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Well said, Sunstone. There is a place for joint ventures because many investors are time poor and can't do renovations, wraps or flips for quick profits by themselves. So JVs as equity partners or investors is a viable way to make decent returns. But the person managing the deal really has to...

Thanks, Ross for your kind words. I'm glad I had another look at my previous post because I noticed a typo which I corrected and a word I replaced with something more appropriate. I also would welcome some more feedback from Kate because I thought the thread was developing into a good one. I...

Hi Kate, Thanks for the due diligence info. On the subject of Independent Valuations (IVs), you said: "As yet I have not received independent valuations on the land as the other blocks in the estate have sold and settled for the prices above - so the values of these blocks have been proven...

Hi Kate, We welcome deals being posted here as long as they contain some educational quality and the poster agrees to answer our due diligence questions. I'm interested in the contents of your due diligence report so would welcome some of the key findings being posted here. May spark some...