Practical how-to guide by Jane Slack-Smith on 'strategic renovation' for property investors (targeting 'Mum and Dad' investors). Presents a low-risk system (The Trid3nt Strategy®: select area, buy below market, add value via renovation), room-by-room renovation advice (painting, floors, kitchens, bathrooms, bedrooms, living areas, curb appeal) and multiple Australian case studies with concrete financial outcomes and rental uplifts. Emphasizes renovating to suit the target buyer/renter, focusing on high-return, low-cost improvements and risk management drawn from the author’s personal investing experience.
Questions this document answers
Jane Slack-Smith
Pre-reno $820,000; post-reno $920,000; renovation spent $33,000
Purchase price $425,000; initial savings $45,000 (paid $25,000 stamp duty); 5% deposit remaining; took a $50,000 personal loan for renovation; nine months later valued $700,000 (increase $275,000) after $50,000 renovation
Between $50,000 and $200,000 (or more) with 2–4 properties over 15 years
1) Select area with above-average capital growth; 2) Buy below market value; 3) Add value through strategic renovation