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From renovation hell to riverfront beauty: Inside Larry Emdur’s major property project

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The Morning Show and The Chase Australia host Larry Emdur also knows a thing or two about property.

It took just $500 and a whole lot of luck for him to snag his first investment unit, and he has since turned property into a lifelong passion.

WATCH THE VIDEO ABOVE: Sneak peek at Larry Emdur’s Spotlight special

Watch Spotlight on Channel 7 and stream it for free on 7plus >>

But it’s a tough time to be involved in the property market right now.

When the Reserve Bank lifted interest rates again this week – for the sixth time in as many months – the mortgage pain could be felt around Australia.

Larry Emdur on Spotlight – Boom or Bust. Credit: Seven

With most already feeling the cost-of-living crunch, it seemed those not yet on the real estate ladder were even further away from realising the great property ownership dream.

So, what’s the secret to getting a foot in the door and when should you make your move?

In a 7NEWS Spotlight special this Sunday, Larry Emdur takes viewers inside his latest property project, which he hopes to take from renovation hell on the riverfront to his family’s forever home.

It’s a tough time to be involved in the property market. Credit: Seven

Using his own “little black book” connections, he gathers advice from Australia’s leading flipper (real estate investor) Cherie Barber; his own real estate agent turned reality star, D’Leanne Lewis from Luxe Listings Sydney; and consumer property advisor Robert Klaric, who all share their insider tips about how best to respond to this boom-or-bust market.

While experts predict prices could continue to fall, seasoned investors and family flippers see opportunity where others might be scared away.

It’s a must-watch real estate master class that could teach you the tricks to winning your way to a property fortune.

7NEWS Spotlight: Boom or Bust is on Sunday, 8.50pm on Channel 7 and 7plus.

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Source: 7News