19 Feb Property Turnover

Property Turnover

This strategy might seem self explanatory, however, I have seen a client implement this strategy in a planned logical manner and achieve enormous results.

What I mean by property turnover is a systematic approach to buying properties with the objective of improving their value and selling a proportion of them so that some can be kept for the long term.

Usually those who implement this strategy also use the profits from sales to cover living expenses as they are normally full time renovators, (or buyers of immediate growth properties).

As a general rule, most full time renovators or buyers of this style of property, who are using the turnover strategy to provide income to live on as well as wealth accumulation, will end up keeping about one in four.

We always recommend that you seek professional advice as this blog is for general information only