In these changing times, when property investors can no longer count on double digit price growth , many are considering getting started in property development to help them ‘manufacture’ some capital growth.
While property development can be very lucrative, many beginning property developers get themselves into trouble because they don’t know what they don’t know. They step into a potential minefield without doing sufficient homework.
At the other extreme, many would-be property developers don’t even get started because they don’t know where to start. [Read more...]