More ways to build capital before Home renovating
Let me count the ways. All of these have been real life experiences for some of my pals.
1 Subdivide land for profit, as large blocks are usually worth more, once divided into several smaller blocks. 2 Buy in a temporarily depressed area, like a tourist town or beach area, at the end of a recession. 3 Buy a Master franchise from overseas for all of Australia, then subdivide it, to on sell for each State. 4 Build your family home under an Owner Builders Certificate, as a DIY home builder.
A Kit home will save you heaps. 5 Build your family home, working as the Project Manager. 6 Buy depressed Farmland, after a major long term commodity collapse. 7 Convert your Family home into a development of villa units.
8 Convert a Factory or Warehouse into New York style apartments. 9 Buy your Family home on a corner block and build a town house on the subdivided backyard.
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