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That's interesting. My motivation is lower than yours probably because I find it fun aswell. 10% property knowledge!! woah to get as far as you have I would have thought that would be a big part :confused: For me it's 40% property, market knowledge, house designs knowledge, reliable...

Muney - I think you misunderstood. I don't think single houses are more profitable than multi units. However, there are probably more things that can go wrong with multi units...the big one is delays which can amount to be quite costly. Single houses is what I prefer and I am just sharing...

Yes I agree MarkC should have his own thread! I just want to know the reason you high rise developments? is it coz you want to be in the big boys league? is it coz you want to form a corporation and aim to publicly list it one day? is it for pride, recognition? purely financial reasons? own...

Even with developing just one house, I make sure I have plenty of capital. I did 3 houses at once a few years back and learnt my lesson. The repayments during construction, the holding costs before getting tenants or selling can make you or break you. The thing is that with building costs so...