“The only way you do make a significant difference is if you do structural renovation to a property. “It doesn’t always work in Australia, as opposed to overseas, because of the significant costs involved here,” he said. Michael Yardney, Director of Metropole Property Strategists and an experienced property investor, is not convinced that house flipping is a viable option for many of those seeking a profit in the Aussie market. Be prepared for the work and challenges involved *Comparison rate based on loan amount of $150,000.
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