Thanks Terry, So it is much safer to have two companies, one for everyday business and other one for investment properties, cars, PROP houses, rather then hold it all under my personal name? This one developer that i know has 3-4 companies, and each company owns 6-7 properties, so this is probably the main reason why he does it. So what happens…[Read more]

Just out of curiosity,  will the bank give you loan of 100k or your cash out (no loan) in her case?

Just construction costs, thats your average cost to build two townhouses approx 150m2 each You keep on mentioning subdivision costs, but i think you will only be able to strata title them in order to sell them separately. To subdivide the land is a complex, costly and time consuming job, and i think you cant do it on that block of land. Im a…[Read more]

It could be anywhere from 120-180sqm What you have is a good size, and as i said its all up to the architect. I've built some properties where i felt sorry for people spending all that money on such a bad design house.

To fit two townhouses you need at least 600+ m2 of land, most councils require minimum 900m2 block of land in order to be subdivided, unless you are in inner city area. But you better check this, if this is your intention. There are heaps of rules and regulations out there, do your figures first, its a night mare. Two townhouses will cost you 450k…[Read more]

Be careful you don't end up like Filip and Nikola Butkovic, thats what they did, vendor finance with no licence, and now they are all over the net.

I would make it 3bed but third bed can be small, as long as you can fit bed in there and small wardrobe it will sell as a bedroom, and thats what counts, but two beds must be good size, dont make them all small.

Trust me property valuers and REA when valuing your property ,they compare how many beds, baths is in there.

I've just quoted a…[Read more]

I would make it 3bed but third bed can be small, as long as you can fit bed in there and small wardrobe it will sell as a bedroom, and thats what counts, but two beds must be good size, dont make them all small. Trust me property valuers and REA when valuing your property ,they compare how many beds, baths is in there. I've just quoted a granny…[Read more]

I would check DA approved plans to make sure that builder has made those changes, it could be that you are looking in Agents plans, or old set of plans which could of been amended. If the builder has made unauthorized changes, than you could argue it, but i would just request extra works to be done in order to accept it, gates, screens, footpaths…[Read more]

Good idea, there is no many books out there with similar topic, i'm sure it will sell well. Its also good for us removalists, the more you scare the owners, the more work we have