Throughout my life I have been very interested in housing and niche property developing. Houses are great because they serve people over their lifetimes, giving shelter, one of humanities most important needs. I noticed property people were successful, they had the latest cars, nice houses, worked from their homes and seemed to be very happy.

Their children went to good schools and they talked about there next overseas holiday, these were the things that I only dreamed about. I watched my dad in building our family home in the Gold Coast Hinterland, doing most of the work himself.

Learning from this, I later built two homes the same way using these niche property developing skills, one for myself and one for my sister, saving thousands of dollars. Back in 1990 My own home overlooked the lights of Surfers Paradise, the home cost $40,000 to build and the land was $30,000 a total of $70,000 for the home and land.  About two years later I sold the home for $175,000 taking a fantastic profit and from that point on I was hooked, never lost sight of the fantastic opportunity that Niche Property Developing can be.

I suppose that the industry just rubbed off on me because of my circumstances, realizing that not all people can have the same experiences.

You will find in this book the inside knowledge and methods for making money by Niche Property Developing. This information I have learned the hard way experimenting and testing all through my career.  My building company has over the years been involved in thousands of new home construction projects, won lots of building awards and is currently in the top 10 building companies in our country.  Our clients range from new home buyers to major investment property groups.

The following book has been prepared as a guide and reference of my experience , Niche Property Developing over the years.  It is my goal to pass over to you all the knowledge necessary to allow you to be successful in Niche Property Developing.

Its well documented that residential property is by far  the best investment even banks  know this that’s why they will lend you up to 90% or more of the purchase price . If you just take a look at the data that comes from research companies in Australia like RP DATA you will see that the biggest industry is the building industry by far and with in that industry the Residential Property is by far the largest. Why is that ? Well there is a number of reasons but the biggest one is we have a population growth that is out stripping supply.

The Australian Government sees this happening so much so they have introduced a new incentive for the investor market called  { NRAS for short } they want up 50,000 houses a year built through this new program. I will be writing about this in next weeks article but in short they are going to give the Investor money to create a positively  geared Investment Property. You have heard the saying that the best Investment is { Brick and Mortar } well I want to add to this and tell you that land is the best investment land appreciates and building depreciates but to give you a return from that property its best to put a house on so you can collect rent and also the deprecation which comes form the tax’s you pay. When looking for an “Investment Property” make sure that in the house and land package that 30% or greater of the price is made up in the land. If you look back over history  you will see that even with the dips in market cycles that property still show’s the best return. The other powerful principle at play when investing in Residential Property is leverage for example if you buy 6 homes over 10 years at 8% capital growth that will equal.

Net Assets $ 3,780,000 with a positive income from rentals of  $109,200 per year. Remember the bank has lent you most of the money to buy these properties so you have also leveraged off the banks as well and the tax man has also helped you out.

Lets take a look at why we should invest wether it is the share market, property or some other kind of investment idea. Investing is tricky and it takes time to see our investments grow. So why should we invest well that’s quite a simple answer for me I want to build wealth so I can have a lifestyle that can give me both time and money to do the things I want to do like travel with my family live in the home I want to live in send my children to the school that my wife and I have chosen and also have money saved so if I want to just simple buy something when I want to I can. Also when it comes time for me to retire I have developed wealth and don’t have to rely on the government to live.

So the question for you is what do you want for your life have you got your goals written down so you have a road map for your life.Over the last 30 years of business I have found that one of the most important keys to success is having a written list of your goals that you want to achieve and also have a date of when you want to achieve those goals by. Over the next few months I will be sharing with you the keys that I have used to build successful businesses and wealth its not hard it just takes time, skills and knowledge. The key for this week is the word knowledge don’t be afraid to learn and then try something new its very easy to get locked into a mind set and as we get older think that we cant start something that we don’t know any thing about.With the internet, web sites and blogs it much easy to find the information today than it was 15 to 20 years ago.

Bookmark my blog so you wont miss out on this important information as I reveal keys to building wealth.

Also how to  find property locations that will achieve excellent Capital Gains.

I have just created my blog to help educate people in the Australian Property Investment market on what to look for when you are trying to buy an investment property. Also what are the secrets behind selecting the right area to help get the best Capital gains on your investment property.

Just because property is cheap in one location this  does not make it a good investment property.There could be a number of factors working against you with out you really understanding the fundimentals.I will be showing you the keys I use when looking for a development property which is very important  for development.