PropertyInvesting.com | icarus1 | Activity https://www.propertyinvesting.com/members/icarus1/activity/ Activity feed for icarus1. Mon, 13 Apr 2026 10:44:43 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 be90683896f046a84c769f40f824b3c2 icarus1 replied to the topic Buying at Auction - Name on Contract?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4384008-buying-at-auction-name-on-contract/#post-4539801 Wed, 25 Jan 2006 09:47:59 +0000 The answer for Victoria is yes you have and or nominee at the end of the purchasers name. However there are now serious stamp duty issues with using a nominee clause in Vic and if you are not careful you might be up for double stamp duty. Best to check it out with a solicitor

]]> faee73c8a1b3f98da94f4115ea9f9e2e icarus1 replied to the topic Martin Ayles in the forum No Subject https://www.propertyinvesting.com/topic/4383464-martin-ayles/page/2/#post-4536875 Thu, 29 Dec 2005 04:26:19 +0000 I was always taught that when considering advice ask the following two questions;

1. Who are you?
2. What have you done?

Those that are critical and dismissive of Martin and his approach let me know if you have been more succesful then Martin and if so when you are going to be holding seminars as I would be interested in attending. If not , is…[Read more]

]]> 0fdc428109ceb01953432edbeea5ba11 icarus1 replied to the topic Developing in BERWICK, Victoria in the forum Value Adding https://www.propertyinvesting.com/topic/4383217-developing-in-berwick-victoria/#post-4535499 Thu, 29 Dec 2005 03:56:44 +0000 He was processing the application however his lanscape plan needed a boost so i ended up with having to get a landscape architect involved. My costs were;

$1000 draughtsmen
$1600 sewer plan
$2000 stormwater plan
$1200 landscape architect

That includes the feature level survey. Unfortunately the guy is in the country so cant do stuff in…[Read more]

]]> 3e025446474090fd7f7593d7b426a33a icarus1 replied to the topic Developing in BERWICK, Victoria in the forum No Subject https://www.propertyinvesting.com/topic/4383217-developing-in-berwick-victoria/#post-4535497 Mon, 26 Dec 2005 23:47:53 +0000 I am currently in the process of developing 5 units. I found a builder who’s design i liked got a price from them and then found a draughtsman to site the buildings on the land and prepare the application. The whole process cost $1000 total for the 5 units plus council application fees. Do some ringing around it can be less daunting then you think

]]> 7dd0a0e18cf4a89a7ce703b4ce364fac icarus1 replied to the topic How much to build 3 villa/units? in the forum Value Adding https://www.propertyinvesting.com/topic/4382736-how-much-to-build-3-villaunits/#post-4532818 Tue, 18 Oct 2005 04:53:01 +0000 You will be pushing to get 3 3 br with dlug that are single storey.

An excellent builder in the area is Paulding Constructions or Rodian homes and if you are looking for a good town planner/designer/surveyors call Taylors Development Strategists 95012800

If you speak to them they will give you a good indication of costs. I would of thought that…[Read more]

]]> b7f120123e9a00653f976489ac49e1d7 icarus1 replied to the topic I'm New in the forum Value Adding https://www.propertyinvesting.com/topic/4382592-im-new/#post-4531941 Fri, 14 Oct 2005 02:17:30 +0000 Hi Rayson

I am an REA and only sell development sites. My sites are rarely sold in the local paper, Here in Melbourne we use the Age on Saturday under vacant land or investments commercial. I also do developing so I understand your frustration 99% of REA have no understanding of development and the costs involved and therefore often in their…[Read more]

]]> a3fd565d784cb9a0bca0b85be3b1b37b icarus1 replied to the topic Subdivision and development order in the forum Value Adding https://www.propertyinvesting.com/topic/4382667-subdivision-and-development-order/#post-4532442 Fri, 14 Oct 2005 01:58:59 +0000 The deal is skinny, as it is only 11% margin however the experience you gain is something that cannot be valued.

