Forum Replies Created

Viewing 20 posts - 21 through 40 (of 135 total)
1 2 3 4 5 6 7
  • Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    July 23, 2013 - 1:35 am

    Similar method I would say. Realestate.com.au can filter results by site area, number of bedrooms. So you can search for a 3 bedroom house on a 400sqm block for example, and see whats on the market now matching that or whats soldin that category.

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    July 19, 2013 - 12:18 pm

    Sold prices on realestate.com.au.   

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    July 18, 2013 - 2:36 am

    Oscar where is the stormwater going?

    It looks like the site slopes away from the street.

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    July 6, 2013 - 12:29 am

    Thanks Wilko. Its two new townhouses, on a proposed battle axe allotment behind my existing house. And yes I'm only talking about connections to the grid, not in the property. Does $20,000 for water and sewer sound right? And I've got no idea how much electricity and phone connections to the grid would cost. I'm assuming I don't need any new substations or anything since its not an old suburb.

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    July 1, 2013 - 10:35 am

    Last question I promise.   What about screen doors at entrance to house?  And blinds/curtains???

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    July 1, 2013 - 10:34 am

    Wilko and Oscar, you guys are legends. Thankyou.

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    July 1, 2013 - 8:14 am

    Even if you plan to rent them?  Tenants don't expect washing machines?

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 30, 2013 - 10:50 pm

    What about washing machines, do you usually include those?

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 30, 2013 - 3:19 am

    Could it be the case that if a person was doing say a 20-unit development, but they only needed to borrow say 50% of the finance, that they would get normal residential lending rates and no presale requirements?

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 30, 2013 - 3:18 am

    Oscar, on your developments, do you have remote controlled garage doors?

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 29, 2013 - 9:04 am

    I guess what I'm confused about is what level of detail should be in a building contract, and whether it should be taken for granted that the builder will provide some things.  Things I'm talking about are washing machines, blinds, clotheslines, turf, temporary fencing during construction, public works approval for driveways, gas system, etc., even if this stuff is on the plans.   Also, in everyone's experience, does the builder take care of the Construction Certificate?, or if you're not in NSW, the equivalent technical detail permit that comes after planning permit/DA.

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 29, 2013 - 9:01 am

    G'day RPI, just on that point about presales…. what is generally the threshold between a development where a bank will require presales and one which wont?  Is it generally a certain number of units?

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 27, 2013 - 12:04 pm

    Wilko, are you a registered builder or do you hire builders to build your developments? What advice can you provide on negotiating a building contract?  Thankyou.

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 27, 2013 - 12:02 pm

    Oscar, what is the $5,000 bank application fee all about?    Also, where is the development draining to? It looks like it slopes to the back of the property.

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 27, 2013 - 11:53 am

    I'm hoping someone can provide some general advice about building quotes and contracts. i.e. what tricky things to look out for, what to expect in contracts/quotes, inclusions/exclusions, etc.  This is the part of the process I'm least confident about.

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 18, 2013 - 12:03 pm

    I'm only doing my first one now, but I work in the industry. The mistake that I find that almost all first-time developers make is severely underestimating the time it takes from start to finish for a development because of the number of steps and people involved. Meanwhile, they bleed money. Alot of people when they see a shiny new set of houses for sale, assume that whoever built them is making easy money – but that person could have potentially lost money, and I speak to alot of first-time developers who lose money then never do a development again! Budget for huge delays with the Council, the builder during construction, and the state land authority that registers subdivisions at the end of the process.

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 7, 2013 - 11:10 am

    Oscar, how big is the land?

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 6, 2013 - 9:22 am

    Hi Wilko. Where is the development site?

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    June 6, 2013 - 9:18 am

    Oscar, you're living the dream!  Site is looking good. 

    Profile photo of alfrescodiningalfrescodining
    Participant
    @alfrescodining
    Join Date: 2012
    Post Count: 160
    May 16, 2013 - 10:37 am

    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?

Viewing 20 posts - 21 through 40 (of 135 total)
1 2 3 4 5 6 7