When I explain to people what I do and how I’ve made a business out of what I love – developing property – they often say “I wish I could do something like that.”

As part of our process, once we’ve located a suitable development site and if there’s an existing house on the land, is to order a pest & building inspection. Management of the renovation is part of the development process.  But to what degree do you renovate and when is it considered over capitalising?  In these regional areas, we are not looking to massively upgrade a house but to add cost effective value and maximise rental returns.