Hi,
my ambition to grow my very small portfolio to one of a decent size has been eating away at me for the last few years. I would love to get into the area of subdividing but just don’t have a clue as to where to start.
I have an investment property that I’m thinking of selling which would fund the subdivision adventure.
My plan (which is by no means set in stone) is to sell property and by a block to subdivide 4 units/townhouses on. Rent 1 or 2 and sell the other 2.
Another idea is to build 1 at a time and continue after the sale of the 1st place.
What are the key starting points to this adventure/
Anyone want to comment?