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Okay, then what about negotiation regarding a properties condition. How do you negotiate the price down. How do you say on the spot "oh look mr agent, this is gonna cost me heaps to fix, I need to factor in reno costs this amount of reno costs here's my feaso gimme price discount pls." Does it...

Hi All, I'm a bit confused into what goes into identifying something that has the potential to have value added to it through a cosmetic reno. For example, let's say you identify an area which you can afford, you start looking at numbers only (yields, vacancies, stock on market blah blah). And...