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renovation tip, painting a house

Renovation tip: The most important part of painting a house

By Bianca Dabu

As part of a $20,000 renovation project, Smart Property Investment’s Phil Tarrant decided to do a full internal painting for his three-bedroom property in KingstonKingston, QLD Kingston, ACT Kingston, TAS. What’s the first and most important step he should take?

Based on the initial quote, Mr Tarrant will be spending more than $5,000 for the painting of his property — a good quote, according to Right Property Group’s Steve Waters.

Among the many variables to consider when calculating painting costs are the surface condition, materials to be used, the number of coatings you want as well as the colours needed.

The property professional said: “This is a four-hour subject, literally. When people ask how much is painting going to cost, there are so many variables to it — [are surfaces] straight? Whats the materials? How many coats? How many colours? Theres just so many variables to it.”

Mr Waters encouraged investors to be deliberate about the whole process of painting their property and choose a good painter. After all, unlike other renovation processes where you can settle for bargains, you usually get what you pay for in paint jobs.

According to him: “Ceilings are [a] different colour from the walls, the walls are a different colour from all your trims, such as your skirts and architraves.

“Dont get a renovator’s paint job where they just paint everything one colour because it looks like rubbish. Itll look good for about five minutes, but it will also look a little bit clinical as well.”

A good painter will know that, before anything else, the most important step to take is preparation.

Some painters will simply paint over your walls without doing surface preparation, and before you know it, the walls are back in their original situation and you will have to pay once again for yet another paint job.

The same goes for other simple renovation processes such as patching roof, according to Mr Tarrant, which is why it’s important to engage reliable professionals when renovating your property.

The avid investor said: “If you think the quote is too cheap, it probably is. It means youre probably going to get a crap job.

“The secret to painting in terms of getting a good job is preparation.

“The actual painting part of it — anyone can paint a wall… Its how you prepare it [that] is important.” 

 

Tune into Phil Tarrant’s portfolio update on The Smart Property Investment Show to know more about the thought process behind transforming his property.

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With the softening market impacting property values in many parts of Australia, Sally Dale, Opteon state director for NSW, ACT and Qld joins us to discuss the importance of valuations in the current property market

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Joining host Phil Tarrant, Sally will draw on her 25 years of experience in valuation and discuss the processes involved in arriving at a value for a particular property. She will also share how that process differs between commercial and residential properties and the difficulties which regional property valuations can present.

Sally will unpack the importance and cost of regular valuations on your properties, discuss whether presentation and owner input can sway a valuation and share what you should look for when seeking a reputable property valuer.

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: FacebookTwitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!

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Sydney
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A softening market can be a difficult time for a property investor with finance approval tightening and property capital growth slowing, and while many real estate agents are also feeling the squeeze McGrath Brighton Le Sands' Bill Tsounias claims it is simply the market returning to normal.

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In this episode of the Smart Property Investment Show, Bill joins host Phil Tarrant to share his thoughts on the current Sydney property market, and to share the shifts that he has seen in house and unit sale prices following their worst quarter in the past decade.

Bill will unpack why properties are spending longer on market, share what he believes property investors are doing wrong when trying to sell their properties and share the secrets to getting the best out of a real estate agent and an auction in the current softening market.

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: FacebookTwitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email e[email protected] for more insights!

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Gavin Kemp and his now-fiancé bought their first property together after only six months of dating. They weren’t even living together at the time. Now, two years on, the pair have bought five properties, sold two and have a solid plan in place for their ongoing property journey. 

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Gavin will share his thoughts on the current property market, reveal the people who he has leaned on throughout his property journey and discuss why his strategy employs a zero procrastination rule.

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: FacebookTwitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!

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A joint property portfolio before they were even living together

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