What Should You Check Before Making an Offer?
Considering a property for a rooming house project? Discover what should be assessed before making an offer and committing to the wrong property.
How to Estimate Rooming House Conversion Costs
One of the first questions I hear from prospective investors is, "How much will it cost to convert this property into a rooming house?" Unfortunately, there isn't a simple answer. While it would be convenient to quote a cost per bedroom or a cost per square metre,...
Why Due Diligence Can Save You Thousands
Finding a property that looks suitable for a rooming house conversion is exciting. The layout seems ideal, the location ticks all the boxes and the asking price appears reasonable. It's tempting to make an offer before someone else beats you to it. However,...
What Is a Class 1b Rooming House?
If you're researching rooming house investments, you've almost certainly come across the term Class 1b Rooming House. It's one of the most common phrases used by investors, builders and consultants, but it's also one of the most misunderstood. Understanding what a...
What Makes a Good Rooming House Conversion Property?
If you're looking to convert an existing home into a rooming house, choosing the right property is the single most important decision you'll make. While almost any property can be altered with enough time and money, only a small percentage make commercially viable...