Jul 13, 2026 · 14 min · 8 segments
Property renovation mistakes can destroy your cash flow, equity and portfolio momentum, especially in a buyer’s market. In this episode, Steve breaks down the 7 biggest renovation mistakes property…
thanks for tuning in to another episode of my next property my name's steve ash i'm the founder of property strats and we help australians build welfare investment property what i want to do today is generally i talk a lot about hot spots etc but i wanted to do something maybe a little bit different and because of the type of market we're going into now we're going to go more into a buyer's market given what we're seeing with the budgetary changes so quite simply recently as we film this in um June 2026 budget two three weeks behind us now it definitely has had the cooling off effects that the government were looking for we've seen the clearance rates come right down but we're now starting to see some pretty good opportunities in some of the cities coming up obviously I'm very focused on buying in market cycles but still in the likes of sort of Brisbane etc we're seeing opportunities but I wanted to you know talk about Melbourne a little bit and the potential to snag some pretty good bargains at the moment.
So as we come into this buyer's market, like the one thing that we can control are the price that we can buy, like the under market value in inverted commas, but then also the sweat equity uplift, how we can actually sort of add value to that particular property.
And so it's now, we're not going into a time where you could throw a dart at a dartboard and you make 150 grand in two minutes.
we're now coming into a time whereby it's up to you the investor to actually you know buy well and manufacture equity by renovation etc and that's something that's within your control which is the great thing about property investing so for this particular episode what we're going to do a look at seven mistakes that property investors get wrong when they do renovations So let's get into it.
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thanks for tuning in to another episode of my next property my name's steve ash i'm the founder of property strats and we help australians build welfare investment property what i want to do today is generally i talk a lot about hot spots etc but i wanted to do something maybe a little bit different and because of the type of market we're going into now we're going to go more into a buyer's market given what we're seeing with the budgetary changes so quite simply recently as we film this in um June 2026 budget two three weeks behind us now it definitely has had the cooling off effects that the government were looking for we've seen the clearance rates come right down but we're now starting to see some pretty good opportunities in some of the cities coming up obviously I'm very focused on buying in market cycles but still in the likes of sort of Brisbane etc we're seeing opportunities but I wanted to you know talk about Melbourne a little bit and the potential to snag some pretty good bargains at the moment.
So as we come into this buyer's market, like the one thing that we can control are the price that we can buy, like the under market value in inverted commas, but then also the sweat equity uplift, how we can actually sort of add value to that particular property.
And so it's now, we're not going into a time where you could throw a dart at a dartboard and you make 150 grand in two minutes.
we're now coming into a time whereby it's up to you the investor to actually you know buy well and manufacture equity by renovation etc and that's something that's within your control which is the great thing about property investing so for this particular episode what we're going to do a look at seven mistakes that property investors get wrong when they do renovations So let's get into it.