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Build for an IP/Michael Reply: 4.1.1.1.2.1.1.1 From: Michael Yardney Michelle It definitely did not occur overnight. It took 15 years, but as I say it was in my spare time. I also held down a job and put 4 kids thru private school. Once I built my asset base I turned my hand to developing...

Build for an IP/Michael Reply: 4.1.1.1.2.1 From: Michael Yardney Hi Michelle Thanks for the comments. I agree that all newbies should ask questions , but so should the old codgers. Don't believe everything people tell you, especially on the internet and especially from estate agents (which...

Reply: 4.1.1.1 From: Michael Yardney Kristine You are right. You have to be careful who you get into bed with... you have to do your due diligence carefully before joining a syndicate, but that's the same with any form of investment. You also have to weigh up the risk/reward ratio (again...

Reply: 4.1 From: Michael Yardney Hi apprentice millionaire Don't be ashamed that you're a newbie. Often a new refreshing slant on things is good too shake up us old codgers. The only fault that I can find in your argument is the fact the sort of property you will end up with may not be the...

Reply: 3 From: Michael Yardney Jude, Sometimes you can build a new house in the outer suburbs a little cheaper than what an established home would cost. That's how spec builders make their money. I have found that if you are not the builder, there is usually not a big margin in it for the...