Im only a law student so I cant give you legal advice.

However, you should understand the difference between “Joint Tenants” and “Tenants in Common”

in the shortest possible way and without knowing your individual circumstance, in essence they the type of ownership structure over the asset will have certain consequences.

Most…[Read more]

My apologies as my semantics and assumptions were incorrect.

Suffice to say that all I meant was that the project could be more effort than it is worth.

Properties with easements and other associated restrictions should be, in my opinion, carefully researched and necessary due diligence performed before you put down considerable…[Read more]

My apologies as my semantics and assumptions were incorrect.

Suffice to say that all I meant was that the project could be more effort than it is worth.

Properties with easements and other associated restrictions should be, in my opinion, carefully researched and necessary due diligence performed before you put down considerable…[Read more]

I have read all the posting in response to your question about building over an easement.

The first thing that i woudl observe in the whole debate is the fact that if you are asking a question about permmission to build over an easement you would be a relatively novice developer. This could very well be your first development.

Having…[Read more]

My suggestion is to firstly assess your goals. To do this you should ask yourself question such as:

are you looking for capital growth or cashflow?

How much can you afford?

what areas are you looking at?

etc etc.

I agree with all the above, don’t rush into anything and do as much research as possible

Kind Regards

Luan M…[Read more]

The mortageee / administrator / liquidator of the estate does have the…[Read more]

From my experience I have found that many of these types of property investments have high management, strata or body corporate fees that negate the initial high yeild that you think you will be getting from teh property.

Have a look at the fine print and see how you go.

Also could I ask how much and how large these properties…[Read more]

I myself have purchased properties through options where I have paid $1 for the option fee for upto 12 months. I’ve done this twice and made six figures both times.

L M C
http://www.ampg.com.au

Kind regards

Kabung
http://www.ampg.com.au

I must say I would disagree on the definition you attribute to the term ‘developer’. I thought and its only my opinion that a property developer is anyone who adds value to the property. So I thought that subdividing and constructing basic services would define one as a developer.

But like many have stated in this forum that sometimes…[Read more]

I think the fundamental flaw in your plan is your basic assumption that there will be less developers looking for land in the near future.

I think that is unreasonable to assume, as many developers have what the business community describes as ‘land banks’

I’ll give you an example of a situation this is a real situation and is a chess…[Read more]

My current ones were negotiated through a REA.

Technically there were three (3) contracts covering four (4) blocks (one is a double…[Read more]

Kind Regards
kabung

Kind Regards
Luan

Sourcing the property your self is always the better option but this can be time consuming and difficult. R/E agents will have experience and a better in getting owners to put there property on the market. Like Wrappack says that most agents are not willing to…[Read more]

I agree that I am seeking a cost analysis for my projects. However I don’t see much difference in a cost analysis as opposed to a feasibility study, I assume that the only difference between them is that a feasibility study would incorporate the expected resale value as a revenue amount. Perhaps also that the…[Read more]

yes I agree that they are subjective, I should have made myself more clear in stating that I required an outline of one to reconcile whether I left anything out that one would require.

Kabung

I’ve found that the best source of info is from those who have successfully completed what it is you are trying to complete. Find who would be the person you would most like to emulate and then invite them to lunch somewhere nice with white tablecloths etc etc (make sure you pay).

Alternately call up advertisments from people…[Read more]

The deal that I was posted about earlier was my first ever successful deal, which went a little something like this.

Unemployed and on my way to join the dole que, I walked past and noticed a property in the window of a R/E agent not too far from the centrelink office.

I walked in told the agent that I was interested in the property,…[Read more]

Every time I come up with crazy ideas about developing my Mentor/business coach reminds me of the same thing or rather the same person, Henry Roth.One of the Sydney’s eastern suburbs premier property developer who ironically never built any of his developments. Rather he bought and sold options on properties and at most obtained DA…[Read more]

I have a sizable development in Port Macquarie. It is 300m ,200m and 800m from 3 respective beaches and has panoramic vies from the mountains to the lake to the ocean.

I will be seeking approval for 20 units.

Let me know if you are interested.

Kind Regards