SITNB Mastermind Students, Fiona and Darin, had been preparing to convert their 4 bedroom family home into micro-apartments to uplift their cash flow, when COVID-19 hit.
With careful configuration, a TV room becomes the bedroom in one of the 5
self-contained micro-apartments.
And enclosed patio becomes a communal entertaining space and laundry.
A large master bedroom becomes a self-contained suite with plenty of natural light
and an adjacent kitchen and bathroom.
SCROLL DOWN FOR FULL BUDGET BREAKDOWN!
This dated granny flat is now a chic and modern self-contained micro-apartment
 FINANCIALS |
|---|
|
PURCHASE PRICE: $435,000 (2011) |
|
RENOVATION COST: $32,847 |
| BEFORE | AFTER | RESULT | |
|---|---|---|---|
|
RENTAL RETURN WEEKLY |
$500 per week |
$1,210 per week |
$710 per week uplift |
|
CASH-FLOW ANNUALLY |
$26,000 per year (Gross) |
$62,920 per year (Gross) |
$36,920 per year uplift |
A light and bright private kitchen and living space from one of the 5 micro-apartments in this affordable housing conversion.
An example of how a laundry cleverly converts into a bathroom/kitchenette
with the addition of a shower stall where the appliances once stood.
Want to know more?
Clean and bright styling makes these micro-apartments highly desirable...
like boutique hotel suites!
An example of one of the private kitchenettes.
A living room adjacent to the kitchenette with views to the garden.
A studio-style master suite with attached kitchen and living space.
If i join the program. Does the network or program do micro apartment fitouts in Singleton, NSW. Using the programs builders.
regards: Peter Kocyan
Hi Peter, Thanks for your message. We don’t currently have a build team in the Singleton area, however, the HI-RES program will teach you everything you need to apply the strategy yourself while remaining compliant with the local council and government regulations. To book a strategy call with my team and find out more, click HERE.
Hello,
I would like to convert my 4-bedroom apartment in Hervey Bay, Queensland to micro-self contains. Do you offer the services in my location please?
Thanks
Hi Peter – thanks for reaching out. A member of our team will be in touch directly to help you with your inquiry.
I also have a property in Hervey Bay and would like to do the same
Hi. I have an investment home 4brm 3bth 3g with pool in Upper Coomera would that be suitable for a profitable conversion.
Hi Solange,
To chat further about your situation and to find out if Ian’s High Income Real Estate Program is for you, book a strategy call with one of Ian’s team to find out about more, follow the link below: https://ianugarte.wpengine.com/sitnb_events/book-a-strategy-call/
Alternatively, join Ian live in one of his upcoming free Positive Cashflow Live webinars here: https://ianugarte.wpengine.com/free-event/
Can I just hire your DIFY team without enrolling on your course?
And do they arrange all the plans etc?
Hi Richard,
Yes, Our Do It For You team (DIFY) can handle the whole process for you, from sourcing and buying the property, to arranging plans and certifications, as well as the construction process. Students of Ian’s HI-RES program receive a discount on the DIFY service fee that is essentially equal to the course cost.