Search results

Thanks Rockstar. You have well and truly found your niche. Like the way you work. Margin in the end does not mean as much as knowing that you are looking at X amount of gain in Y amount of time, give or take a little. By doing a few you probably also have trial'ed and error'ed a few...

Ace, Most people though can't afford a wipe-out type of mistake for their first venture. It will set them back years. And the gut feel may be an instinct for a true talented entrepreneur, but for most people it comes after some experience. Can't wait till I ditch that calculator /...

Hey Rockstar, First of all your duplex build thread are inspirational. Thank you for sharing. Are you at the stage where you have truly found your niche and feasibility becomes not as critical? I have seen people who has done a few similar developments in an area and inherently knows that...

Hi Scott, Will look these up Thanks

100K at 30% return means a total development cost 330K 700K at 15% return means a total development cost 4.6M Assuming that you put in 30% of TDC of you own money. To earn 100K at 30% you put in 110K (91% return on equity) To earn 700K at 15% you put in 1.38M (51% return on equity)...

Many newbies like me are getting into developing and profit margin is always talked about a lot. Most will say to us noobs, aim to have a minimum margin of 20%. I am trying to rationalise what 'profit margin' actually tells the investor who undertakes the development. Does it tell you how...