Top tactics for increasing equity
podcast

Top tactics for increasing equity

By Staff Reporter

Victor Kumar, director, Right Property Group

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One of the easiest ways to increase your equity in a property is to obviously undertake a cosmetic renovation. Now one of the rules of thumb that most people implement is that for every dollar that you spend on renovation you need to be making at least $3 in equity. Now often that does not work out because if you're focussing totally on properties with renovation potential the first step is to actually  buy it at the right price. So it spall starts with buying that property at the right price so that you can actually manufacture the equity.

 

Listen to other instalments of The Smart Property Investment Show:
Episode 112: How this ex-banker supercharged her portfolio with knowledge from the inside track
Episode 111: The tips this ex-camera man uses to snap up properties
Episode 110: Top 5 questions to ask your accountant
Episode 109: From selling 10-cent golf balls to a $1.8m portfolio
Episode 108: Dealing with scar tissue from bad investments
Episode 107: How property styling can boost your portfolio’s worth
Episode 106: How ice addicts potentially ruined an investment
Episode 105: New podcast: Investor reveals the opportunities for migrants in Australia
Episode 104: New podcast: Q&A session with Paul Glossop – more questions answered!
Episode 103: Special Episode: Phil and Munzurul talk steering the growth and development of portfolios by managing cash flow
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Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BERKELEY VALE 46.03%
2.
MANGERTON 44.65%
3.
MOAMA 43.59%
4.
NORTH NARRABEEN 42.08%
5.
WAUCHOPE 40.74%
Top tactics for increasing equity
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