Hi,Contact Guy Hewartson, partner of Balmain Commercial. Very good with bank and non bank development finance. Ph 30238700 / 0434073217.

Hi Namz,Tony Hoffman from Hoffman Kelly (Ph 3394 2311) does all my structures, some of which can be quite complicated. He has many investors / developers as clients and is an investor / developer in his own right. 

Hi Matt,Maybe my spam eater devoured you. Try [email protected]

Hi Matt,I haven't run a live workshop since November 2007. I got a bit busy getting $100M of projects sorted out. I've got a new education + mentoring package I'll be rolling out soon but keep it to yourself. You can email me off my website initially if you have something you want to discuss. 

Hi Matt,I haven't run a live workshop since November 2007. I got a bit busy getting $100M of projects sorted out. I've got a new education + mentoring package I'll be rolling out soon but keep it to yourself. You can email me off my website initially if you have something you want to discuss. 

Roebuck wrote:

Bob Andersen wrote:
Hi Jerome,Have a look at http://www.pingroup.com.au (Property Investors Networking Group).

Hi Bob, Just tried this link, but I get a hosting error message – is the link correct?Thanks

Hi Jerome,I spoke to Terry Playle who is the convenor of PING and he has spoken to the website host had the site is back…[Read more]

Hi Jerome,Have a look at http://www.pingroup.com.au (Property Investors Networking Group).

Hi RL,These 'pensioner units" or 'senior rental units'  complexes are not technically retirement villages under the various state's Retirement Village Acts. They are rented under a standard residential tenancy agreement and rented to over 55's.Some were developed under a managed investment scheme where you buy units in the trust that owns the…[Read more]

Hi Carpe,This is the short answer. In capital cities the land component in a unit development typically represents 25% – 35% of total development costs. In other words if the land was unencumbered you would have equity towards project costs of 25% – 35%.Development finance is a bit 'over the shop' at present depending on the financier. I'm still…[Read more]

Hi Sydneyboy (and others),Firstly, nothing I say here should be taken as advice. Tim (Mortgage Plus) is right about the stamp duty – at least in Qld and I assume in other states. The CGT can be a future issue when selling later if done at cost price but there are ways of doing it at valuation without triggering a CGT event. Since the investors are…[Read more]

Hi Mrs Palmer,I'm not sure if the November issue of Australian Property Investor magazine has hit the news stands yet but your question and others is answered by Julia Hartman (BAN TACS Accountants Pty Ltd) on page 64 in an article titled "Building or Renovating for Profit".

Queensland

Hi Za,I'm in your backyard and should be able to set you on the right path with development advice and what your options are. I suggest you have a browse of my website and make contact.

Tracey's right. In fact you can have a legally binding contract with no deposit. I've been involved in dozens of no deposit contracts over the years.

Hi Alistair,It appears what you are looking for is a mixture of debt and equity funding. The debt funding could be arranged from conventional sources such as banks etc on an LVR basis as a % of hard costs, total project costs (tpc) or gross realisation value (grv). This is what you would normally use as well as the required equity that you would…[Read more]

It depends to a great extent on the strength of the market and the product being developed. I'm involved in a 20 x 650 sq.m. lot subdivision on the northern outskirts of Brisbane. DA is about a month away and we already have a one line buyer for all 20 blocks to do house and land packages. The sale price is 10% above valuation. This is b…[Read more]

Yep!

Hi Andy,I'm a developer not a plumber but perhaps the quote included the fees Council charge for connection to a live sewer. This fee can vary greatly from council to council but in my part of the world is about $3,500 per unit. With sewer being about $100 per linear metre that would equate roughly to your quote.

Hi AO,Semi-detached, duplex and sometimes dual occupancy are terms used to describe two homes, usually on seperate titles, connected by a common party wall.

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]