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	<title>PropertyInvesting.com | pgoldfinch | Activity</title>
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				<title>pgoldfinch replied to the topic How much would DA add? in the forum Value Adding</title>
				<link>https://www.propertyinvesting.com/topic/4379943-how-much-would-da-add/#post-4513743</link>
				<pubDate>Sat, 30 Apr 2005 06:00:01 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thanks everyone. Your words of wisdom are being gathered and put to good use [biggrin]</p>
<p>~~</p>
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				<title>pgoldfinch replied to the topic How much would DA add? in the forum Value Adding</title>
				<link>https://www.propertyinvesting.com/topic/4379943-how-much-would-da-add/#post-4513739</link>
				<pubDate>Fri, 29 Apr 2005 09:13:11 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thanks Sailesh.</p>
<p>This has been helpful in getting myhead around the &#8216;development game&#8217;.</p>
<p>~~</p>
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				<title>pgoldfinch replied to the topic How much would DA add? in the forum Value Adding</title>
				<link>https://www.propertyinvesting.com/topic/4379943-how-much-would-da-add/#post-4513735</link>
				<pubDate>Fri, 29 Apr 2005 02:11:23 +0000</pubDate>

									<content:encoded><![CDATA[<p>Thanks for that colbert!</p>
<p>We are going to sell and have heard a &#8216;formula&#8217; for investment property developing which goes:<br />
1/3  Purchase, Designs and DA approval.<br />
1/3  Development<br />
1/3  Profit</p>
<p>ie if your total sale of all 8 units = $2.4m then it should cost 800K for the first step, 800K to develop and then your return should be roughly 800K&#8230; how&hellip;<span class="activity-read-more" id="activity-read-more-67859"><a href="https://www.propertyinvesting.com/topic/4379943-how-much-would-da-add/#post-4513735" rel="nofollow">[Read more]</a></span></p>
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