EP 128: Why You Should Be Developing High Cashflow Residential Projects
Whether you’re looking for some extra income or want to take your property investments to the next level, developing high cashflow residential projects may just be the right thing for you! But where do you start, how do you get the ball rolling?
For starters, location is everything! The success of your investment heavily relies on the location and could make a difference in attracting tenants and maximising your returns. It’s also important to start small and grow over time. High cash flow projects may not be the starting point for everyone but if you start small and work your way up you can maximise potential growth!
In this week’s episode, Bob and Hilary talk about why you should be developing high cashflow residential projects. They explore the different types of projects that can provide a steady income stream and also highlight the importance of cash flow in property investments. Jump into this week’s episode and discover the strategies that can help boost your income!
Episode Highlights:
- Bob’s tip of the week [01:23]
- What was the reason for this week’s podcast topic? [03:18]
- Is there a tipping point where someone may keep a project? [05:57]
- What would be the negative side of keeping properties? [08:25]
- Student accommodation [10:39]
- What is the difference between student accommodation and rooming houses? [12:29]
- Holiday accommodation [19:18]
- Using a duplex as an airbnb [22:55]
- Are there strict rules around rooming houses or student accommodation? [25:12]
- Developing motels [26:39]
- Breaking down the land lease vs the non land lease [29:43]
- What is the yield for a retirement village? [33:43]
- Reminders [44:33]
To contact us about Property Development and how we can help you, click here:
https://www.propertymastermind.com.au/schedule-an-appointment/
Or email, admin@propertymastermind.com.au
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EP 163: How To Pick The Right Builder Part One
EP 162: Why Effective Time Management Will Make or Break Your Property Development Profits
Kind Words From Our Students
Danny Mourani, NSW
"I loved the course."
I loved the course. It had all the info and more to put myself into a position to look at developing property full time.
Jason John Byron
"I know that you have changed my life"
Just wanted to say a huge thanks to the team. They guided me to where I am today launching my 6th development. I know that you have changed my life. It launches today and I am grateful to all that have helped me get there.
Nuwan Fernando
"Now that's what you call accelerated learning!"
When we first met Bob, we had no capital to do our own projects nor much previous knowledge about property. With Bob’s teaching and guidance, we are now well into our first project in a no money down deal which was crafted from Bob’s amazing creative strategies playbook. We are now developing property for profit without ever having owned property prior to this. Now that’s what you call accelerated learning!
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