Property Development
Property Development ... getting started
Never forget that you are a property developer - not a property speculator.
If the market prices keep increasing then that is an added bonus and very welcome. However, follow the lead of the professionals and never bank on the market increasing. Always expect prices to be the same 6 months after you've renovated the property.
Never forget that you are a property developer - not a property speculator.
If the market prices keep increasing then that is an added bonus and very welcome. However, follow the lead of the professionals and never bank on the market increasing. Always expect prices to be the same 6 months after you've renovated the property.Property Development
Property Development ... why?
Make money without risk!?!
Take a £80,000 flat - spend £20,000 renovating it and sell for £120,000k - make £20,000. Remember if you live in the flat as your home - then the profit becomes tax free. To make £20,000 tax free you would have to earn £30,000 in a job.
Good result, hey?
Make money without risk!?!
Take a £80,000 flat - spend £20,000 renovating it and sell for £120,000k - make £20,000. Remember if you live in the flat as your home - then the profit becomes tax free. To make £20,000 tax free you would have to earn £30,000 in a job.
Good result, hey? Property Investment and Property Sourcing


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Property Development... bringing out your inner negotiator
Faced with a dispute with your contractors, it's so easy to fly off the handle and lose your temper. Bring out your inner negotiator, however, and you'll stay in control and get what you want.



