Browse Forums Renovation + Home Improvement Re: Renovating small flats/apartments for profit? 11Aug 10, 2012 7:55 pm I am obviously clueless about Turkey but here there is body corporates to deal with and possible maintenance/strata fees, you would want to check this out when you are buying only a flat. Then you really need to research the market you are selling to, for example here in Sydney people's expectations vary great in different parts, out west may people expect walk in robes and separate laundries yet inner city, combined kitchen laundries and small closets are standard. Who are you marketing to? Families, couples, students, you'll want to research the area, you don,t want to be trying to sell to students if there's no schools around. Do you have an exit strategy?What happens if one of your trades doesn't work out or weather delays the project? If you are putting your last dollars into this what happens if the country's finances collapse? Who knows. 2-3 is a lot for novices, do you have tradespeople you trust who are going to be working for you. Finally the place will be worth what someone pays to buy it, and people here usually want to feel they are getting a deal so they will not be paying above the ceiling price. What you are looking at is fibrous plaster, true gypsum, it is cast on horizontal beds with fibers included to give strength. I has no Asbestos in it. Houses before 1985… 2 7113 Hi all, We are looking to build a new two storey house in western Sydney. Can anyone recommend a smallish builder to go with? We are trying to stay away from the big… 0 12110 consider putting in wall WC instead of robe in the same bedroom, then it might be doable to hook up to the existing piping. 4 6610 |