Business

NOTICE:

Each week, the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today is how to decide to flex your DIY muscles. Hosted by Frances Cook.

Listen to the Cooking the Books podcast here or watch the interview above.

While first-time buyers struggle to get a foot on the housing ladder, one suggestion you’ll hear often is to buy a renovation.

Buying a run down place for less money means you can use your time and sweat to bring it up to standard, or at least, the theory.

The problem is, a lot of the changes you’ll need to make will still require money, and some of them are either too hard to do on your own, or you’re not legally allowed to do them because it’s dangerous.

A bad renovation could actually cost you more than a place you are already buying up to.

This does not mean, however, that it is impossible; certainly not.

It just means that we need a little bit of knowledge up our sleeves to help us figure out what the right things are to do.

For the last podcast, I spoke to Jen Jones from Nine Yards Consulting.

For the interview, watch the video above or listen to the podcast.

• If you have a question about this podcast, or a question you would like to answer in the next one, come tell me about it. I’m on Facebook here, Instagram here and Twitter here.

• Listen to the full interview on the Cooking the Books podcast. You can find new episodes in the Herald, or subscribe to iHeartRadio, the Apple podcast app, or Spotify.

More about this article: Read More
Source: www.nzherald.co.nz
This notice was published: 2021-04-28 03:00:00

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