Starting a small building business

  • Thread starter Thread starter pongoman
  • Start date Start date
People from down South buying terraced houses up North - it's like Dick Whittington in reverse - streets of gold offering huge returns.

Probably better for rental investment given the dire returns in London (and renting is great for kidding yourself you haven't made a loss on your investment when you have).

I'm not sure much of it involves "project managers", it's more about DIY, cheap materials and calculated/skillful corner cutting.
 
Whenever I see progs like that I think if its that straightforward to buy renovation projects and do them up why do you never see builders buying them.

I think they don't count the unpaid labour that people put into them, or the CGT.
 

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