his week I was really excited to find a fabulous property that we could add value to.  Add value?…in what way I hear you say.  Perhaps you are thinking through renovation…new kitchen, new bathroom, paint throughout, perhaps a deck out the back or even maybe add another bedroom?  Yes, this kind of work would usually add value to a property.  But actually, I was thinking along other lines and two words had sprung to mind….GRANNY FLAT.

I met with Danielle this week for a coffee. Danielle is a part time town planner and full time to mum to three kids.  I’d met Danielle when she’d asked me about helping her with a medium density development. Then, through some unfortunate circumstances Danielle found herself a single mum.  She couldn’t finance a larger development.  But she used her experience and prowess in understanding the planning process to make herself a cool $70,000 profit from a simple two lot subdivision.

You’ve found what you think is a brilliant development site.  Now it’s time to jump on that roller coaster and start the ride of your life as you commence the analysis process.  Will the project be feasible?  What is feasible anyway?

There are two words that describe why I do what I do; Financial Freedom. My driving desires to build my investment property portfolio and also Property Bloom; my property development project management business is financial freedom.  Not just for myself but for my family.  This drive has come from watching my parents in their retirement.  Whilst they are living in a beautiful part of NSW and own their own home, they are on the old age pension and really struggling to pay bills. There is no spare cash for a holiday or to reward themselves for working so hard all their life, but they are still happy.