This is a bit of a personal update as much as it is a review of progress. Keeping in mind that this is a property development adventure, an experiment, sometimes it’s not possible to provide clear advice for your own venture. Sometimes I’ll have to report honestly what is happening with me and let you…
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Choosing a Property to Develop for Profit – The Reality!
In my last post I talked about the Purchase Decision Framework – a set of criteria that would help identify which properties had the potential for development by looking at approximate figures for key factors. These included purchase price, buying and selling costs, renovation costs, selling price and desired profit. On paper at least, it…
Property Development Purchase Decision Framework
When trying to find properties that might be suitable for development, there are a bewildering number of resources available to you. I found myself drowning in information and ending up either making no decisions, or taking far too long to settle on anything. Given the number of properties that you have to wade through, this…
Property Development Partnership Agreement
If you’re developing property with other people, then it is important to have a legal agreement in place just in case things go wrong. Obviously you wouldn’t enter into business with someone you didn’t trust – but sometimes things don’t turn out as intended, and when that happens, having a contract can make things a…
Property Development Adventures Begin Here
Today is January the 1st 2010 – the start of a new year and a new adventure. The goal… To try and make £100,000 profit (i.e. double the initial investment) in a single year as a complete novice! The reason for the blog… The purpose of this blog is to track progress in my new…
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