This is topic is generic.
Just want to know what people think.
I am planning to exit the IT industry and take up drafting (its the only profession I can see myself happy in).
I have over the years been interested in residential renovating (started from being a builders labourer), I am wondering if being involved in the industry also has financial benefits when it comes time to develop?
ie Draftsman develop their own plans and know the building process from a high level, builders know how to build and save costs this way.
My thoughts are, that when an architect, draftman, builder etc walk into a potential development site (low rise single dwelling) they have a greater idea and appreciation of what can and cant be done. Obviouslly there are those whom have learnt these skills over time without working in the industry.
I guess the real question is, do people in these occupations make money on the side using their skill in property investing?
Just want to know what people think.
I am planning to exit the IT industry and take up drafting (its the only profession I can see myself happy in).
I have over the years been interested in residential renovating (started from being a builders labourer), I am wondering if being involved in the industry also has financial benefits when it comes time to develop?
ie Draftsman develop their own plans and know the building process from a high level, builders know how to build and save costs this way.
My thoughts are, that when an architect, draftman, builder etc walk into a potential development site (low rise single dwelling) they have a greater idea and appreciation of what can and cant be done. Obviouslly there are those whom have learnt these skills over time without working in the industry.
I guess the real question is, do people in these occupations make money on the side using their skill in property investing?