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Australian Residential Property Development for Investors by Ron Forlee

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Conclusion

Whether you decide to be an investor or a developer of residential property you will face an associated risk and reward. The question you have to answer is whether the reward is commensurate with the risk. The choice you make will depend on a number of variables, such as your age, current career, financial position and taxation status. Each individual will have their own special financial and investment goals. For example, an older person nearing retirement may simply be looking for a steady income from renting a property and be not overly concerned with capital growth. A younger, more motivated person may look to capital growth in the shortest space of time and be prepared to take a bigger risk. If you are financially fairly conservative ...

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