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That's actually a multi-layered question. Meaning there are a lot of financial variables involved. How much is your house is worth per square foot (or metre).? Does making a bedroom from an empty space increase any potential asking price? Does the home's value, based on the comparables in...

I don't know if a person would have to, but why wouldn't they want to? I have always thought that the cost versus value equation on this type of expansion project would always tilt too heavily on the cost side. I guess I just don't see the value of extending a basement.

Termites.;) Aside from that. what type of interior are you going for? Modern or deco looks don't go with wood in my opinion. Some say deco and wood only if the whole look is 50's American.

Absolutely. By any and all means possible. Dealing with properties is the blood in my veins. I'm actually working towards that goal and I hope to reach it in five years.

I have to agree that JV can be a very good way to go. (Gang up on 'em :D) My mind was on the banks that are very tight with their lending practices. I have also heard that if you go into a possible deal with a comprehensive and well-laid out business plan, then certain banks will overlook...

Renovation projects? Or buying a house, doing repairs and upgrades and then re-selling it for profit? In order to get banks to loan you funds for any of these types of projects, you have to be in good financial standing with a proven business background.

I would go with property you can rent out with a focus on the working class. It just seems to me that the region you're in has a large population in that demographic. Hasn't it always been that way there?

Property as an investment will always be a good idea for one sound reason: People will always need a place to live. Having a diverse range of property by way of value is always a good idea as well.

I live in a rural area by a small town that is in dire need of improvement. That said, the property I am in I have fixed up quite a bit, so my investment is coming by way of the equity a I putting into it.

The city and county building codes also need to be looked at before doing any building. This is something that a property owner needs to discuss with the contractor doing the work. Some contractors do this part of the job while others don't. Before any building gets started, this is typically...

The negative reactions you mentioned typically come from the low information people. If you give them as much information as you can that this is a legitimate business, and they still doubt you, then they must want to doubt you. I would just not mention your line of work at all if this is the case.

To add another layer here, is there speculation that property investment groups might buy land for the sole purpose of building PBSA? (Purpose Built Student Accommodation). I understand that councils are actually encouraging this move, and it seems to be a growing trend elsewhere.

Speaking with an international tongue, where would a person go to acquire high-end real estate in Spain? Luxury real estate either for private use or to rent/lease? Villa's would be preferred within the Balearic Isles, Mallorca or Menorca. People are asking me for the best of the best and I...