alfrescodining replied to the topic 3 unit development in Epping VIC in the forum Value Adding 12 years ago
Oscar, how big is the land?
alfrescodining replied to the topic New development project for next year in the forum Value Adding 12 years ago
Hi Wilko. Where is the development site?
alfrescodining replied to the topic 3 unit development in Epping VIC in the forum Value Adding 12 years ago
Oscar, you're living the dream! Site is looking good.
alfrescodining replied to the topic Buying someone’s house/land when it’s not on the market in the forum Creative Investing 12 years ago
Jeff do you mean just ring up a local real estate agent and ask them to contact the owner of the land? Do agents do that?
alfrescodining replied to the topic Building Brokers in the forum Value Adding 12 years ago
I'm glad you posted that SmithersK.
I investigated their services a few months ago. They could beat no quote I had received, not one, so they didn't even bother.
What they seem to want is to get you locked in to their own draftsman and then you have to go with one of their builders.
alfrescodining replied to the topic Buying someone’s house/land when it’s not on the market in the forum Creative Investing 12 years ago
Freckle wrote:
Alf here's a heads up.Knocking on doors asking people if they might like to sell their property is a fairly inefficient way of looking for opportunities in a market. You are far better of using your time looking for motivated buyers through agents. What you are trying to do is what 5 million property agents do all day every day…[Read more]
alfrescodining replied to the topic Buying someone’s house/land when it’s not on the market in the forum Creative Investing 12 years ago
Tracey B wrote:
If you are really serious about buying a particular property/street II totally agree with Freckle re the personal approach. Letter-boxing may yield you something but I've had much better response through knocking on the door.As JacM says – expect that awkward moment at first while you assure them of who you are and what you…[Read more]
alfrescodining replied to the topic Buying someone’s house/land when it’s not on the market in the forum Creative Investing 12 years ago
Thanks everyone. It's the contract side of things that bothers me though. I spoke to my conveyancer today, who said that like any normal sale, the vendor would have to prepare the contract. I'm just worried that after agreeing on a sale and a price, the vendor realises that after paying a solicitor for the preparation of the contract of sale, I…[Read more]
alfrescodining replied to the topic Buying someone’s house/land when it’s not on the market in the forum Creative Investing 12 years ago
Freckle wrote:
I think you're jumping the gun a bit.Making an enquiry with someone out of the blue is a fairly common occurrence.
I would never introduce myself in writing. Too scammy. A professional approach is almost always done through a reputable agent.
Anyone could be your agent. Your solicitor, a buyers agent, friend of a friend etc.…[Read more]
alfrescodining replied to the topic Buying someone’s house/land when it’s not on the market in the forum The first point there 12 years ago
The first point there confuses me. Does the vendor also get a solicitor involved or just normal conveyancing? By solicitor do you also mean conveyancor? Or specifically a solicitor? How do I avoid a situation where I've put money into conveyancing but the vendor changes their mind and I lose the money?
alfrescodining replied to the topic Buying someone’s house/land when it’s not on the market in the forum Creative Investing 12 years ago
The first point there confuses me. Does the vendor also get a solicitor involved or just normal conveyancing? By solicitor do you also mean conveyancor? Or specifically a solicitor? How do I avoid a situation where I've put money into conveyancing but the vendor changes their mind and I lose the money?
alfrescodining replied to the topic Commercial Real Estate in the USA in the forum Overseas Deals 12 years ago
Freckle wrote:
jmsrachel wrote:
I believe there will be a recovery but 15 years away at best.Hate to shatter the illusion Joe but we haven't had the crash yet. 08GFC was just the first signs the system was breaking. We've done nothing to rectify the causes of that event. On the contrary. Things are now much more fragile and the correction…[Read more]
alfrescodining replied to the topic Buy properties in group, get instant discount! in the forum Creative Investing 12 years ago
luu09 wrote:
alfrescodining wrote:
luu09 wrote:
Well, As I've seen on smh.domain.com.au, the median price increase in Docklands is 105% over the past 12 months. Plus, the Docklands development is just finished around 50% and when it's finished, it's gonna be twice size of Darling Habour. Given that fact, I don't see why it's suck, genius.…[Read more]alfrescodining replied to the topic Buy properties in group, get instant discount! in the forum Creative Investing 12 years ago
luu09 wrote:
Well, As I've seen on smh.domain.com.au, the median price increase in Docklands is 105% over the past 12 months. Plus, the Docklands development is just finished around 50% and when it's finished, it's gonna be twice size of Darling Habour. Given that fact, I don't see why it's suck, genius. lolSo let me get this straight,…[Read more]
alfrescodining replied to the topic Buy properties in group, get instant discount! in the forum Creative Investing 12 years ago
luu09 wrote:
I think you miss my point. It is NOT NECESSARY for you to get 5 people in your group for any particularly deals to be ON for 5-10% discount, the more people you get in your group, the more possible discount you can get. Some people, who get a great network of buyers can even purchase the whole project with great discount for their…[Read more]alfrescodining replied to the topic Buy properties in group, get instant discount! in the forum Creative Investing 12 years ago
luu09 wrote:
alfrescodining wrote:
The website is advertising 5% or 10% discounts on apartments in Melbourne. That's pretty lame. Nothing that a buyer couldn't negotiate for themselves for an apartment in Melbourne at the moment…. A guy named Nathan Birch already does this, but with distressed developers – his discounts are much…[Read more]alfrescodining replied to the topic Buy properties in group, get instant discount! in the forum Creative Investing 12 years ago
jmsrachel wrote:
Luu09 and property genius are the same people. Another day , another spruiker.hahahaha! that's definitely "creative…[Read more]
alfrescodining replied to the topic First project, mining town (Muswellbrook), advice needed! in the forum Help Needed! 12 years ago
Can you build more than one house on the block? That might make it more economic.
alfrescodining replied to the topic Buy properties in group, get instant discount! in the forum Creative Investing 12 years ago
The website is advertising 5% or 10% discounts on apartments in Melbourne. That's pretty lame. Nothing that a buyer couldn't negotiate for themselves for an apartment in Melbourne at the moment…. A guy named Nathan Birch already does this, but with distressed developers – his discounts are much larger than 10%, and he and his buyers buy…[Read more]
alfrescodining replied to the topic my current situation advice needed in the forum Creative Investing 12 years ago
Just out of interest Wilkie, what are you currently building?
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