotiate with Tradies.
  • how to Project Manage your Tradies.
  • working with builders.
  • how to select the right Builder.
  • how to get your Builder working to your timelines.
  • where to find your renovation goods and materials.
  • how to get your materials at the lowest price.
  • the order and sequence of construction.

Step 8 – Project completion.

  • how to create the right 'first impressions' with buyers.
  • understanding why time of year can affect your sale.
  • how to choose between an Auction or For Sale, which way to go?
  • 10 ways to increase your rental yields.
  • how to maximise your sale price or rental return.
  • selecting the right Agent for your property.
  • getting an Agent to work hard for you.
  • the marketing campaign.
  • how to make your property stand out.
  • how to professionally present your property.
  • exchanging Legal Contracts.
  • - process improvements and learnings.

Course Dates and Venues for 2014 are now available. Seats are limited. Submit the Expression of Interest form form to book yourself into the 3 Day Workshop on Renovating Homes for Profit.

  • footer red bcn logo Width = 208px Height = 94px
  • bcn years logo-2015
Copyright © 2024 Building Centre Network. All Rights Reserved.