I’ve been researching methods of financing a small property development in the Hervey Bay area of Qld and don’t know where to find investors who will take on seed funding of the development.
I’ve studied a lot of the Angel Investor networks and for a fee of $500 upwards, you can try your luck but like most places, there’s no guarantee of…[Read more]
Thanks Steve, but as i said, I’m a retired chartered accountant so i have to leverage off someone else. That’s why i asked for a mentor or guidance.
Anyone had any success with angel investors?
Thanks Steve. I’ve been away.
Never having done developments like this before i’m at a loss and out of my depth.
As a retired FCA with international marketing etc, the planning, costing, budgeting, marketing etc are the easy bits.
Finding an investor is the tough bit.
Ideas like ours is worth a fortune once finance is approved but until then it’s…[Read more]
Thanks for your input Steve. All comments and suggestions gratefully received.
I’ve had meetings with many a town planner – here’s how they go –
“$10,000 paid in advance to lodge your Section 242 Preliminary Application. $15,000 to lodge your full application for MCU and compliance with all Codes, 50% up front BUT if the Council comes back with…[Read more]
Yes Cory, 100 to 250K is enough to take it ready to sell off the plan.
Remember this is an eco-village and does not entail most of the normal costs of subdivided developments.
A CTS will bypass all that.
Once we get it to pre-sales, 1/2 acre for $35K or house and land for $150K+ should sell quickly.
I note you are a funder.
What do you know about…[Read more]
Howard (Hervey Bay) Eco-Village
Does anyone here know where or how to find people who can advise on new off-the-grid developments, on Council “preliminary approvals”, on where to find investors, and how to sell off the plan.
I have 56 acres and all the paperwork for a 56 house eco-village development.
The “Angel Investment” sites are a waste of…[Read more]
HeatherJ and group, i’m on the other end of the beginning cycle.
I’ve spent 9 months creating a full scale working model for a small scale (178 houses) eco-village in the Hervey Bay (Qld) area and trying to find people who will partner with me as an investor to begin the development.
I can pay $500+ to join an angel group (been there) or try these…[Read more]