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Thank you very much everyone for all your posts.
i3ravo, I think that is what I am most looking for, but just have to find good people to do it with because I'm sure there are people out there who will take advantage of someone with minimal experience who is funding a development.
Are there business or companies that specialise in this or is it something that I must go out and find a developer who builds but is requiring the financial backing?
Thanks again.
Many thanks for the advice given.
My business is pretty much running at capacity and I can probably make about 160K p.a. running the business doing 0.5 days a week. I want to use the extra time I have available to venture into something else, and I feel that putting more time into my business will not increase my income really.
I am wondering that if i employed a builder who has experience in building/developing, and he gave me advice on what property to buy, and I paid him to obtain coucil permits and build/develop townhouses for me, that would mean that I didn't need a whole lot of actual building experience.
I'm sure there are some investors that are almost purely financial and oversee and organise for other professionals to do the work on the property etc.
Is this an unrealistic goal that I'm setting myself or is this a possiblity?
What do I need to do to go from a guy with an okay income, to a guy who is ready to buy a house and employ a builder to develop etc?
Kind regards,
GPD
