NewbieWith regards Duplex or individual dwellings, part of what I do for a major construction company here in Sydney is feasability studies on sites for commercial and residential applications, you need to do your Due Dilllegence and research the site and area.

The CrestHi there. Do you have one for sale? if so what is the the deal worth, return etc?

Stephen MFirstly I agree with you on the advertised price range issue.A couple of things you need to work through and ask yourself.1. How bad do you want this property, are you prepared to walk away if the vendor does'nt accept your price.2. Has the vendor given you a counter offer of any sort and waht is the difference between your offer and…[Read more]

StephenWhat was the final wash up of your negotiations?

Newbie.For whats its worth, I would be looking at holding, as you stated by the time you have finished the build you will have approx  $200,000 equity. You would have to work a lot of hours to make this sort of money "TAX FREE".Once you have settled into a regular pattern, on one income and a young family, than look at reassesing your position.On…[Read more]