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Property Development learning and absorbing Gerhardt, You post some great questions about getting into Property Development & Project Management for multiple dwellings. Firstly its good that you are clear on the area of development that you wish to focus on i.e. “multiple dwellings”. Many...

Do all real estate development sites stack up... You have looked at a coupe of properties in your local area & found they don’t stack up….. Well done!!! This is a very important 1st lesson in development: Not all properties stack up. Welcome to the world of development. If every...

Failure is NOT an Option In answer to the email received: If you are new at development I would recommend that you do heaps of research, read every book you can get your hand on & attend every credible property development seminar you can before you folk out your hard earned savings for a...

Cash Flow is King Peter & Minx, You are both absolutely correct, you must have cash flow. This goes for real estate investment, property development and every single business. The reason why most businesses fold is also because of cash flow. So what’s new? While it’s true there are...

Development ROI This is an excellent point Peter has made. Lets look at this further. Assume you borrowed at 80% completion value (i.e. 20% investment) on a development project with a completed value of $1.3m as mentioned above. So your capital invested is $260k You make the same...

Where to Start in Real Estate Development In answer to the email received about "where do I start": In real estate / property development you need to control at least one of the following: 1. a development site 2. a client that has a specific need for a development site, 3. capital, 4...

Real Estate / Property Development Books Depending where you are at: An Intelligent Guide to Australian Property Development by Ron Forlee is basic / for the beginner. Professional Real Estate Development, The ULI Guide to the Business by Richard Peiser is more advanced. Philip

Dream to be a full time Real Estate Developer OK you have a dream to become a Full Time Real Estate Developer. That’s an excellent start.!!! To realise that dream you need to determine where you want to go, how long you will take, what skills & knowledge will you need along the way & what...