In my property search I have been looking for properties that can have potential for future value adding strategies to increase value and also cash flow. This is something that I would like to do after owning the property for a few years. Things that I have been looking for are: 1. Potential for extra rooms to be added e.g extra living room that can be converted into a bedroom 2. House positioning on block of land so that a granny flat can be added with no access issues. e.g corner block. 3. Houses with storage space underneath that is of legal height so it can be converted into more rooms or granny flat. 4. Cosmetic updates e.g brick veneer house that can be rendered, kitchen and bathroom upgrades etc 5. Large block of land that can be battle axed and sub-divided I have no idea what strategy gives you most bang for your buck and what is the best plan to take. Would love to hear what some others have done in the past and what they look for when buying a property with the idea to value add later down the track.