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but you can just buy 2 properties for the same amount of money and have a lot less headaches and take less risk. You would still end up with 2 properties, it will cost you the same and you will have them quicker so what is the point of going through the exercise? Then pls, for the love of...

You will not end up with 2 for the price of 1! You will end up paying the same price for 2 properties that you would have if you bought them on the open market. So there is no reward whatsoever No, losing money when including holding costs is not a given. If it was all developers would be...

I'll try one last time. If you are going through all the effort of fingind a site, getting plans approved, subdividing, finding a builder, going through the entire building phase etc for the same amount of profit (ie $0) as you would get if you were to simply buy an investment property that...

Yes, an immediate profit is absolutely required because you are developing, not investing. With developing comes risks and you need profit to justify the risks. If youre going into it with no profit on the table what happens when something goes wrong, as it inevitably does? You will end up...

emjay - can i ask why you appear keen to go ahead with a development that has no profit in it?