Hi all. I have just joined the forum and will hopefully be around a bit. The jist of my situation is i am pretty eager to get into property development, and have taken some baby preparation steps down the path. Im hoping to get some direction from you guys on whats next. What do I have to learn more about, what should I read, maybe a few basic lists of learn about this, this and this. Theres a big difference between people saying 'Steps 1-20: read, read, read!' and 'Read a few DCP's, find out what Geotechnical engineers do, find out about whats required for a Construction Certificate, learn about exactly how refinancing your current loan works'. First up some background info on where I stand, and then a request for you guys to help fill in the blanks and point a few fingers to sections of the library. I live and work in Sydney. I work in Acoustic Consulting, so I am exposed to the basics of developments as I have to do testing and prepare reports for developers that get submitted to Council. I have a basic knowledge of things like the Building Code of Australia (BCA), each Council having a Development Control Plan (DCP), the basic council approval process (apply for Design Approval, get Council Consent Conditions back, then address issues and apply for a Construction Certificate, then once built apply for Occupation Certificate). I have studied Mechanical Engineering at uni, and just finished a degree in Project Management. This Acoustics role is my First job in the development Industry. In March I bought a property in the Blue Mountains in Sydney. I was looking to use this place as my step into the world of property development. It was structurally sound, in need of a freshen up as fittings remained from the 80's. It is on a downward sloping 1200sqm block with zero landscaping. One or two retaining walls out the back creating one small unused level area. Front yard is also not landscaped that much. So a lot of adding value potential My plan is to keep this house. Mum is moving up there to retire soon. So my intention was to renovate the property myself, get the bank to revalue it (hopefully at a decently higher price), and use the equity I generate to refinance and take me toward starting my first property with the intention to develop and sell. I have had so much fun renovating this house, and have actually moved up there permanently (working in Sydney CBD 2 hours away), purely so I can finish the job quicker, spend more time working on it, all while saving money by not paying both rent in the city and a mortgage on the mountain house. I figure in 6 months time it will have been the wiser plan. Rather than drive, I get the train so I can spend the time reading/learning. SO At this point I am very excited about getting into property development, with the intention of one day maybe doing it full-time, maybe even running a development company doing small jobs. For now, its on the side, like most. I have been putting together a 'cheat sheet' of the development process, but dont know enough yet to complete it. As mentioned earlier, if you dont know what you dont know, you cant help yourself. I spend 4 hours on the train every day now, commuting into the city to work and back. I am keen to build up a collection of things I need to learn and be on top of before I jump into the deep end (I hope to revalue my renovation before Christmas and start my journey then). I might make the next post my current 'cheat sheet' for what I currently understand of the development process. Please guys can you have a skim through, and pull me up on any steps ive skipped or have the wrong way around. I will number everything to make this easier. Hopefully after discussing a few points with you guys, and filling out some of hte blanks, I will have a better idea of what I dont know, and have some direction for my reading on the train Thanks in advance everyone, Attila.