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Because you do not make money. You buy retail and sell at retail. The real developer is buying wholesale and selling retail. That is how you the developer should be and they can significantly manage the fluctuations of the market. I buy blocks and put spec homes on it and make some...

I would agree with Alex. Without big developments, you are not going to make the profit more than your paid job --- at this time of the market. - buy and reno then sell to make $50k for each property ..... NOT that easy for a $400k property at this time of the market. - buy a block for...