Bob Andersen replied to the topic Bob Anderson Development Seminar in the forum Hi,
Thanks for asking. I 17 years, 1 month agoHi,
Thanks for asking. I have included below what is included. there is plenty of info on the website http://www.propertystrategies.net
The workshop is aimed at investors making the step up to developing their own investments thereby acquiring them at absolute developers cost and to either sell them at a cash profit or hold them as a long term i…[Read more]
Bob Andersen replied to the topic Bob Anderson Development Seminar in the forum Value Adding 17 years, 1 month ago
Hi,Thanks for asking. I have included below what is included. there is plenty of info on the website http://www.propertystrategies.net The workshop is aimed at investors making the step up to developing their own investments thereby acquiring them at absolute developers cost and to either sell them at a cash profit or hold them as a long term i…[Read more]
Bob Andersen replied to the topic science of property options in the forum Creative Investing 17 years, 1 month ago
Hi,I've seen the ads and website since they first started advertising. Anyone would think they had just 'discovered' options. I've been using them for 25 years. An hour with a good property lawyer will teach you plenty about options at about 4% of the cost.Jenman also had something to say about them THE HEARTY DROVER'S PIEStay away from 'The…[Read more]
Bob Andersen replied to the topic GST credit for land in House & Land Package in the forum Legal & Accounting 17 years, 1 month ago
Hi Greg,Don't panic. Remember what GST stands for – goods and services – not income.
Bob Andersen replied to the topic GST credit for land in House & Land Package in the forum Legal & Accounting 17 years, 1 month ago
Hi Bundy,I'll assume the land you are buying is new, direct from the developer, and not 'secondhand'. "Secondhand ' land would not be effected by GST. I also assume you have a contract for the land and a building contract with a builder. The land developer and the builder might or might not be the same entity.As you are probably aware the bu…[Read more]
Bob Andersen replied to the topic Accountants and how do you find a property savvy one? in the forum Legal & Accounting 17 years, 1 month ago
Hi,See my earlier comment in this post. Chan & Naylor have their head office in Sydney.
Bob Andersen replied to the topic Apportioning mortgage/title to incomes in the forum Hi akeiva,
You seem to be 17 years, 1 month agoHi akeiva,You seem to be confused between an investment property and undertaking a development project. Forget negative and positive gearing, that has to do with investment properties. You are proposing to undertake a development with the expectations of making a profit. It's the profit (hopefully) you will pay income tax on – when it is r…[Read more]
Bob Andersen replied to the topic Co-Develop in the forum General Property 17 years, 1 month ago
Hi,I'm not sure if this crowd has any connection to the previously mentioned Co-develop Australia but you really have to wonder about a website spruiking for property development clients where no names or background experience is given. And if they're not connected why would they ever use such a tainted name? As a Brisbane developer of 27 years e…[Read more]
Bob Andersen replied to the topic Insight Investment SCAM or What??? in the forum Heads Up! 17 years, 1 month ago
Hi Clovies,I'm not sure if this is the same crew as The Insight Group which is featured strongly as scammers on Neil Jenmans site http://www.jenman.com.au.
Bob Andersen replied to the topic Land and environment court in the forum General Property 17 years, 1 month ago
Hi AO,The Land and Environment Court, the Planning and Environment Court (different titles in different states) is best known as the final arbitrator when there is a dispute regarding a development application (approval). It can be triggered by an applicant who lodged the DA application or an objector who doesn't agree with a council decision in…[Read more]
Bob Andersen replied to the topic Can we really earn $$ from buying off the plan ??? in the forum Help Needed! 17 years, 1 month ago
Hi Ming,I agree with Marc's summation. What you're proposing is speculation, not investment. If you really want undertake this I would strongly advise that you 1. undertake research to ascertain the likelihood of prices continuing to rise. 2. are financially capable of settling if you can't on sell.Remember if you do on sell you will have to take…[Read more]
Bob Andersen replied to the topic Has anyone been to workshop from “Positive Property Strategies”? in the forum Help Needed! 17 years, 1 month ago
Hi s,If you want to email me from my website I'll be happy to forward you as many referrals as you want.I only occassionally run property development workshops and purposely keep them small and interactive. With over 400 properties in the pipelene 98% of my business is developing property.
Bob Andersen replied to the topic Accountants and how do you find a property savvy one? in the forum Legal & Accounting 17 years, 1 month ago
Hi Jillster,I would recommend Chan and Naylor http://www.chan-naylor.com.au ph. 9510 2277 orGatherum Goss & Associates http://www.gatherum-goss.com ph 8813 0162 Bob AndersenPositive Property Strategieshttp://www.propertystrategies.net
Bob Andersen replied to the topic Claiming interest on refinancing in the forum Finance 17 years, 1 month ago
Hi Scottybe,In your example you cannot claim the interest as a legitimate deduction on that part of the loan to do with your pool or trip to Greece (non investment related expenses). Some LOC's let you split the loan into a number of seperate personal and investment accounts to help you seperate tax deductable and non tax deductable usage.As to…[Read more]
Bob Andersen replied to the topic Developing within a Trust? in the forum Legal & Accounting 17 years, 1 month ago
Hi Anita,Terry is right.An important thing to think about is dependent on whether you intend to sell the properties or hold for investment. There are different implications in regards to GST, CGT and income tax if you are a developer who sells or an investor who holds. Different structures are required to maximise the various taxation outcomes,…[Read more]
Bob Andersen replied to the topic joint ventures in the forum Hi Heather,
Rob Balanda, the 17 years, 2 months agoHi Heather,Rob Balanda, the Gold Coast property lawyer, has a CD on joint ventures. Also you might find some useful information on my website http://www.propertystrategies.net
Bob Andersen replied to the topic Any one have advice on how to become a part time property developer in the forum Hi Johann,
Congratulations 17 years, 2 months agoHi Johann,Congratulations on your first property investment. I have been a developer and investor for 27 years and done properly, property development can be very rewarding. Property development requires knowledge, time and money although it's not absolutely necessary that you have all three. For example you might have knowledge and time but might…[Read more]
Bob Andersen replied to the topic Sell to Developer or develop myself in the forum Value Adding 17 years, 4 months ago
Hi Carpe,Joint ventures are always an option when you have substantial equity and are short on experience but the best financial outcome is always derived when you develop the project yourself. Not only that, its downright challenging and satisfying. Successful property development requires time, experience and money. When you are short of any of…[Read more]