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I think we need to agree to disagree. You have your strategy and I have mine. For me, it works and i think there are others here that do the same. We all look at investing in real estate with different eyes and different talents - and in different markets. It just happens, the markets i...

But in my scenario above, i only renovated once. I'm not the fool in doing a renovation every 10 years.... Going back to the above scenario. I buy and then reno as i described above. You buy and not reno. In the short term my house will have a higher value then what yours would and i...

I'm sorry i don't agree with you. Lets put it this way. Suppose there are 2 identical houses sitting side by side. You own one and i own the other (hi neighbour). Anyway, these houses are both 30 years old. i renovate the kitchen in mine, stick new curtains on mine, new tiles, a bit of...

I do the renos but i hold the place after i reno it. Basically, buy the worst house in a good street, or buy a house that you see something special in (and that you can get a good deal on), then carefully renovate it and increase its value. The you get it revalued and then you rent it out...