well I look at it this way...I use a conservative capital growth figure of 10% pa, year in year out.... some years it can grow by 20%, other years only 8%.... in the past it has outperformed these expectations...
so with the renovations,,,if I spend 50,000 I expect to earn 10% capital growth pa for same, plus an increase in rent on a monthly basis... thats how its been panning out so far... oh, and I expect to lock in some nice low interest rates in the coming months... its all rather boring actually,...except the renos can cause a load of stress, but that is expected...its part of the game...
