Stop Dreaming and Start Renovating for Profit

Turn your passion for renovating and home design into profit

Do you love the idea of renovating and flipping houses, but you’re scared to take the plunge? Stop Dreaming and Start Renovating for Profit is an inspiring, practical how-to guide for creating financial independence by renovating and reselling residential properties. Registered builder and successful developer Rebeka Morgan has helped thousands of women buy, renovate and sell properties for profit. In this book, she shares her tried-and-tested advice for harnessing your unique strengths to strategically improve a property’s value — and build your wealth quickly.

You’ll grow your skills as a planner, decision maker and developer, learning how to be creative and find the gains that add up to thousands of dollars in profit. And you’ll discover how renovating can be a flexible, profitable business that fits into your busy life. Whether you’re caring for your family, rethinking your career or simply looking to boost your income, this book will empower you to take action and grow your earnings.

Inside, you’ll find:

• Practical tools and case studies to help you see the big picture, find your vision and seize the courage to get started
• Strategies for analysing feasibility and designing profitable projects
• Hands-on, step-by-step guidance for managing the design and build process
• Advice that will help you avoid time-consuming and costly mistakes
• Tips for marketing and selling your property once the renovations are done

Renovating property is not a guaranteed shortcut to quick profits. Getting a return on your investment is about seeing a home’s potential and then taking smart steps to realise that potential. Whether you’re just getting started or you’re looking to build a business flipping homes, Stop Dreaming and Start Renovating for Profit is a can’t-miss resource.

About the author vii

Introduction ix

1 Building courage: it’s all about mindset 1

2 The feasibility: your key to success 27

3 Your vision: doing your due diligence 93

4 Financing and funding: the basics 113

5 Buying the right property: practical tips 145

6 Renovation: managing the design and build 195

7 Selling your property: an overview of the sales process 231

8 Putting it all together 279

Conclusion 299

Acknowledgements 303

Index 307

Rebeka Morgan is a registered builder, residential developer and founder of the BuildHer Collective, an organisation designed to empower women to build the homes of their dreams and develop for profit. Above all, Rebeka is a mother of seven, and renovating for profit has been the key to creating a lifestyle and freedom for her family that wouldn’t have been possible otherwise.

Turn your passion for home design into profit

Do you love the idea of renovating and flipping houses, but you’re unsure where to start? Stop Dreaming and Start Renovating for Profit is an inspiring, practical how-to guide for creating financial independence by renovating and reselling residential properties.

Registered builder and serial developer Rebeka Morgan has helped thousands of women buy, renovate and sell properties for profit. In this book, she shares her tried-and-tested advice for building the skills to strategically improve a property’s value — and build your wealth quickly. You’ll grow your skills as a planner, decision maker and developer, and learn how renovating can be a flexible, profitable business that fits into your busy life.

Discover:

• practical tools to help you get started
• templates and organisers to help you plan your build
• in-depth case studies of unique projects
• guidance for managing the build process
• tips for marketing and selling your property.

Whether you’re caring for your family, rethinking your career or simply looking to boost your income, Stop Dreaming and Start Renovating for Profit is a can’t-miss resource.