
While I usually focus on high-level strategies, mindsets, and tactics to elevate your financial position, I’m switching gears over the next few months and taking you behind the scenes on one of our own value-add residential deals. We’re kicking things off with a modest 2-bedroom property in Geelong that’s quietly been performing in our portfolio for almost a decade. Originally purchased as a real “ugly duckling,” we gave it a budget-friendly facelift to bring it up to rental standard. Now, it’s time for its next transformation. 🎯 The goal? Turn it into a beautifully finished 3-bed, 1-bath, double-garage family home — all for under $50k. Then, it’s off to auction! The photos below show the property at the time of purchase and after its first renovation. I’ll be sharing the planning process, progress updates, and renovation insights in the lead-up to auction day. This project will also serve as a stepping stone into a larger commercial value-add opportunity. Excited to share the journey with you!