We all have to start somewhere so good luck

]]> f57b6e2a4ffb03a9821f29707125a60b icarus1 replied to the topic Are there more rules to get 3 on instead of 2? in the forum Value Adding https://www.propertyinvesting.com/topic/4381993-are-there-more-rules-to-get-3-on-instead-of-2/#post-4528251 Fri, 02 Sep 2005 08:23:03 +0000 The rules are the same, work on 400 sqm per unit and check the councils DPO for the area, even if it says that it is okay for medium or high density check that there are no new strategic plans for the area as i know one council where this will happen and those that have purchased will come unstuck. Note a good development site where you will make…[Read more]

]]> 066fe66227ab25fb3c1e1247e89c5dba icarus1 replied to the topic Agents acting in the interests of their vendor in the forum General Property https://www.propertyinvesting.com/topic/4381949-agents-acting-in-the-interests-of-their-vendor/page/2/#post-4527967 Fri, 02 Sep 2005 07:55:02 +0000 I understand that we all want to buy something for less then market value its human nature. However let me tell you why i dont stuff around

1. Property 1 5 unit site i bought at full ask 80k i could have sold it for 125k the day after i bought it however i decided to develop it myself and have already sold 1 unit off the plan. we will end up…[Read more]

]]> 7267ade3a966fbe08049a4d2d22d3c03 icarus1 replied to the topic Agents acting in the interests of their vendor in the forum No Subject https://www.propertyinvesting.com/topic/4381949-agents-acting-in-the-interests-of-their-vendor/#post-4527952 Wed, 31 Aug 2005 05:44:09 +0000 As an agent and a buyer of real estate i can see why you have tales of woe. I sell only development sites and most of the buyers understand that there is no point in playing games. These are seaosoned professionals who do plenty of deals. Sometimes they pay above the asking price…If you were prepared to pay more why didnt you offer more in…[Read more]

]]> de1f59833936e48b72ab929c0ff8347d icarus1 replied to the topic property development in the forum Help Needed! https://www.propertyinvesting.com/topic/4381911-property-development/#post-4527687 Wed, 31 Aug 2005 04:50:36 +0000 Hi Ron
I think it is great that you are looking to do your first development. I have done a few and beleive that when you accomplish it you will realise that property development is fairly simple if you follow some rules

1. Get a good planner if in Victoria try Taylors Development Strategists 95012800
2. If in a metro area use one of the big…[Read more]

]]> a9992d45bbd8b4716e46a817acfc794f icarus1 replied to the topic $400k windfall, what would you do? in the forum Creative Investing https://www.propertyinvesting.com/topic/4380461-400k-windfall-what-would-you-do/#post-4517899 Sat, 11 Jun 2005 04:23:42 +0000 I would recommend a 911 porsche because at 200K an hour down a quiet road if you make a mistake you dont need to worry about what to do anymore some other person will need to work out how to spend your hard earned.

[chill]

]]> 0b2bdc621411dbb25fb12131b82ea8ef icarus1 replied to the topic Subdivisions in the forum Value Adding https://www.propertyinvesting.com/topic/4380658-subdivisions/#post-4519337 Sat, 11 Jun 2005 01:39:14 +0000 Hi fluffy if you are in victoria contact me I specialise in selling land that is suitable for subdivison Its not as hard as it appears but unless you know all the pitfalls it can be risky

Bill

]]> 70ccb8dc8144f0427962f1404f40eede icarus1 replied to the topic qld developments, beginner! Needs a start! in the forum No Subject https://www.propertyinvesting.com/topic/4380528-qld-developments-beginner-needs-a-start-2/page/2/#post-4518395 Sat, 11 Jun 2005 01:35:12 +0000 I think its a shame that some people denigrate others on a public forum and think we are interested. I have never had dealings with Michael Yardney but know plenty of developers and agents that have and guess what, i have never heard a bad word.

I think the individual who posted such nasty replies should own up and put them in writing to…[Read more]

]]> 4cb96cebb36405adcf4b2393f3fd267e icarus1 replied to the topic agent not presenting vendor with offer in the forum Help Needed! https://www.propertyinvesting.com/topic/4380188-agent-not-presenting-vendor-with-offer/page/2/#post-4515703 Sat, 11 Jun 2005 01:20:01 +0000 As an agent and buyer I can see the frustration from both sides. Firstly investors are a high priority in any agency as you would hope that you receive the property back to manage. If a written offer with deposit (needed for consideration to form a contract) is done then only a fool would not present the offer. The agent may fudge the owners…[Read more]

