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I'm obviously not AL- but from what AL has said (a lot of it in other threads), MrsAL did not like the debt and the risk, and wanted Mr AL to exit from the deal. That was a huge pity imho. The Buy and Hold may have made it work a lot better- but it was no longer an option. I have a cross...

Just one point to add to this. My understanding is that the process which has the higher reward and the lower risk, is the process of buying a property, and then getting the development applications. I guess it's possible that the person who sold the property with the DA knew about some of...

I'm with you Duncan. I have raised concerns. I am biased. I went to Michael's course in Melbourne in June, and learnt heaps. It was a very valuable course. And in reviewing the course CDs three months later, I'm picking up on a lot of things which I had forgotten. Wrappack raised some...

I would be happy to use Metropole's services. Anything like a development carries an element of risk- a developer cannot be aware of what the market will be like when the development is finished two years down the track. If I did do a project, I understand now, much better than before, the...

I'll add a point to Astroboy's comments. I seem to remember AL posting in January that things would be completed in February- and that he was quite disappointed by the delay. But actual completion presumably took place in May (or perhaps April). For a project apparently so close to...

I'm not sure- but this post may provide a partial answer.

I've been impressed with the Metropole approach myself- it is something I will be looking at seriously when I am in the position to move.

And also the satisfaction when you count the profit :D