Forum Replies Created
Mark
Ensure you also check with the utilities regarding if they are required, the cost, and who is responsible for the work. The cost of providing each utility can be either fixed or based on the work required/existing infrastructure. In some instances these costs can be quite high. Also I’ve found local land surveyors are a good source of local subdivision knowledge.
Having said all that, I’m also starting out with my first subdivsion!
CheersDavid
Hi
I’m not familiar with the IC however a book that has some good information on potential traps in using buyers of real estate is “The insider’s guide to profitable property investing” by Patrick A Bright – refer pagest 130 to 134. Review in a book shop /library if not wishing to buy.
Snowflake
A couple of options: Check with your accountant, the tax office, or source a copy of the book ‘The Insiders guide to profitable property investing’ by Patrick A Bright. Refer Pages 122-123.
Good Luck!
Cheers
David
Consider the impact a bus stop may have if it is in front of a property & the type of people who are likely to congregate. Having lived in a new estate for a number of years before the buses were put throught there was a change when groups of people started to assemble in a particular spot where there are bus stops. Also in a nearby estate most of the lots are sold. One of the unsold is in front of the bus stop!
In local commercial areas the bus pick up areas are a strong deterent for traders as these areas are known for anti social behaviour. (This could also lead to opportunities!)
Having a bus stop nearby is a huge bonus….consideration needs to be given to having one directly in front of your property if it is on the same side of the street.
Cheers!!
