If you'd done this then you'd already know the answer to your question.
Build and sell house for profit?
- Thread starter jsmoke
- Start date
If you'd done this then you'd already know the answer to your question.
Soldato
Sure, go right ahead in that case.
Caporegime
I mean, the in-law built his extension for the most part, but that's a different ball game
Soldato
Don't forget this is the same person that can't cut a piece of wood straight, and now he's going to buy a plot of land and build a house...
He was asking how to drill a pilot hole in some wood the other day.
I would say you're a good 20 years too late OP, the cost of buying land is now very expensive. By the time you've paid for materials and trades you're not going to have much left over. For the amount of work involved and the element of risk.
Far less work to just invest it.
Permabanned
- Joined
- 9 Aug 2008
- Posts
- 35,707
if it was that easy then everyone would be doing it. Stay off the smoke mate it's clearly effecting your judgement.
Associate
- Joined
- 15 Jun 2009
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- 2,494
I was just about to mention this too.
Someone who needs cutting wood and screwing screws does not immediately strike me as someone who can build a house.
This is the info I'm looking for.
Associate
An easier way to make money is probably to buy parcels of land (paddocks/gardens etc) off of main roads where there has been some previous development, pursue planning permission for years, then sell plot once it's granted.
Seen a couple happen around here recently. Small fields that once had a horse & a shed on them now have a 5 bed detached house.
Seen a couple happen around here recently. Small fields that once had a horse & a shed on them now have a 5 bed detached house.
Permabanned
Theoretically its doable, my uncle has been doing it for years, probably onto his 4th or 5th house now, though he does a lot of work himself now. Biggest hurdle is probably acquiring suitable land as loads of people want to do it.