All Topics / Creative Investing / Managing subdivision project – Company or My own name

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  • Profile photo of rpequerpeque
    Member
    @rpeque
    Join Date: 2013
    Post Count: 3
    May 5, 2013 - 1:17 pm

    I currently have a house being rented out on a block of land about 900sqm. I am in the process of getting started with the drawings, design for the planned subdivision of my property so I can build a unit at the back. I was thinking whether to have my company as the project manager of the project or my name. Not sure if it makes a lot of difference.

    Any thoughts?

    Thank you,

    Ren

    Profile photo of RPIRPI
    Participant
    @rpi
    Join Date: 2012
    Post Count: 308
    May 6, 2013 - 2:02 am

    Most clients I deal with use a project management  entity that has no assets to do the development.  If you are getting builders to do it all then much less likely you would do that then if you were actually managing subbies etc.

    You should get specific advice.

    RPI | Certus Legal Group / PRO Town Planners
    http://www.certuslegal.com.au
    Email Me | Phone Me

    Property Lawyer & Town Planner

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