Money is a driving factor in our daily lives. Whether we are trying to make money or if we are needing to spend it. With property development, it could be a little overwhelming because everyone wants to make the most bang for their buck but don’t let the fear of money stop you from continuing or even starting your journey.
Whether you’re looking to build a single or double level, maybe a four pack or a townhouse. Each development has its own pros and cons to developing. Learning what to take into account and how to crunch the numbers is part of the process to know which development will make you the most money.
In this week’s episode we talk about which property development makes the most money. We dive into the different types of property developments, things you should take into consideration when deciding on what kind of development you want to pursue, and generally what has the best ROC. So if you have been contemplating which development suits you, you won’t want to miss this week’s episode!
Episode Highlights:
- Future events [02:23]
- What are people not taking into account [06:09]
- What developments have Bob done and not done [07:28]
- Generally, what has the best ROC? [08:50]
- What is the difference with building time on a single and double level [13:18]
- What other margins [15:56]
- What about larger subdivisions [17:41]
- Next on the list [22:50]
- What’s the payoff with student accommodation [27:03]
- Recap [36:07]
