Want to earn more than your annual salary with a single 4-week renovation?

Accelerate your equity and cashflow growth through effective renovation strategies. (Then rinse and repeat with the knowledge you gain).

Ilse Wolfe 2021 09 27 021232

Ilse Wolfe

Renovations Coach at Opes Accelerate. Property Investor for 15 years.
Why You're Reading This Page

Who suits a renovation-focussed investment strategy?

  • You don't want to rely on your 9-5 day job to earn financial freedom
  • You want to be in control of your schedule, and do what you want, when you want to
  • You have a long checklist for your dream home but can’t yet afford it
  • You want to take action and get into the property market ... but don’t know how to find the right investment property for YOU
  • You know there are benefits from investing in property, including growing wealth and passive cashflow, but you’re unsure how to go about it
  • Maybe you want to go beyond capital growth and also want to build stronger rental cashflow through renovations
  • Or – like the rest of us – maybe you’ve heard advice from every “expert friend” under the sun (including old 'Uncle Lester') and now don’t know which advice is right for you.

If you're sitting at work during the day – or on the couch in the evenings – thinking about building a better financial life by renovating properties, then read on.

What You Need to Do

The five things you need for a successful renovation

The most successful renovation-focussed property investors use the BRRRR strategy … this is made up of 5 crucial steps:

  1. Buy well. You need to know how to pick the right properties which suit a renovation-based strategy.
  2. Renovate profitably. Renovations are complex and mistakes can be costly. You need to know how to put together an accurate budget and timeline so that the project turns a profit
  3. Rent sustainably. You need a detailed understanding of who the future tenant will be and what type of home they want.
  4. Refinance to extract your next deposit. Post-renovation you need to pull out as much money as possible to fund your next investment.
  5. Repeat comfortably. You need to be educated enough with the process to keep doing it .This will allow you to drive towards your goals even faster.

Unlike trading or short-term hold strategies, your wealth continues to increase through the BRRRR strategy. As each property increases in value, your wealth will build over time.

You need to master each of these five elements to successfully grow your wealth and rental income through renovations. That's the exact reason we started the Opes Accelerate Property Coaching Programme.

The Programme

About the Opes Accelerate Property Coaching Programme

The Opes Accelerate Property Coaching Programme is specifically designed to educate you to master the BRRRR strategy.

You'll learn how to:

  • Buy the right property that will give you the biggest increase in both capital gain and rental cash flow, through renovations. You'll learn how to run thorough due diligence and work out what the end value of the property and rental increase will be before you even make an offer
  • Renovate the property profitably. You'll learn how to cost-effectively complete renovations using the 6 Cashflow Hack principles and be introduced to the right local professional networks who will become strong ongoing relationships
  • Rent the property to the right tenant, using property managers to ensure you as a landlord comply with all regulations.
  • Refinance your properties to the right lenders for you, to allow you to access as much equity as possible
  • Repeat the process knowing you've got a personal investment coach who has got your back.
What The Programme Includes

What does the programme actually include?

As part of the programme, you'll get a renovations consultant as your personal coach. This includes:

Full access to our Cashflow Hack online educational hub where you can learn, network and share your successes with our community.

Unlimited email support so you’ll never second-guess yourself through the entire process.

Structured meetings and ZOOM catchups to keep you on track. Ensure you understand the core elements of the Cashflow Hacking and the BRRRR strategy.

Local Supplier Relationships to help you execute renovations in your relevant investment locations.

Priority for all Opes Partners events, including live podcast tours, JUNO investing magazine events, and monthly webinars on property investment topics

✅ You’ll also receive a 12mth complimentary Informed Investor & property investor magazine subscription

By the end of the programme you'll have the knowledge, motivation and accountability to finally grow your wealth and make more than an annual salary with a single 4-week renovation

This is a premium service with limited placements.

The investment is $20,000 + GST for the Opes Accelerate 12mth programme.

Your next step is to request a 45-minute consultation where you can discuss if Opes Accelerate is right for you.

Creators of The Service

Who will I be working with?

Meet Ilse Wolfe, your personal property investment and renovation consultant.

Ilse has been an avid property investor for 15 years, beginning in Hamilton and later in Auckland, where she’s now based. Her buy-and-hold portfolio is currently valued at $14m, which has been achieved by using a solely renovations-based strategy.

Ilse began investing part-time at the age of 22.

After her first major renovation, she had kept to her budget but was told by a valuer ''you have spent way too much on this renovation.”

She decided to upskill and learn from experts, so she used a professional investment coach to refine her buying criteria and renovations.

Her portfolio quickly accelerated from $2m to $10m over the next few years.

Now in 2022, Ilse is broadening her personal horizons into multi-income projects while successfully coaching investors from a multitude of backgrounds to life-changing success using her Cashflow Hack methodology.

Her passion is to educate like-minded investors who don’t want to wait for the future so are prepared to manufacture it now.

“While each BRRRR step is important, helping investors identify the right property for them to invest in is the core of our service.

"You only get this by going through due diligence on hundreds of properties over the years and not being scared to pass on the property if it’s not right.”

Ilse has a Masters in Management Studies from The University of Waikato.

Ilse 001

The service has also been designed by property investor, Andrew Nicol. After buying his first investment property at 19, Andrew went on to become an avid property investor.

He has experience in many property investment strategies including BRRRR, long-term buy-and-hold, commercial, flipping, repairing earthquake-damaged homes and development. He now owns over 38 residential properties.

He is the Managing Director of Opes Partners and the co-host of the Property Academy Podcast. Andrew's role in the programme is to help mould the service, rather than working with active investors day-to-day.

