jmsrachel wrote:
Wait till you have kids, you'll go from 3 to 7 days a week lol.

No he won't. Mrs JP will have quads and he'll have to work 8 days a week 19 hrs a day.

thebigo wrote:

I'm buying for a bit of both,

You can't mix sentimentality with investing. It's fatal.. If you want a home you take a hit to the pocket in exchange for a warm fuzzy. You want an investment then the figures either stack up or they don't. 

As an investment proposition this is definitely a walker. Actually it's a runner. I'd…[Read more]

I think you need to tighten these figures up big time. The project looks marginal at best once realistic numbers with some slack are built in. 

$800k per property is absolutely top of the market (with 330sqm land) as is rentals of $650/wk. You need to budgeting at Val's of $700k and avg annual rentals in the $450-550 range.

You have a sliding…[Read more]

dchart wrote:
Sorry off topic, how do I start a question of my own??? I haven't logged on in a while and have a question but cannot for the life of me find where to start one!!

Sorry!! And Thank you!

Go to the appropriate forum page. This will list all the current threads. At the top of the page is a button "Post New Topic Forum"…

They do all the legal and technical work. Engage a construction Co to execute the development but risk is mitigated because units are presold to investor buyers who provide the seed capital. The buyers get a slice of the action for putting up capital and assuming the risk. Win-Win for everyone. 

Technically one could argue all parties are…[Read more]

If you want to be an internet merchant or use the net as an additional channel then you need to understand what motivates your customer and how customers engage with this medium. Without this understanding all marketing and promotion is a shot in the dark and consequently leads to poor performance and inevitable a closing of the business. 

Two…[Read more]

thefreethinker31 wrote:

I guess creating a google page too for my product would be essential?  

See below

thefreethinker31 wrote:

Just another question. Wouldn't people buy more things that they need compared to what they want? Hmm. I guess this would require a long explanation but I guess I'd have to trust you on this one. Thanks The Freckle! 

The buying impulse is far stronger for things you want than things you need. Vegetables Vs…[Read more]

One way you might want to consider to reduce/eliminate most of the risk is to look at Dereks model. If I was going to tackle development again his model would rank as one of the best I've seen in terms of risk mitigation.

Quote:
Derek
NEW Latest Perth JV Project – est $100K profits – http://tiny.cc/hesosw
derek@eosproperty.com.au |…[Read more]

You guys must be genetically predisposed to big cojones.

Every large property developer out there is cutting to the bone trying survive and then there's a few over the last few months who've simply gone to the wall. More to follow by the looks of things. They're discounting like crazy trying reduce inventory levels and keep at least some work…[Read more]

thefreethinker31 wrote:

Gazza21 wrote:
A good way to increase likes/page shares etc is to run a competition, just make sure you're giving away something good enough for people to bother entering.

Actually a competition would be great! That's a great idea to increase likes I guess. Any other suggestions that you think might work? I'm…[Read more]

thebigo wrote:

Should i try and get 10k knocked off the price, and do you think as a developer he would look at the bank val i received, work out the added costs to put the unit back onto the market (without stamp duty savings to the buyer anymore), or should i just cop the 25k and wait for it to recover in time.

Are you buying for…[Read more]

WE have the lowest interest rates around for yonks, the Fed buying $40 odd billion in RMBS every month, a juiced up economy and builders cutting every corner in the book along with lenders.

Sounds like a recipe for another property disaster.

Wouldn't get too excited. Sales are off a historically low base.

steve.t wrote:
I work in the marketing space and every client we have a promotion with as us to build them a like Page. We are currently doing an activation for a major drink company at O Week (university orientation week). One of the key request was to increase likes. Now the reason this is so important is because every like they have on the…[Read more]

Gazza21 wrote:
Facebook is the largest database you'll ever have access to, to market your product.

FB is a rank amateur compared to Google and Yahoo who each have databases that dwarf FB's. FB has about 180k servers. Ggl has 900k+ and a software system called Spanner that makes FB look kinda primitive.

FB is a better social media tool at…[Read more]

thefreethinker31 wrote:
Though I guess it would be self liquidating if my product is worth buying. 

Look at same or similar products and see how others are doing it. Join merchant groups for support and ideas. 

You're product is either needed or wanted. It's much easier to sell stuff that is wanted rather than needed. If you can figure out…[Read more]

thefreethinker31 wrote:
Thanks Nigel! I would definitely consider facebook ads. 

FB has an extremely poor record in ad effectiveness. I wouldn't waste my money. 

You have to do your research on the various advertising mediums and understand what works and what doesn't. There are lots of businesses that will tell you their system is the bee…[Read more]

You need to get your head around marketing and promotion 101. Facebook is simply a location with a sea of billboards. Imagine driving down a road and every 20m is a bill board. This goes on for miles. Somewhere in there is your one. How successful do you think that strategy will be?

When you go to FB your simply duplicating the problem. Now you…[Read more]