Rooming House Feasibility Meeting
What is in a Feasibility Meeting?
Around 40 minutes on Zoom, with a member of our pre-construction team. Their role is research and feasibility. It's not a meeting with a real estate agent, and it's not a sales pitch.
What the purpose is
To equip you before you buy. We share our research, resources and costings so you can see the real numbers first, and assess whether you may qualify and whether a rooming house lines up with your financial goals.
It's not about selling you a rooming house. Imagine walking away with a clear yes, a clear no, or a clearer plan, before you've committed to anything. That's how a meeting like this can save you time, and help you avoid costly surprises.
What it can cover
These are topics from other meetings that investors found useful. Some will be relevant to you, some won't, and you lead the conversation, so it's not limited to this list.
Step 1: Financial capacity
- Why borrowing capacity can look so different depending on how a broker structures the loan
- Lending options other investors have explored, and what they learned
- Why not every broker has access to every loan option
- How a rooming house can help or hurt your current portfolio
Step 2: Your investment goals
- What you want this investment to do for you, and by when
- How much risk and hands-on involvement you're comfortable with
- Whether this approach genuinely lines up with those goals
Step 3: What a rooming house really costs and earns
- The full acquisition figures, including the costs that often get overlooked
- The true operating costs
- A feasibility worked through together: real income, real outgoings and a realistic net position
- Why not every rooming house delivers positive cash flow
- How design choices change rent and running costs
Step 4: Before you start researching
- What has worked, what hasn't, and what could affect this space next
- How other investors have done it well, and how others have done it badly
- What to look for and what to ask before you start searching
Picking what to buy and where to buy it comes later, once the steps above point to a yes.
Bring the questions you haven't quite voiced yet. They're often the ones that prevent the costly mistakes. Whether you're new to investing or already have a few properties, you'll get open, straight answers.
Why we do it
Because we prefer to add value where we can, and to help investors do what's right for them. It also gives us the right brief on what to build for you, if building turns out to be your next step.
When people go into this with their eyes open, the journey is smoother. It also lets us build a better, longer relationship, and help investors grow with caution.
Choose a time that suits you
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