{"id":7079,"date":"2016-02-24T01:00:56","date_gmt":"2016-02-23T14:00:56","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=7079"},"modified":"2016-02-24T01:00:56","modified_gmt":"2016-02-23T14:00:56","slug":"why-investors-turn-to-renovation-jane-slack-smith","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/","title":{"rendered":"Why investors turn to renovation? &#8211; Jane Slack-Smith"},"content":{"rendered":"<p>&nbsp;<br \/>\nWith more investors turning to renovation of some of their existing portfolio as a way to grow their portfolio because of recent lending restrictions. In today&#8217;s show we catch up with <strong>Jane Slack-Smith<\/strong> to get some tips.<br \/>\n&nbsp;<\/p>\n<h4><strong>Transcript:<\/strong><\/h4>\n<p><b>Kevin:<\/b>\u00a0 Already we\u2019re hearing more and more investors are starting to turn to renovation in today\u2019s market. Why is that? What\u2019s happening? It\u2019s interesting to note that Jane Slack-Smith is running a special webinar, which I want to tell you about, that deals with this and tells you how you can tap in out of that market, as well.<br \/>\nJane joins me. Hi Jane.<br \/>\n<b>Jane:<\/b>\u00a0 Hi Kevin.<br \/>\n<b>Kevin:<\/b>\u00a0 Good. We\u2019ll talk about the webinar coming up in a moment, but firstly, investors turning to renovation: has there been a change in the market, Jane?<br \/>\n<b>Jane:<\/b>\u00a0 Yes. Look, there has been a change in the market, and I think investors are being really protective of the dollars that they have to spend, and they want to be able to grow their portfolio faster, even though we have seen the fact that some of the lending criteria have made that a little bit more difficult.<br \/>\n<b>Kevin:<\/b>\u00a0 Do you see that trend continuing, Jane? Is it going to become more difficult for people to get into property?<br \/>\n<b>Jane:<\/b>\u00a0 I think people who want to get into property are going to be more focused and they\u2019re going to have to really look to where they\u2019re going to invest and spend every dollar wisely. That\u2019s the real change that we\u2019re seeing and why I think renovation is an increasing trend in the market today.<br \/>\n<b>Kevin:<\/b>\u00a0 One of the things you have to be careful of when you do go into renovation is to make sure that you don\u2019t pay too much or that you actually get the right property if, in fact, you\u2019re going to buy a property to renovate and then turn it over, Jane.<br \/>\n<b>Jane:<\/b>\u00a0 Absolutely. Renovation is such a wonderful strategy because it allows you to access equity sooner to get back into the market if you need to or can. It allows you to not have to wait on the market and that capital growth that could take five to ten years to create equity for you and it improves your cash flow because it pushes the rent up. There are some wonderful opportunities around renovation, but as you said, you can get it really wrong.<br \/>\n<b>Kevin:<\/b>\u00a0 You can, and one of the ways you can get it wrong is, obviously, paying too much at the outset, which means you\u2019re probably going to have to hold on to the property longer to let it catch up. Also, the possibility of over-capitalizing, Jane.<br \/>\n<b>Jane:<\/b>\u00a0 Absolutely. Over-capitalizing on a renovation is one of the greatest risks, but I see one risk that\u2019s a whole lot worse than that and I see people do it time and time again, and that is buying in the wrong location to start with.<br \/>\n<b>Kevin:<\/b>\u00a0 How do you go about assessing what is the right location?<br \/>\n<b>Jane:<\/b>\u00a0 I think we have to be more astute than ever, and that means that we have to do more research and we have to be really savvy about where we are investing because not all locations are fit for a renovation.<br \/>\nIt\u2019s about looking at things like the disparity between renovated and unrenovated properties within a location, but more so if you\u2019re investing for the long term, it\u2019s about looking at what the capital growth criteria is for that suburb, as well.<br \/>\nGetting the suburb right to start with before you even think about evaluating a property is one of the key things that I really spend a lot of time on.<br \/>\n<b>Kevin:<\/b>\u00a0 One of the key things is that evaluation process, which for a lot of people, is very difficult, but you, I understand, will be making that easier. That\u2019s what the webinar is all about?<br \/>\n<b>Jane:<\/b>\u00a0 Absolutely. In actual fact, what I have is if people are putting out properties right on the market at the moment, I\u2019m going to take them live and using just five free websites, go through these properties, assess the location for investment potential and then have a look at the properties as well. It\u2019s going to be really interactive.<br \/>\n<b>Kevin:<\/b>\u00a0 So we\u2019ll actually see that in the webinar?<br \/>\n<b>Jane:<\/b>\u00a0 Absolutely.<br \/>\n<b>Kevin:<\/b>\u00a0 Okay. That webinar, by the way\u2026 Tell me, I think it\u2019s out on the 24<sup>th<\/sup> of February? Just a few days away.<br \/>\n<b>Jane:<\/b>\u00a0 Yes, 8:00 p.m. Eastern Standard Time. The 24<sup>th<\/sup> of February. You have a link that people can go and access that. But if they register for it, they can jump on and see me evaluate those properties live.<br \/>\n<b>Kevin:<\/b>\u00a0 I was particularly excited about this, and that\u2019s why I asked Jane if we could put a reference to that on our website. So go to RealEstateTalk.com.au, have a look for the button there and you\u2019ll see it. It\u2019s on the 24<sup>th<\/sup>, it\u2019s on this week, so don\u2019t miss it. You only have a few days to get in there, but the time, again, Jane?<br \/>\n<b>Jane:<\/b>\u00a0 It\u2019s 8:00 p.m. Eastern Standard Time, daylight savings time.<br \/>\n<b>Kevin:<\/b>\u00a0 Not real time, that\u2019s plastic time. The 24<sup>th<\/sup> of February, that\u2019s this week. Get online, 8:00 p.m., and you can get the link and see all the details at our website RealEstateTalk.com.au. That information will be there for you.<br \/>\nJane, I want to get you back in a few weeks\u2019 time, too. I\u2019m fascinated by this creating value through renovation, which is a real big trend, and I know that\u2019s what you focus very much on in this webinar, as well. We\u2019ll look forward to having you back on the show a little bit later.