Why Most Luxury Renovations Fail (And How Smart Investors Avoid It) - Invest With Nikkei Ep. 2

Описание: Invest With Nikkei Ep. 2

Luxury renovations look glamorous, but most investors underestimate the risk, timelines, and hidden costs. In this episode of the Invest with Nikki podcast, Nikki Rosenberg sits down with Stephen Bradshaw of BB Co. to break down what really happens behind high-end renovations. They cover cost-plus contracts, managing client expectations, renovation red flags, and how smart investors protect margins while building showstopper properties. This episode is a must-watch for anyone investing in luxury flips, short-term rentals, or large-scale renovations who wants clarity instead of surprises.

Stephen Bradshaw (Instagram: @stevebradshaw28) is a content creator and builder with a growing following. On his profile he describes himself as a builder and the author of a book titled Rewrite Your Script which he’s preparing to launch, encouraging followers to stay tuned for updates. His feed reflects his projects, personal interests, and creative journey, blending lifestyle posts with insights into his work and upcoming writing.

#RealEstateInvesting #LuxuryRenovation #ShortTermRentals

Timestamps:

00:00 Why luxury renovations are riskier than most investors think
03:12 Cost-plus vs lump sum contracts explained
09:45 Why contractors miss timelines (and how to plan better)
16:20 Renovation red flags investors should never ignore
23:40 Designing luxury rentals that actually perform
31:10 Mistakes investors make overspending on renovations
38:25 How Nikki and Steve collaborate on high-end projects
44:10 Final advice for investors entering luxury renovations