Hi mate been through this. You will need to pay stamp duty and will not be exempt. But look at it this way, you are going to be saving a mint by...
Thanks, the permit ready website has more stock to choose from compared to the sites you listed. The website's been around for a year and growing...
I take it this site isn't very popular. My agent advised to use it to sell a development site I have but I wasn't convinced if it would reach...
houses or blocks with development potential permits in place or potential to develop, anyone used this site to sell or buy? Search Property
Goal B could be done in less than 23 years if you compound savings calculator.
Chinese buy with family members and wealth stored. Grandma/grandma/father/son all contribute savings/incomes to purchase, add dodgy lending...
Sounds similar to the Brisbane market
I do now but not monthly. Before hand the portfolio just sat in the background until a business opportunity came along and I needed to sell quick...
What price point are you thinking of buying regarding your example?
Borrowings of 500k purely for example, to generate the 10% return within 2 years.
Thanks albanga, I haven't done this before but happy to give it a go once I work out the numbers. I'm sure with more research and guidance from...
That's fantastic. How does the land and unit subdivision work? Buy an existing house and build another, knock it down build a few?
Yes and yes. The question was asked if it can be done. And what strategy if so. Thanks.
Great example. So it can be done. Would it be wiser to buy 2 properties at half the price in different locations to increase you're chances?
Regional town? Are you kidding?
Surely people here buy and profit in shorter time frames than just buying and holding.
Interesting. Happy to put time into a strategy that works. How difficult would this be, where do you start?
Didn't think of this. Thanks
Anyone that bought in Sydney would have made profit just holding. Did this method work for you?
maybe, good idea
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