PropertyInvesting.com | glaucus | Activity https://www.propertyinvesting.com/members/glaucus/activity/ Activity feed for glaucus. Wed, 15 Apr 2026 01:23:42 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e2128ee8a7b96a3a9cfb78977aa46035 glaucus replied to the topic Investment in Indonesia booming land in the forum Help Needed! https://www.propertyinvesting.com/topic/5037467-investment-in-indonesia-booming-land/#post-5042009 Wed, 03 Jan 2018 06:47:16 +0000 We spend plenty of time in Rote. Run a social enterprise project up there..
Steve actually provides some support to us coincidentally enough but I have never touted this on his own site. I see it as cheating. :) We are ever grateful for this support and teaching wisdom he provides.
Over dinner up in Utopia a couple of friends overheard a…[Read more]

]]> 9aa254bbb59e3eec7b1ba0aaa4b43ebe glaucus started the topic Property Developer backing out of contract. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5016235-property-developer-backing-out-of-contract/ Tue, 10 Nov 2015 00:23:21 +0000 Looking for options on where these friends stand on this case..

Developer XcelProperty have exchanged contracts on these 4 blocks which they are advertising expressions of interest on their web site.
Contracts exchanged in March with a 6month settlement. Now settlement has passed, bank valuer came out and costed the properties a lot less than the…[Read more]

]]> 625bdf4b2ff44904f02fdcc7916b27ae glaucus started the topic Property Developer backing out of contract. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5016235-property-developer-backing-out-of-contract/ Tue, 10 Nov 2015 00:23:21 +0000 Looking for options on where these friends stand on this case..

Developer XcelProperty have exchenged contracts on these 4 blocks which they are advertising expressions of interest on their web site.
Contracts exchanged in March with a 6month settlement. Now settlement has passed, bank valuer came out and costed the properties a lot less than the…[Read more]

]]> 66a2590485ed736df79f6b8ddb90cb22 glaucus started the topic Flipping a serviced apartment bought off plan in the forum Help Needed! https://www.propertyinvesting.com/topic/4997441-flipping-a-serviced-apartment-bought-off-plan/ Thu, 04 Dec 2014 02:38:21 +0000 Can I on-sell a serviced apartment that I’ve put a deposit on prior to the development being completed?
I assume yes, so are there any dramas I should be aware of in doing so?

]]> 627c9c24b664e996a58506732b5e1767 glaucus started the topic A question for developers. in the forum Help Needed! https://www.propertyinvesting.com/topic/4996274-a-question-for-developers/ Tue, 04 Nov 2014 12:01:26 +0000 I would like to direct this question to those who have done a development of townhouse or villas before.
A 3 lot block in the fast appreciating suburb of Engadine in the R3 medium density with a FSR of 0.55:1. Max building height 8.5m

What is a fair price for this? Would you pay $3.7M?
45m street frontage with a depth of 61m (2,745m2)

]]> 5e74ce337718ff8b8cd9d8810a177c32 glaucus replied to the topic Investing in Bali, good step or? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403681-investing-in-bali-good-step-or/page/2/#post-4996181 Sun, 02 Nov 2014 12:56:21 +0000 Well James, there definitely is a dollar to be made investing in holiday havens such as Bali. Very big outlay for that good return though, can’t exactly borrow from the banks to lessen the cash down. I have seen friends and others pull in huge rents all the while enjoying life in the tropics.

So, being a bit of a speculator myself I have gone…[Read more]

]]> 44162e08310d58d42c775049c1ff9795 glaucus changed their profile picture https://www.propertyinvesting.com/activity/p/300371/ Sun, 02 Nov 2014 12:23:45 +0000 50674a815773b116d9930b1c6370f41a glaucus's profile was updated https://www.propertyinvesting.com/activity/p/300370/ Sun, 02 Nov 2014 12:22:59 +0000 3b0baca9a0c2af92dbebfd971ac417dc glaucus replied to the topic SMSF leasehold in Indonesia in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405834-smsf-leasehold-in-indonesia/#post-4663570 Tue, 15 Oct 2013 23:01:38 +0000 After 2 years of setting up organisational structures, dealing with various lawyers both in Australia and Indonesia, I am pleased to say our capacity building project in remote Indonesia is taking shape.

Our vision toward the finished result sees a boutique retreat that provides simple but elegant off the grid escapes for families and small…[Read more]

]]> 300ab1eae7c170a76a0fc4fecbb2db35 glaucus replied to the topic SMSF leasehold in Indonesia in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405834-smsf-leasehold-in-indonesia/#post-4663569 Tue, 21 Feb 2012 11:35:19 +0000 Thanks terry,So the SMSF could lease the land and have nothing to do with the buildings? Want to get this sorted before I use my own money on the land.

]]> d23026287bf3a94c2e8f2b74205442b9 glaucus replied to the topic Investing in Bali, good step or? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403681-investing-in-bali-good-step-or/#post-4648089 Mon, 13 Feb 2012 11:13:35 +0000 I was going to invest in Bali around 18 years ago. A half acre at the top of a hill down on the Bukit peninsular for approx $5,000 Australian dollars. I didn`t but quite a number of Westerners did. These days they are sub-letting the land for around $13,000 per 10mX10m square: called an ARE. So, how many 10X10m squares can you fit in half an acre?…[Read more]

]]> 4d486c4b3de89c88c82e1727fadfdfc5 glaucus replied to the topic Funding a resort in Indonesia in the forum Commercial Property https://www.propertyinvesting.com/topic/4401252-funding-a-resort-in-indonesia/#post-4632160 Sun, 26 Sep 2010 12:40:21 +0000 I would be more than likely using Venture Capital to fund the start-up. The momentum generated already among my network may find that there`s room only for companies to invest using this as a philanthropic investment as it`s also building up the local community. The humanitarian dollar if you like.  Hopefully!!Any thoughts on off the plan SMSF…[Read more]

]]> 1536928a2b58b8e639eba876e2dfea7b glaucus replied to the topic Investing in Bali? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400590-investing-in-bali-2/#post-4628233 Sun, 19 Sep 2010 11:00:13 +0000 I couldn`t find a thread to post my question so I`ll do it here.To answer the initial one though, if you have a trustworthy Indonesain friend get the hak milik title in their name and see a notary to absolve them of any ownership in the contract.My question is,  I have land in Indo somewhere and am in the process of seeking some private…[Read more]

]]> fa0be9958d570017c79cfa79178f5fe0 glaucus replied to the topic Michigan Property Market in the forum Overseas Deals https://www.propertyinvesting.com/topic/4399238-michigan-property-market/#post-4620121 Tue, 06 Apr 2010 12:08:26 +0000 Hi there Jason,this reminds me of my only fateful attempt at the Detroit property market.Our venture ended up with this pair http://au.todaytonight.yahoo.com/article/5537392/general/hung-dry eventually taking us for a ride to the tune of $50K. I wonder if you have ever come across them with you involvement in Detroit Jason.Maybe a co. by the n…[Read more]

]]> 004cda22ac2ef57cc7be362f010faa9b glaucus replied to the topic Park trent properties group in the forum The answer is no.Had https://www.propertyinvesting.com/topic/4393273-park-trent-properties-group/page/3/#post-4587767 Tue, 27 Oct 2009 03:34:08 +0000 The answer is no.Had dealings with PT?Check your contracts, is there any signatures from the actual people you dealt with?The licensee is a phantom.

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