Andrew Nicol
Case Study

Here's how Ilse made $355k of equity in 7 weeks with the BRRRR strategy

On the hunt for her next investment, Ilse noticed a property in Glenview, Hamilton, which had been listed online for 9 months.

She negotiated to purchase the multi-income property for $425k. At the time, the online valuation suggested the property was worth $575k.

“I was able to negotiate such a large discount because the second dwelling on the property was illegal. It hadn’t been consented. Other investors would have looked at the property, but hadn’t spotted the opportunity or were too risk-averse. I also figured out that the real estate agent didn’t understand how multi-income properties are valued,” she says.

She invested $70k in renovations, which increased the rent and revalued the property at $850k after a short 7-week renovation.

This meant that she ultimately made a total of $355,000 worth of equity.

During the renovation she legalised and separated the minor dwelling, turning it into a second legal tenancy.

This increased the total rent from $540 per week to $1,060 per week – "I call it cash-flow hacking," she says.

Ilse earns a net passive income of $24k a year from this one property alone.

That's $2k per month that (after the renovation) she doesn't have to work for. She doesn't have to think about it, and she doesn't need to turn up to corporate meetings to earn it.

What's the lesson?

There are opportunities to make significant gains in property investment. But you've got to be able to spot them.

"So many investors would have looked at that property. None of them spotted the opportunity. I did and that's the difference. That's what I want to teach people in this programme" – Ilse Wolfe.

Is This Service Right For Me?

Opes Accelerated Property Coaching Programme is likely to be the right fit for you if ...

There are two types of investors this service works best for:

  1. Investors who want to use the equity within their own home to buy a first investment property (and more after that)
  2. Investors who want to start their property journey by purchasing their own home to renovate, and then go on to purchase their first investment property



Who this IS the right fit for:

  • You want to take an active approach in property investment, and you’re willing to put in the work ... but you’re still scratching your head, wondering about the right way.
  • You know the concept of renovations but don’t yet know the process in enough detail to go out and do it yourself.
  • Or, maybe you’re on the other end of the spectrum and know the process, but you’re worried that you're going to make a horrible mistake that could cause your project to go over budget.
  • You’re willing to invest in education and mentoring to avoid mistakes.
  • You’ve got enough equity and income to get the money to invest and fund a renovation project (e.g. a minimum of $150,000 of usable equity in your home).



Who this is NOT the right fit for:

  • You want to get rich quick without any long-term commitment or hard work. This will not be easy.
  • You only want to flip property, without holding it for the long term.
  • You want a passive investment strategy that is hands-off, and requires minimal effort.
  • You want all the education free and aren’t willing to invest time and money to gain it.
  • You don’t have the equity to invest in a property and fund the renovations.
FAQs

Frequently asked questions

“I’ve already got a property that I think will suit a renovation. Can I use this as part of the service?”

Yes, the core part of the service isn’t just about finding the property, but putting a written plan in place. The property you’ve found, and any other properties you already own, may form part of that overall plan. But, the first step is to sit down and create it.

“How long will the process take?”

We estimate it will take around 20+ weeks to complete from day one of planning and strategising all the way until you complete your first project.

You can complete it in less time, but there is a possibility of the renovation extending past that time frame. It all depends on your work ethic and how fast you move.

“Why wouldn’t I just renovate a property on my own and use all the free content you provide?”

In theory, you could ... and by all means, go ahead!

But there’s a reason you’ve read this far. Whether that’s because you’ve struggled to commit or aren’t yet ready to take action on your own.

With the Opes Accelerated Property Coaching Programme, it is the combination of expertise, guidance, resources and motivation that will help you succeed.

But ultimately, you’re the one who has to commit to taking deliberate and profitable actions that will allow you to build your wealth and create a passive income.

Which Path Will You Choose?

What Tomorrow Looks Like

Right now, I’m not sure what you're really trying to achieve by renovating properties.

Maybe you want to build a passive income …

Become a successful property investor …

Increase your cash flow …

Achieve financial freedom …

Have enough money to retire comfortably …

or you want to increase the amount of quality time you spend with your family.

Whichever of these goals you’re aiming to achieve, if you’re going to get there, right now, you have two paths you can take:

First, there’s the path without guidance, trying to find a property and manage a renovation on your own. And you might ultimately succeed on your own. But one thing is certain; it will be a windy road. There’ll be costly mistakes and there’ll be a lot of time in Facebook groups and reading on the internet trying to figure things out. A few of your money makers may just turn into money pits.

Or you could go down the direct path. The one that shows you how to navigate the process so you can ultimately get to where you want to be faster.

You'll receive the hard-won lessons from experts who learnt from their own renovations and investing experience. You'll follow a path where you avoid the common mistakes so you can feel confident in the process. No more sleepless nights spent mulling over options.

You can go down this path as fast or as slow as you want.

This is how the next 5 months could look for you:

  • Structured portfolio planning session with Ilse (Week 1)
  • In-depth Structured Game-Plan meeting with Ilse (Week 3-4)
  • Review potential properties with Ilse (Week 4-6)
  • Guided site visits with Ilse (Week 6-7)
  • Active strategy planning session with Ilse (Week 8)
  • Settle the property (Week 11)
  • Execute the works with expert guidance (Week 12)
  • Learn how to refinance (Week 20)
  • Repeat

What would having an expert plan and a guide helping you go from A – Z mean for you?

Ilse Wolfe 2021 09 27 021232

Ilse Wolfe

Ilse Wolfe is a property investor and the director of Opes Accelerate – a coaching programme for renovations-focussed investors. She regularly appears on the Property Academy Podcast and has written articles for both Informed Investor Magazine and Property Investor Magazine.