<br \/>\n<b>Jane:<\/b>\u00a0 I look forward to it. Thank you, Kevin.<br \/>\n<b>Kevin:<\/b>\u00a0 Just a reminder for you, once again, go to the web site RealEstateTalk.com.au, click on the link there you\u2019ll see for that webinar that\u2019s coming up this week on the 24<sup>th<\/sup>, 8:00 p.m. Jane Slack-Smith is the host and you can get all that information if you\u2019re looking at doing some renovation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; With more investors turning to renovation of some of their existing portfolio as a way to grow their portfolio because of recent lending restrictions. In today&#8217;s show we catch up with Jane Slack-Smith to get some tips. &nbsp; Transcript: Kevin:\u00a0 Already we\u2019re hearing more&#8230;<\/p>\n","protected":false},"author":176692471,"featured_media":7083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,11,13,17,21,25],"tags":[101,117],"class_list":["post-7079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-investment","category-renovation-topic","category-sponsored-channels","tag-podcast","tag-renovation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why investors turn to renovation? - Jane Slack-Smith - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why investors turn to renovation? - Jane Slack-Smith - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"&nbsp; With more investors turning to renovation of some of their existing portfolio as a way to grow their portfolio because of recent lending restrictions. In today&#8217;s show we catch up with Jane Slack-Smith to get some tips. &nbsp; Transcript: Kevin:\u00a0 Already we\u2019re hearing more...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-23T14:00:56+00:00\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"Why investors turn to renovation? &#8211; Jane Slack-Smith\",\"datePublished\":\"2016-02-23T14:00:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/\"},\"wordCount\":1073,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"podcast\",\"renovation\"],\"articleSection\":[\"Kevin Turner\",\"Kevin's Update\",\"Latest Stories\",\"Property Investment Topics\",\"Renovation\",\"Sponsored Channels\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/\",\"name\":\"Why investors turn to renovation? - Jane Slack-Smith - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2016-02-23T14:00:56+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/why-investors-turn-to-renovation-jane-slack-smith\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why investors turn to renovation? &#8211; Jane Slack-Smith\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. Anywhere, Anytime.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\",\"name\":\"rolanrush\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"caption\":\"rolanrush\"},\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/author\\\/rolanrush\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why investors turn to renovation? - Jane Slack-Smith - Realty Talk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/","og_locale":"en_US","og_type":"article","og_title":"Why investors turn to renovation? - Jane Slack-Smith - Realty Talk","og_description":"&nbsp; With more investors turning to renovation of some of their existing portfolio as a way to grow their portfolio because of recent lending restrictions. In today&#8217;s show we catch up with Jane Slack-Smith to get some tips. &nbsp; Transcript: Kevin:\u00a0 Already we\u2019re hearing more...","og_url":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/","og_site_name":"Realty Talk","article_published_time":"2016-02-23T14:00:56+00:00","author":"rolanrush","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rolanrush","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/#article","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/"},"author":{"name":"rolanrush","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"headline":"Why investors turn to renovation? &#8211; Jane Slack-Smith","datePublished":"2016-02-23T14:00:56+00:00","mainEntityOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/"},"wordCount":1073,"commentCount":0,"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/#primaryimage"},"thumbnailUrl":"","keywords":["podcast","renovation"],"articleSection":["Kevin Turner","Kevin's Update","Latest Stories","Property Investment Topics","Renovation","Sponsored Channels"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/","url":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/","name":"Why investors turn to renovation? - Jane Slack-Smith - Realty Talk","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/#primaryimage"},"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/#primaryimage"},"thumbnailUrl":"","datePublished":"2016-02-23T14:00:56+00:00","author":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"breadcrumb":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/channels.realty.com.au\/realtytalk\/why-investors-turn-to-renovation-jane-slack-smith\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/channels.realty.com.au\/realtytalk\/"},{"@type":"ListItem","position":2,"name":"Why investors turn to renovation? &#8211; Jane Slack-Smith"}]},{"@type":"WebSite","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website","url":"https:\/\/channels.realty.com.au\/realtytalk\/","name":"Realty Talk","description":"Your Trusted Voice For Property Investing. Anywhere, Anytime.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/channels.realty.com.au\/realtytalk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d","name":"rolanrush","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","caption":"rolanrush"},"url":"https:\/\/channels.realty.com.au\/realtytalk\/author\/rolanrush\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/7079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/users\/176692471"}],"replies":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/comments?post=7079"}],"version-history":[{"count":0,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/7079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/media?parent=7079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/categories?post=7079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/tags?post=7079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}