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Brett Alegre-Wood's Property Blog Archive: Renovation and DIY

07, 2009 November:

Adventures in property refurbishment

Many of you may not know but I didn't start in new build properties. I started buying second hand properties and doing them up before selling or remortgaging them. At the time it was the best thing for me, I had heaps of time and little capital. I was willing to pick up a paint brush, dig a hole, punch through a wall and build a fence. For the most part it was a great strategy at the time, but one that I would only go back to again if I had to. You see, after my first few properties I began turning into a smarter investor – the kind of investor who's time is more important. I had enough money to pay other people to do things for me and most of all I had a life outside of my renovations.