02/09/2026
Why can pretty houses still be a terrible investment?
I know, I know… that beautiful kitchen is very tempting.😉
But before I get carried away, I want to know:
Who actually wants to live here?
Does the local demand stack up?
What is the refurbishment really going to cost?
And what happens if the exit takes longer than planned?
Because a property can look fantastic and still have weak numbers.
And sometimes that tired-looking house that needs a bit of love can actually be the more interesting opportunity.
So I try not to ask “Do I like this house?”
I ask “Does this opportunity make sense?”
If the location, numbers, property and exit don't stack up, I’ll walk away.
Even if the kitchen is gorgeous. 😂