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Monday, March 07, 2011

This article describes the fifth strategy of nine property investment strategies.


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Strategy 5 – Buy and build and sell or hold

Pros

This strategy is similar to the ‘buy and subdivide and sell’ strategy and once again not for the faint-hearted. On the upside, once again there is profit to be made, particularly for those able to be involved in the building process themselves.

Cons

As above for subdivision –tax consequences will be adverse and you will have to become involved not only with councils, surveyors and the like but also with builders, trades-people, suppliers, etc. It could almost be a full-time job, so unless you’re like me and enjoy that sort of thing, I would recommend you stay away from this strategy until you are more experienced.

Download the full report at www.wfscanberra.com.au
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