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"Settle down boy?" Not sure what amuses me more - your arrogance, or your lack of perspective. Why is it that, because you feel unable to make money from renovations, you deride the abilities of those who have done it before, and are doing it now? Most people cognizant of even the most...

Hi Lester, Do you have anything other than anecdotes and hearsay to back up your claim of $2 spent to gain $1 in value? Im just wondering if you had any hard data to contribute to this thread, or if you decided this was more suited to pushing your barrow now that the other doomsayer threads...

Firstly, Id argue that the two reasons you mentioned (finding a bargain & areas which are lagging) are pretty valid in the first place, but in response to your question: What about the ability to add value through renovation / subdivision? In a flat market, and providing you had experience and...

Hi np2003, Are you suggesting these properties have dropped in value? Jamie.