Blue Ridge Homes replied to the topic newby needing townhouse development advice in the forum Value Adding 13 years, 6 months ago
Hi Tania,I think 3 townhouses is a great size – not too small – not too big. In fact one of the advantages of being no more than 3 dwellings in the one development is that you will meet most of the major banks criteria for residential rather than commercial funding requirements. Not only is this cheaper and easier finance to access but also a…[Read more]
Blue Ridge Homes replied to the topic Building a Duplex in the forum No problem at all Robby, 13 years, 8 months ago
No problem at all Robby, let us know if you are currently investigating any particular sites and we'd be happy to take a look for you from here. Feel welcome to give me a call to discuss if you'd prefer – contact details are on our website.Kind regardsMeg
Blue Ridge Homes replied to the topic First Time Investor-Help with choosing a stratergy in the forum Hi Scotty,A short answer 13 years, 8 months ago
Hi Scotty,A short answer from me – plenty of great ones above….You don't need to stick to one strategy.Work out where you want to be (in terms of assets and cashflow) at a target date.There are numerous ways to get there and you don't need to stick to one.
Blue Ridge Homes replied to the topic Purchasing Reno Investment in Flood Affected Area QLD in the forum Hi jhk31,
I’d have no issue 13 years, 8 months agoHi jhk31,I'd have no issue if your plan is to renovate and refinance (as opposed to flip in the short term). Many of the suburbs that were partially flooded are well established and remain desirable places to live. The increased rental yields are likely to carry you thru nicely. If you've got a sound equity position and don't need LMI – with th…[Read more]
Blue Ridge Homes replied to the topic Beginner in the forum Help Needed! 13 years, 8 months ago
Hi Jake,Just want to congratulate you on being a young gun – only 20 and getting your Builders Licence – awesome. We are bit longer in the tooth than you (but not old enough to be your parents!) but similar background. My partner Carl is a Builder (Carpenter by trade). Our strategy is a mix of build & sell, build & hold (rent out) and buy exi…[Read more]
Blue Ridge Homes replied to the topic Property Development in the forum General Property 13 years, 8 months ago
Hi John,We are active developers and investors.My advice is to do some research and put your toe in the water with a small project. If you haven't gone thru the building process before – simply build a spec house (in the right area where you'll make a few dollars). Praps graduate from that to a 2 unit (duplex site). Put into action what you alr…[Read more]
Blue Ridge Homes replied to the topic Flooding impact on Development Approval in the forum Help Needed! 13 years, 9 months ago
Good evening Awdevelopment,Definately have a chat to a town planner, you could also give council a call direct – if you already have your application underway will be able to check on it via PD online.We have most recently dealt with Josh of Brisbane Certification Consultants http://www.buildingcertification.com.au/services.phpI'm also hoping to…[Read more]
Blue Ridge Homes replied to the topic Building a Duplex in the forum Help Needed! 13 years, 9 months ago
Good evening Robby,Well done on wanting to get into property development, it's exciting – you are right if you have the starting capital and plan well you should do well – there are always risks in any line of business but by understanding the risks and how they can be mitigated you can decide on whether a project is worthwhile and minimise your e…[Read more]
Blue Ridge Homes replied to the topic Stamp duty. in the forum Help Needed! 13 years, 9 months ago
Good evening Matty,Best spot to check is the Office of State Revenue either on their website or call them:http://www.osr.qld.gov.au/duties/transfer-duty/index.shtml
Blue Ridge Homes replied to the topic Investing in rural Queensland – Kingaroy? in the forum Help Needed! 14 years, 7 months ago
Hi uaic3,Kingaroy is a lovely town not overly far from our base (farm at Kilkivan but we make a crust as Builders, mainly in Gympie, and property investors both in SE Qld and interstate). I myself have only been in Qld for 2 years, my partner has been here about 6. Having heard some of the hype around Kingaroy I spent some time researching, talk…[Read more]