How about writing a book/ebook (in your spare time) about your experiences and or a guide to help newbies
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Hi Myf,
I've been thinking along the same lines, even thought of starting up a property management business here in Hobart. But it sounds like too much work, too lazy for that lol! The other idea I've been toying with is self contained short stay accommodation. Buy/reno/rent out to holiday makers. My two cents
How about writing a book/ebook (in your spare time) about your experiences and or a guide to help newbies
How about being a "property investment consultant" or mentor business? You sound like you have a lot of experience that most of us don't have. I usually prefer mentors who have "walked their talk" for many years.
Been looking at Tassie a bit - binalong bay is done to death
Would people stay in berriedale for the gallery?
I'm looking for a year round attraction not just a beach which people only visit a few months a year
I thought of one today - renovator / project manager, but targeted exclusively at interstate buyers. Interstate-only would be your specialty.
I have some friends buying interstate that won't consider buying anything other than new / near new / OTP cause they don't know anyone to help them with a fixer-upper.
Extremely easy, a lot easier than using a PM. I would only do it in the state I reside in.
Teach me please... in all my years of investing I think last year I had the worst case of bad PM/tenants in that order.
...What can I do without qualifications/registration...ideas mulling in my head
- Interior Designer (I believe you don't need to be registered but I would do the Cert IV in Interior Design)
- Project Manager for other people's IP projects
- Project Manager for other people's Reno projects
- Professional somersoft thread hogger
- Mentoring (but how without sounding like a douche trying to con money?)
What other, out the box ideas can you think of?
I went to a renovation seminar a while ago, there are services like this already that cater for investors and homeowners. I haven't used the service myself.
http://www.transformationsau.com.au/about.html
...go on The Block
Maybe hold one-on-one sessions for investors. Come up with a strategy to move forward. This is something i will be doing in the second half of the year.
Oscar
So an update to this is that I have my first client.
I'm giving development mentoring/assistance to a Perth member on here for their first development. As they have already purchased their land I'm helping them from DA process forwards.
What sort of development?
Cheers