Even if you were to get a DA approval and onsell the project, you still need to ensure that the profit margins stack up for the eventual developer based on the design that you get approved.

In this scenario, you still need to be…[Read more]

Unless you have money to invest during a mentoring programme, you probably aren't going to get the most out of it. A lot of the value is in having access to experienced people to assist you with investments at the time you are making them.

I started small and recommend the same for anyone else as well.

I have created a series of videos which cover the types of developments that I would suggest you start out with (and how to use RP Data to find them)
1. 2 lots on 1 title http://www.youtube.com/watch?v=perF03avcZw
2. Corner blocks…[Read more]

I have created a video series exploring some of these opportunities, this is the first one http://www.youtube.com/watch?v=perF03avcZw

Note that the website mentioned in the videos won't be live for another…[Read more]

I have sent you a PM. The opportunity to join is available on an ongoing basis.

I can now also offer a free 3 day trial for anyone who is interested, just PM your email address and I can set it up for you.

Cheers,
Matt

I'll send you a private message with the full details including subscription price options, which are significantly lower than the normal rate you would pay.

Cheers,
Matt

Its normally around 65% GRV and net of gst, also based on the valuation…[Read more]

Do your numbers include interest payments and gst on the sales?

Set it at Standard Variable Rate for your bank plus x%. In the deal that I have, it is 1.5% above the SVR of my bank.

Make sure that the borrower gets independent legal advice from someone…[Read more]

Just check that the deposit is non-refundable. Some of the options strategy gurus advise their students to offer deposits that are fully refundable if they don't proceed.

Obviously get…[Read more]

Here is an example http://202.131.91.250//newsearch/designs/details.aspx?LID=3150PHC9&DID=DC6001

Can you run the easement down the length of a driveway, in which case it won't impact you?

18m is a decent width and you will still have a large 800 sqm block to work with. Unless they are building a mansion, it shouldn't be an issue. Plenty of building plans will fit on ~15m…

My site is being built by a professional developer and SEO expert, so should be fine. Good to know the options.

Cheers,
Matt

It is also open for more subscriptions, if anyone is interested now or in the future. Just send me a message.

Everyone who has paid should now have received their login instructions and email direct from RP Data to create their username and password.

Cheers,
Matt

We are starting this group from 1st April, so if anyone else is interested, send me a PM for further details, as it isn't too late to join.

Cheers,
Matt

I have several developments in Gladstone. In Central Lane, that sounds like it could be too low density and the council may not approve it. Depending on the exact location and block size, you could be getting as high as 1 unit for every 100 sqm of land and 4 or more stories.

If you drop me a PM with your email address advising the street…[Read more]

I have been in similar situations and did some research into which valuer gave the best valuations for that type of deal in that suburb. I then went with a lender that used that valuer on their panel.

The difference…[Read more]

Just run the numbers and see which works best and that you can get finance for. The…[Read more]

What sort of rental yields do you pay landlords and what do you rent them out for?

Do you normally furnish them also?

What do you mean by "maintain" property? Does this include repairs?

I'm not aware of this strategy being used in Australia. 

I bet she now also receives a decent chunk of money from the taxpayer to assist in maintaining the lifestyle to which she had become accustomed.

The whole system is screwed up. 

In remote smaller towns, construction costs are often high and i would be surprised if the end valuation would justify the cost at current market prices and get enough profit…[Read more]

While there are some overlays for things like wetlands, the process that council has been through to…[Read more]

My website will provide a number of free introductory lessons in property development, and if people like what they are receiving, they can subscribe for a full course, with a number of tools and templates.

I am looking to provide enough information to people to determine if developing is likely to be the right wealth creation vehicle…[Read more]

It depends on the zoning of the property, this will be what determines the density of what you are allowed to build. You need to check with the local council, or a town planner or architect/building designer who works in the area should be able to advise you.

You can definitely fit 3 x 2 storey townhouses, but single storey villas will…[Read more]

I love the type of build you are doing, that is the same as i did for my first development. Being able to retain the existing dwelling really…[Read more]

If it was in Yen, you want to make sure that you obtain the loan when the AUD is much weaker than it is now.

Could be your lucky day. I am going with 2 of my investors over that same weekend. Just sent you a PM.

Cheers,
Matt