Search results

Minx, Quality is an issue, I agree. But from the developers point of view as long as the product has been delivered on time and within budget then a few bowed walls don't make any difference.... After all it's the builder who has to pay for repairs and guarantee it all, not me. Ausprop...

Sue, Property is simple, buy x hold time = profit, or build and sell for more than the expenses = profit. Nothing very difficult. Finance is on the other hand is very tricky. Motivation keeps me solving the problems I face daily, without it I would not be able to do what I do. I used...

Are you saying this is the motivation behind your strategy? I know we all have our goals and they all differ but the fundamental reason why I became involved in property was not to be a slave to money. Property investing to me is 10% property knowledge 50% finance knowledge and 40%...

Minx, I mean no offence to any builders here but if that where the case we would be serious trouble. Think of it like your regular mum and dad wanting to build a new home, they employ a builder to do it who has the appropriate license. I think the difference between mum & dad and a...

Minx, As GT states you don't need a license to be a developer, I use builders who already have one. As I'm sure you’re aware getting a license is quite involved and then there is the risk you take for years (building guarantee) after the developer has made his money and moved on. Mark

Balls of steel.. Ha Ha He He That’s a crackup. I have to clarify the development on the Gold Coast is a 102 lot community title. Mix of 58 stand alone houses and 44 duplexes. I go unconditional on the site 4:30pm this afternoon (fingers crossed). I will provide more detail later on this one...

Not sure about a new thread I think everything I do is pretty simple by design and can be described easily here. Creating Cashflow On each development I have (3 at this stage) I pay a Project Management company to look after the project, I use borrowed money to do this. As it turns out I...

Twitch I left FT work Oct 2004 and went into RE as a semi novice having a couple of years of buy and hold properties under my belt. I started developing for myself with the 4 unit site in Mandurah. I should also note that I worked as a Planning / Cost Engineer for the Oil and Gas...

Giving up FT work is "Foolish" & "Risky"??? That's one side of the argument. You could loose everything you have worked for but then the trade off can be pretty rewarding. Worst thing that can happen is you have to start again with a heap of new knowledge, best thing is you get everything...