How to find Off-Market properties for sub-division?

Discussion in 'Investment Strategy' started by propertyaulover, 18th Oct, 2020.

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  1. propertyaulover

    propertyaulover Active Member

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    17th Feb, 2019
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    Location:
    Adelaide
    I spoke to a few people who are doing sub-division. They said it is bad idea to purchase property listed because the price is higher and hardly to get any profit after sub-division.

    So my question is how can I find off-market properties? Is there any tools or website?
    Currently I am driving around and note the address of a property but it is not efficient. I will appreciate if you can share some tips.
     
    propertyaulover, 18th Oct, 2020
    #1
  2. Trainee

    Trainee Well-Known Member

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    But buying cheaper means the developer gets less. Why would they sell to you for less?
     
    Trainee, 18th Oct, 2020
    #2
  3. The Y-man

    The Y-man Moderator Staff Member

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    Where do they get their deals from?

    The Y-man
     
    The Y-man, 18th Oct, 2020
    #3
  4. spoon

    spoon Well-Known Member

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    I think every developer and his dog are looking for an unlisted development block for a below market price. :D
     
    spoon, 18th Oct, 2020
    #4
    Ketsle likes this.
  5. Rich2011

    Rich2011 Well-Known Member

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    Plus many mum and dad investors too! Everyone wants an UMV development site...
     
    Last edited: 23rd Oct, 2020
    Rich2011, 23rd Oct, 2020
    #5
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