]]> 34b9fca19f3edaaf789837cac1799117 icarus1 replied to the topic Melbourne 2030 in the forum No Subject https://www.propertyinvesting.com/topic/4378792-melbourne-2030/#post-4506969 Wed, 06 Apr 2005 03:59:04 +0000 For those that owned acreage in res 1 land it made them instant millionaires. I sold a property where the owner paid 180K in 2001 and i sold it for 1.35mill six months ago. Council certainly make it hard as they prefer to overturn large unit developments even if their own town planners are supportive

]]> 40ebb9722082c2e692bf20b3331254c9 icarus1 replied to the topic Subdivide or Land already divided? in the forum No Subject https://www.propertyinvesting.com/topic/4379486-subdivide-or-land-already-divided/#post-4511314 Wed, 06 Apr 2005 03:04:21 +0000 I agree with michaels comments, i specialise in selling development sites and i have seen huge developers get caught and do their money if the experts run into touble you need to really know what you are doing i have seen one developer lose over 2 mill to a problem with a growling frog.

good luck
bill

]]> 478d0c5ffe52eafb3a6a3a69038edbc1 icarus1 replied to the topic Problem with RE agents in the forum Help Needed! https://www.propertyinvesting.com/topic/4379520-problem-with-re-agents/#post-4511531 Wed, 06 Apr 2005 02:58:07 +0000 as an agent the best deals i come across get offered to our loyal clients and the ones we have a relationship with. if you have problems with an agent it is because either they dont take you seriously or you have not built up a relationship with them. why not settle on one or two areas and deal with a few agents and tell them to call you as soon…[Read more]

]]> 4958f49d9a04fae3c60c2bad86026c47 icarus1 replied to the topic Frankston hunt - property types in the forum Value Adding https://www.propertyinvesting.com/topic/4378449-frankston-hunt-property-types/#post-4504839 Wed, 06 Apr 2005 02:39:42 +0000 What you should consider is the relative opportunity of each i know the area very well and would say that carrum downs is the most undervalued (note i own an agency in Carrum Downs) call me on 97829977 as i specialise in development if you like
cheers bill

]]> e8e48a9a86707a869d95e2ef969b9aa2 icarus1 replied to the topic Insiders perspective in the forum No Subject https://www.propertyinvesting.com/topic/4379015-insiders-perspective/#post-4508342 Sat, 05 Mar 2005 08:06:35 +0000 No I recently sold 3 properties all in Auckland and am waiting for a price adjustment and then I will buy up big. I tend to be more interested in doing developments and syndications today. I am still positive on the Oz market especially as people are talking doom and gloom If i was to buy out of Auckland my big tip would be whangarei or…[Read more]

]]> 98b30a513af58eddc0e400c573c5c639 icarus1 replied to the topic Is Neil Jenman for real? in the forum Opinionated! https://www.propertyinvesting.com/topic/4378795-is-neil-jenman-for-real/#post-4506981 Sat, 05 Mar 2005 06:09:44 +0000 Neil Jenman has evolved from an estate agent to a trainer and now more of a commentator However he was involved in an organisation that provided training for real estate agents some of it very good and other parts created to provide a point of difference so as to create a commercial advantage for the agents he trained and was involved with. Give…[Read more]

]]> 15cabdadf9e221a1bc7e959a922d17f5 icarus1 replied to the topic Rental Appraisals in the forum Overseas Deals https://www.propertyinvesting.com/topic/4379002-rental-appraisals/#post-4508244 Sat, 05 Mar 2005 04:31:53 +0000 hi i own an agency and we do many appraisals for people who are buying but not through us and are happy to do it as we hope to get the management.

]]> 0e84cf4998fffa6fe6289d8e2024ef24 icarus1 replied to the topic Tokoroa in the forum No Subject https://www.propertyinvesting.com/topic/4378960-tokoroa-2/#post-4507994 Sat, 05 Mar 2005 03:12:32 +0000 When a man with money meets a man with expereince the man with the money ends up with the experience and the man with experience ends up with the money. I was the sales manager and partner for one of Aucklands most succesful real estate companies and as an Australian licensed estate agent who now is back in Melboune running my own show I know a…[Read more]

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