Price to build $850.00 per/sq/m

regards Phil

I would like to see the rates up to 10%, bring it on tomorrow.

Phil

If u sell the land only u will be doing your self out of about $40,000.00 profit ????? hello !!!

philip@residentialwealth.com

Una….. you r only looking at it from your experience, which is limited.

There r theories and there r realities and in practice there is a major difference. Poor people think of gearing in a different way to rich people (top 2%)

To get to the next level u need to think out side the square …

Phil

I have the DVD and presentation on this subject if u r interested …

philip@residentialwealth.com

There are some good and bad points here on a great thread.

Lets look at the strategy of paying cash for the site from a developers point of view. With out writing another book on this subject it simply makes sence.

Investors get returns and developers get rich. You should always try to pay cash for the site to reduce exposure and over…[Read more]

Be patient!!!!!!!!!!

If the numbers don’t work don’t do it.

See an architect.

Pay for advise.

Run it by an accountant.

Be prepared to lose your house if you stuff up.

Resiwealth … Phil

If these people are trying to entice you why not have some fun with them.

I would ask them around for an interview, then get them to sign a letter that they guarantee they have a genuine buyer.

If they say they don’t then tell them you are going to report them to the department of fair trading for “misleading and deceptive…[Read more]

Hi Mike, I’m back … once again mate great reply.

I want to talk to these people when they are 50 or so. To me their answer will be along the lines of why didn’t I invest when I was younger.

These people like so many generations including BB’s, are simply selfish and blame who ever and what ever for their life style. They simply in MHO just…[Read more]

One needs to be cruel to be kind, this is real life stuff if you blow your money its gone forever.

I have been developing for 15 years since I was 25, so yes mates I am hard, for a reason.

Most of you guys on this forum havent been exposed to interest rates over 12%, don’t think it will happen to you??? lets see.

Phil

So why did you buy mate, you don’t make sence to me … buying a property then checking the numbers.

Sorry for being rude but i really don’t think you are for real at all. you architech and accountant could have comfirmed that before you bought.

Give me the address and i will check it out for you oh and the name you bought it in …

Phil

Hi Mike, how was the Whitsundays you lucky dog!!

Love to help,

1. Start small, duplex – triplex – then quad

2. Buy a small acreage (2) then cut it up, now you are a developer.

My second eldest brother was a builder now he ownes 19 motel complexes, all in country towns or city fringe. He got into motels because no one else was in those…[Read more]

Step one: go see a Lawyer.

Step two: ask for a $100,000.00 cash non refundable deposit to be released to you now, if they dont accept you will know if they are full of u know what.

Phil

Take Jennies advise!!!!

My advise is to sit down with a goooooooood lawyer and spend the money NOW its cheaper than down the track, rip up the $100 pre nup kit GO SEE A GOOD LAWYER!!!!!

Phil

Hi Simon good article but!!!

I think she could have bought much better for the same outlay than Jacksons Landing.

This area is suffering badly from the negativity of the casino. Also extreemly high body cor fees etc.

Michael is correct with the 11 sec rule and the estimated growth rate of this area is 4%.

A 2 bed unit in Botanic Cove Hunters…[Read more]

Mate go talk to four architects then you will start to get the drift of what is involved … make notes ask questions etc.

There are lots of experts out there with no experience, at the end of the day the secret of success and making profits is good luck and good timing, its that simple all the rest is BS

Phil

Ring Jamie at Caprice homes they are building 15 houses for me now in QLD, tell her Phil sent you her info from residential wealth pty ltd, good luck.

Why did you buy a property with out doing the numbers first.

First rule in property developing is to do the numbers.

Second rule is if the numbers dont work dont do the development.

Are you for real?????

No just experience, you just have to through it mate … its called the school of hard knocks … welcome to my world, regards Phil

Oh i just noticed that steves name is high lighted but daves isnt, i wonder why???[buz2]