In my experience agents are suggesting to get the property on the market ASAP. Not over complicating things, and missing out on a listing by...
These look pretty good, but I'd encourage you to dig a bit deeper than just the area. For example property type + value add potential. I'd...
The agent doesn't have any obligation to let you know the sale price. In fact, they avoid it if the contract is shaky / conditional. However, the...
This is spot on, the only other consideration for the storm water condition is if the property is battleaxe with common driveway - confirm with...
I'd take the following steps in no particular order: Confirm with a finance broker if you can complete a development... AND what scale. Four +...
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Google is always your friend: "keyword" site:www.propertychat.com.au
2 and a half hours of out-takes
Paul is correct. Also, double check for any special levies and sinking fund...
Do you qualify for the federal Homebuilder grant? If so there is about $65k of free money... If you're wanting to maximise your free cash, then...
An off the self solution has more chance of creating errors because you don't have any basis to check the output. At least by using excel, you're...
HAHA! I don't have a business. To quote a famous rapper, "I am If I wasn't, then why would I say I am..." Just a good bloke providing genuine...
The unimproved land value of stage 2, not the gross realised value of stage 2. Think of it like this, you're cutting up 10x small lots and 1x...
Think you're over thinking things. I know developers bring 300+ lots out of the ground still using excel and manually building cashflows/project...
Private lenders are all up to negotiation... BUT it's common for funders to go to 65% of GRV less GST and sales commission or 80% of the hard...
You'd find in almost all loan documents the bank has a right to request a re-val and equity contribution. BUT practically on a 30 year P&I loan...
Grant money is great, but I'd focus on a solid investment first THEN consider tax deductions / incentives. A few bit of general advice: A PPOR...
When you say unapproved granny flat, does it have a planning approval or building licence or NO to both? You can get structures retrospectively...
I own an agency which managers over 500 properties in Perth. The furnished market has softened for a few reasons: An influx of Airbnb...
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