Should You Renovate or Knock Down and Rebuild

Often with investment properties there is the opportunity to renovate it or to knock down and rebuild. How do you decide which option is best for you and what is going to give you the best return on investment?

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0:30 – Having options is a great thing and be grateful for that
3:46 – The ultimate outcome is important, but so is the capital cost
6:37 – It comes back to strategy and what kind of return on investment you want

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