Since I have never done a blog before this will be very interesting for me and I guess those who may stumble across it.
I am a property invester and specialise in Rent 2 Own (Lease options) stratagies to provide everyday people access to the very fruitful and fullfilling world of home ownership..... however this year I have decided to place a differnt spin on things and am teaming up with another team of investors to attempt to maximise property profits in 3 ways on one single propery.
1. Buy below value
2. Add Value
3. Profit or cashflow (sell or rent2own to tenant buyer)
We did number on in late December with a house in Tokoroa that we baught for $30,000 below registered valuation ($130K ... we paid $100K).
This house needed a cosmetic renovation to bring it up to a modern version of its design.
I will post an account of our progress to date in the next few post to get upto date and then will give a day by day journal entry on what is happening and our plans and goals with this house.
Take care out there!
Cheers
Shane
www.rent2ownnz.com
Tuesday, February 19, 2008
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