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thanks for the responses guys. I know they might come across and basic or even silly but for every question and answer, I'm getting smarter and that helps me a lot :)

Is it common practice to contact a builder for a rough development quote on a property that is yet to be purchased?

I should have been a little more specific. I meant how does one accurately price construction costs having never undertaken a development? I suppose a mentor/builder friend would be a good place to start.

what do the experienced developers out there think is the best way for a first timer to accurately price and conduct a feasibility analysis on a potential investment/development? I would have only a small idea as to what may be the price and costs involved with such an undertaking. it is...

No not yet! I've set myself a goal of having one by the end of 2015. I'm just finishing up uni and am looking to enter the workforce (FT) shortly (if any developers out there want a motivated junior assistant or would take me aboard for a short period of time please pm me!). I understand the...

I'm a green kid almost finished a Property & Valuations degree at RMIT and I'm doing a Cert IV Building & Construction with MBAV to gain more knowledge about how builders actually go about their work. One of the most useful books I've read re strategy was Rules of Property by Michael Yarndey...