Property Brothers Buying & Selling

[brooklynmoney]

So if you are not working and living on your savings, your first instinct is to call Property Brothers to come renovate your existing space so you can sell and buy a bigger more expensive home, right?  Even if you have to borrow the down payment from your mother. No? Odd. Because that's what this woman on Property Brothers Buying & Selling just decided to do.

[kayvent]

Would this be considered leveraged investing? I know pre-'08 that 'buy a 200K house, it goes up to 300K over the years, then you move up to a 500K house that then goes up to 700K in a few years, etc..." was a tactic some people used.

[brooklynmoney]

It's for sure leverage but "betting" might be a better term than investing.

Update: They just turned down the opportunity to try to get more money for their existing property and took the first offer they got (it was full price at least).