In 2012 our intention was to build a high yielding property portfolio for ourselves. We had the knowledge, the building experience and the funds. Fait accompli.
We scoured the internet, met agents, view properties, drove the streets and knocked on doors. No matter how many properties we viewed, the yields just weren't there or the purchase values were beyond reasonable. The only way was to find land at below-market prices.
Our greatest resistance would become the biggest opportunity. You can't buy what isn't being sold. By 2014 we had identified that the obstacle was the way. If we partner with landowners and help them make better returns, we all benefit. We reduce our risk and improve our leverage. They increase their profits with the guidance of an experienced team.