Hi there was wondering what the interest is like in learning property developing? I have done a course with Bob Anderson which I really enjoyed and would like to talk with others interested in learning Property developing or who are active property Developers. whos out there?
How was bob andersons course. I was thinking of doing it
solid, very good learning material and support with webinars which were Q & A based for months after. Personal Mentorship was very costly and was offered at the end of the course, but if your cashed up and want to have the right supoort I think its worth it for the risk mitigation and what you could get out of it! however I have not done the personal Mentorship only the course and webinars which have all been really good.
Hi John,
We are active developers and investors.
My advice is to do some research and put your toe in the water with a small project. If you haven't gone thru the building process before – simply build a spec house (in the right area where you'll make a few dollars). Praps graduate from that to a 2 unit (duplex site). Put into action what you already know, learn along the way from your first project, keep your ears and eyes open to others (take everything in but not neccessarily apply everything – that where you come in) and apply the lessons from one project to the next.Not every deal needs to be a big deal – we sometimes have a few smaller projects on the go and other times have one larger one. There are no fixed boxes – each project on its merit. Get good at and understand your numbers. Once you have understand the macro factors influencing your market, do a back of the envelope feasibility then work this out in finite detail including scheduling if it looks like a potential project may fly.
All the best
Meg
I love your thoughts Megs. When it comes to investing and developing, we really need not to rush everything. If you want to be a successful investor, focus on one method or system. ” A surfer can’t ride more than one wave at a time. In the same way, a trader or investor will not maximize profits if they switch from one trading system to another, so bottom line you really need to gather more Ideas first, do the research with your plans then create your goal or your system.
All the best
Elea
educatingpropertyinvestors.com
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