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Author property development
Jason
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Registered: 5th Aug 03
Location: Northern Ireland
User status: Offline
9th Dec 04 at 17:41   View User's Profile U2U Member Reply With Quote

im extremly jelous of my parents

they jus made £220,000 in profit alone not total sale!! in the space of a year building our house and there going to do it again then build our final house and retire

i wish i had huge capital

anyone on here buy n sell house's??

[Edited on 09-12-2004 by Jason]
antonOO2
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Registered: 17th Sep 02
Location: Midlands
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9th Dec 04 at 18:11   View User's Profile U2U Member Reply With Quote

going into it late next year been saving the initail capital for a while now .My dad owns a company that manufactures windows,doors conservatories.He employs a builder.My uncle is a plumber and mate is an electrition.Ow and me cousin fitas carpets
Red_SXi
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Registered: 23rd Sep 02
Location: Dunstable Drives: 52 Plate BMW 3 M Sport Coupe
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9th Dec 04 at 18:11   View User's Profile U2U Member Reply With Quote

Yeh i'm hoping to go into it too
AK
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Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
9th Dec 04 at 18:11   View User's Profile U2U Member Reply With Quote

market is going to be saturated...
antonOO2
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Registered: 17th Sep 02
Location: Midlands
User status: Offline
9th Dec 04 at 18:14   View User's Profile U2U Member Reply With Quote

yes saturated but for the prices that i can double glaze,add a conservatory,plumb etc.The conservatory and windows are at raw material cost
nik
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Registered: 19th Jun 00
User status: Offline
9th Dec 04 at 18:14   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Adam Kindness
market is going to be saturated...


Exactly what I was going to say, there are loads of big time buyers about there who sell/rent their propertys. I know of a few people who own 20+ houses and who have sold loads and made a packet. Unfortunatly it's now a difficult market to break into as everyone has seen the potential!
AK
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Registered: 5th Jul 00
Location: Aberdeen City
User status: Offline
9th Dec 04 at 18:17   View User's Profile U2U Member Reply With Quote

i think its more of a fashionable thing to do just now.... a 'cool' job title if you dont like the real one....

One of Fee's mates was seeing this right 'plonker'. He said he was a property developer.... hairy muff

He was helping his dad do up a run down shop in an awfull area of edinburgh. They still havent sold it. This guy is 30 and works in telesales :/

go figure
Jason
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Registered: 5th Aug 03
Location: Northern Ireland
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9th Dec 04 at 18:17   View User's Profile U2U Member Reply With Quote

i know where u lot are comming from but the market my parents are in is high end house's lol this one id say is the nicest in town and the roads full of doctors etc etc

high end market is where the money is not developments!!
nik
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Registered: 19th Jun 00
User status: Offline
9th Dec 04 at 18:18   View User's Profile U2U Member Reply With Quote

nik
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Registered: 19th Jun 00
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9th Dec 04 at 18:19   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Jason
i know where u lot are comming from but the market my parents are in is high end house's lol this one id say is the nicest in town and the roads full of doctors etc etc

high end market is where the money is not developments!!


True thats where the big money is but money can be made from letbys etc and sales on a smaller scale. Lot of hassle though if you don't have the contacts like anton has
Jason
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Registered: 5th Aug 03
Location: Northern Ireland
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9th Dec 04 at 18:21   View User's Profile U2U Member Reply With Quote

£220,000 isnt a bad wage for one year (time it took to build and sell)

next house will be bigger hopefully get around the same or more at it
antonOO2
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Registered: 17th Sep 02
Location: Midlands
User status: Offline
9th Dec 04 at 18:21   View User's Profile U2U Member Reply With Quote

Well its something i have always wanted to do .Im a trained accountant but not ready for a 9 to 5 in the office just yet.
Jason
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Registered: 5th Aug 03
Location: Northern Ireland
User status: Offline
9th Dec 04 at 18:22   View User's Profile U2U Member Reply With Quote

if u can get £80-100k scraped up either buy gorgeous country sites with planning or v nice house's in a well sought after development
Phil321
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Registered: 10th Mar 01
Location: Manchester
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9th Dec 04 at 19:37   View User's Profile U2U Member Reply With Quote

You'll never lose on property but there are better returns at the mo.
CRB 553
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Registered: 5th Apr 02
Location: NE Drives: Punto GT
User status: Offline
9th Dec 04 at 19:55   View User's Profile U2U Member Reply With Quote

any1 heard of Dysart Developments?
MatG
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Registered: 26th Apr 02
Location: Birmingham UK
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9th Dec 04 at 20:32   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Jason

high end market is where the money is not developments!!


So very wrong!!
Phil321
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Registered: 10th Mar 01
Location: Manchester
User status: Offline
9th Dec 04 at 20:55   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by antonOO2
Well its something i have always wanted to do .Im a trained accountant but not ready for a 9 to 5 in the office just yet.


How did you train if you haven't done the 9 to 5?

You need 3yrs experience to qualify???
J da Silva
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Registered: 10th Apr 03
Location: The FACTory
User status: Offline
9th Dec 04 at 21:19   View User's Profile U2U Member Reply With Quote

They have their heads screwed on Jason, most self build companies will charge you 90k or so to build you a house, where as I built mine for 40k and the land was 55k, on sandstone with already plots there so didn't need planning.
antonOO2
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Registered: 17th Sep 02
Location: Midlands
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9th Dec 04 at 23:01   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Phil321
quote:
Originally posted by antonOO2
Well its something i have always wanted to do .Im a trained accountant but not ready for a 9 to 5 in the office just yet.


How did you train if you haven't done the 9 to 5?

You need 3yrs experience to qualify???


part time work but i realised from that ,i dont want to be in an office just yet
chr15barn3s
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Registered: 5th Oct 03
Location: Farnborough
User status: Offline
9th Dec 04 at 23:06   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by VenomTurbo
They have their heads screwed on Jason, most self build companies will charge you 90k or so to build you a house, where as I built mine for 40k and the land was 55k, on sandstone with already plots there so didn't need planning.


did you build it yourself? id love to be able to do something like that but im no good at these things
Jason
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Registered: 5th Aug 03
Location: Northern Ireland
User status: Offline
10th Dec 04 at 14:31   View User's Profile U2U Member Reply With Quote

yea self build is the only way.. lota graft but u cant be bad to the wages in the end

 
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