Recent content by shangrilada

Unless you've done your market research and analysis I wouldn't say that necessarily. And if you did before you made this statement then I would be shock. what I said was the ROI was not good enough for me, that don't mean it's a bad investment. When we develop a property we look at the ROI...

one of my client had this property he was selling for a while. It's a r25, (r40 proposed by local council) corner blk, 691sqm asking 399k. It has a lot of potential but for me the ROI was not high enough. Had I known it was legal to post such listings on here I would have done it...

maybe my bad American English coupled with the late posting is causing all of this confusion. Or perhaps my funny way of saying that I did not and will never pay for a course on property development. I just jumped head first into the property and teamed up with an experience developer so...

even right now I have 3-5 projects with all yielding 35-50% ROI in 12mos period. One in particular would yield 35% in 60mos since it's DA Approved and ready to go if we want to take it on. yup you hit the mail on the head, these are not your 2-4 townhouse projects. They are 6-12 unit...

Nope, my "development course' was actually my first property development project on a R40 property.

We build with steel frame and there's a very good reason why I do that. Regarding hearing everything through the walls .. this is unfortunately true if the builder does not know how to build properly or are using cheap materials. If done properly the result should be better in terms of noise...

Absolutely true Argyle. Learning how to develop is not difficult, anyone could google and research the process, make a few phone calls and get educated that way. The real money maker is finding the right people and connecting with those opportunities that yields 35% to 50% return. In my...

Yup Option1 is quite bad and in my opinion not worth the trouble, unless you're doing purely to kill time. Option2 , while you may not be a Builder just hook up with one and ride his coat tail Option3, well if you can't beat them find a way to join them.

I spent 350k on my Developers course and I got a return of 175k on my first project. I think those are the only development course you should sign up for.

The solution to this is quite simple. Only invest in projects that gives a 30% to 50% return. With this large of a profit margin a lot of the concerns regarding property investment goes out the window. Simply because with such a high return even in a down market you can discount the sale/rent...

This goal is very achievable if you join up with a property developer. The idea is to develop, retain a portion of the property to rent them out and get rental income, and then sell them when you need/want to. Continue this for a few projects and you are well on your way within a few years...

hi everyone, glad I stumble onto this post, too bad it's not as visible from the main forum so more people can see it. Yup I'll be looking out for the date and hopefully it would work out for me as well. Keen to meet up with everyone here.

SOP, we do both construction and development. Currently we are developing and building this ourself. It's steel frame construction, more expensive than other materials but much better overall. Build time is 3 months but we tell people 4-5 months for some wiggle room. Give me a call and...

Yea we are currently building 6 units, 2 storey here in WA with hebel. As you can read from that link it's far superior from many other building techniques IF built correctly. This current build would have German made double glazed windows so once completed would yield an 8+ star rating and...

thanks for asking and reminding me .. I should start making a habit of taking more pictures and maybe even some more selfies :rolleyes: I'll be sure to post some after I get back on site .. which is after the long weekend holiday.