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  1. #1
    Join Date
    Nov 2003
    Location
    melbourne
    Posts
    361

    Default Have you considered Property Development?

    As you would be aware most people know that property is a great and safe way to create wealth.
    The only way to buy property at a wholesale price is to develop it. However, most people do not have the expertise or time to do this successfully. At Property Know How we have developed a team of some of the most professional people in Australia to make your clients dreams become reality.
    So imagine being able to invest as the developer and receiving the development margin in some of the best projects available. You can achieve this by having a team of professionals working on your behalf.
    Well imagine no longer. At Property Know How we search throughout Australia to find quality projects located in first class locations in many of our inner city areas of our major cities around Australia. We place the investors into the projects so it makes funding far more readily available. Let’s look at the advantages.
    • You own the development- We manage it on your behalf.
    • By being involved from the beginning you benefit directly.
    • Team of first class professionals to manage the project on your behalf.
    • You will be mentored and educated throughout the entire process.
    • Having the choice of taking direct profits or acquiring quality property with a large amount of built in equity from day one.

    THE OPPORTUNITY
    Since the financial crisis began in 2008 funding has remained tight. Funding for construction has become very difficult with many developers being required to have 100% presales before the bank will even look at funding.

    We also know that many investors like to try their hand at development. It is common for investors to look for large house blocks that could have the backyard subdivided. Or they may look at developing a 2 or 3 unit site. Rather than competing with other investors and smaller builders, we bring like-minded people together providing the opportunity to acquire a larger development project that provides a higher level of profit for the investors. A win-win opportunity.

    THE PROCESS
    By bringing together like minded people, who either want to improve their net position or are looking to become involved in development but do not have the time or knowledge and in most cases the financial resources to do this on their own.
    Then through suitably qualified professionals we establish a structure that will acquire a project.
    Nigel Kibel
    Property Developer and education for NZ Australia and the USA
    www.propertyknowhow.com.au

  2. #2
    Join Date
    Jul 2011
    Location
    Tauranga
    Posts
    2,009

    Default

    As you would be aware most people know that property is a great and safe way to create wealth.
    Maybe you should tell that to all the people who have gone bankrupt /mortgagee sales??

  3. #3
    Join Date
    Dec 2010
    Location
    Auckland for work, Counties Manukau for home
    Posts
    1,110

    Default

    Property development is seriously risky business. I suggest there's good reason why a developer might try to shift to a mentoring role rather then doing developments themselves.

    Not saying don't, but this "property is a great and safe way to create wealth" pap in the opening line bears no resemblance to the considerable risks of property development.

  4. #4
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    5,108

    Default

    Nigel, this sounds exactly like the Blue Chip model to me. And we all know what happened there.

    So in this case, you guys find a development ready to go which the current owner doesn't want to do (1st alarm bell), then don't do it yourselves because charging a fee (actually it sounds like a whole raft of fees) is less risky, easier and probably more profitable (2nd alarm bell) and then sell that to some poor sap who takes all the risk and pays all and sundry for doing so (third alarm bell).

    If someone knows what they are doing development-wise, they wouldn't need to go though a middleman like you, and if they don't know what they're doing, then they shouldn't be doing it.

    Edit: The post above by Nigel is a cut and paste off his website: http://www.propertyknowhow.com.au/in...t-development/
    Last edited by Davo36; 15-10-2012 at 12:00 PM.

  5. #5
    Join Date
    Jul 2011
    Location
    Tauranga
    Posts
    2,009

    Default

    That explains why all his posts needed editing.

  6. #6
    Join Date
    Nov 2003
    Location
    melbourne
    Posts
    361

    Default

    This is not correct. Firstly I am not a middleman. I developed this model to make it more profitable for clients.
    The people are put into a unit trust. They own the site
    The can take there returns in Cash or equity it there choice
    The project are quality projects and we guarantee the construction loans.
    Finally the profit we discuss with our partners goes to them before we make a cent
    I would suggest that before you rubbish what I am doing understand the facts.
    I teach people to do due diligence and would expect people do do this before investing with us
    Nigel Kibel
    Property Developer and education for NZ Australia and the USA
    www.propertyknowhow.com.au

  7. #7
    Join Date
    Jul 2012
    Posts
    179

    Default

    You can't really blame the cynicism powerbroker, development is a great way to go broke in NZ, Australia and the USA. A property investors forum is hardly the place to be touting for business, we are (many of us) looking for SAFE ways to create wealth through real estate not GRQ dangerous models.

  8. #8
    Join Date
    Nov 2011
    Posts
    448

    Default

    Thanks for sharing, but property development is too risky for me. I prefer old fashion ways and just invest in property.
    Mattinvestor is an enthusiast of property investing and personal finance

  9. #9
    Join Date
    Mar 2012
    Location
    London
    Posts
    71

    Default

    Quote Originally Posted by mattinvestor View Post
    Thanks for sharing, but property development is too risky for me. I prefer old fashion ways and just invest in property.
    We often hear, high risk, higher return...A person should develop property along investment in it .Take challenges and you can win in life.

  10. #10
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    5,108

    Default

    Yes but you can also lose. See this thread:http://www.propertytalk.com/forum/sh...nd-New-Zealand

    I bet the people there wish they hadn't gone for a development!


 

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