Russellwebber replied to the topic Practical advise needed – pls HELP in the forum Value Adding 19 years, 6 months ago
Fundamentally you are asking the wrong questions. Does ayone want to buy what you propose to build?Does anyone want to rent what you build? Does the income generated from what you build exceed the cost to build? This market research is the first step. If the answer to all of these questions is yes, with a 30% buffer to the third question then…[Read more]
Russellwebber replied to the topic Chicken and Egg Issue.. in the forum Value Adding 19 years, 11 months ago
Two suggestions involve seeking seeding finance.
Where else can you get 15% return on an investment? Offer 100 x [y] contracts in relation to your project with a quarenteed return of 15%. Three of these should enable you to seek the finance with a mortgage provider.
Offer a villa at cost price to investors with the proviso that they invest $150K…[Read more]