good question what is L/O and what is SMCB?

Agents are interested in selling you a property, so as long as you portray yourself as being able to do so they will take you seriously.

Cheers Jeff
http://www.property.focusdevelopments.com.au

sounds good, do you have an example of a property that is currently for sale for us to check out ?

Cheers Jeff
http://www.property.focusdevelopments.com.au

we build & sell our houses mostly in the Logan City area which is about a 20 minutes drive from Brisbane City center & 40 minutes to the gold coast. another growth area is Ipswich as the qld government has nominated it as an area for future development.

being brand new ours are around the 300k mark, but if you want second hand you will buy…[Read more]

hmm yes i just reread what i wrote.
I didnt mean screw anyone over, I just meant that you dont have to pay a huge deposit.

also paying a large deposit straight to the seller could cause a problem if you want to get it back. perhaps a solicitors trust account might be a safer option ?

Cheers Jeff
http://www.property.focusdevelopments.com.au

if the house is pre-war you had better what modifications you are allowed to make to it. Some councils can be very restrictive on old houses.

Cheers Jeff
http://www.property.focusdevelopments.com.au

talk to the council first, they will be able to give you some information. Then you will most likely need to see a town planner. you will probably have costs for headworks & parks funding, plus the actual costs of the development. it can get quite expensive.

Cheers Jeff
http://www.property.focusdevelopments.com.au

check out your construction insurance if you owner build, you might find that you cant get any

Cheers Jeff
http://www.property.focusdevelopments.com.au

you can talk to your solicitor about sunrise clauses.

why not negotiate the deposit down ?
we sell our houses on very little deposit and have not had a problem yet.

The last block of land that I purchased I put down $100.00 and said like it or lump it. They wanted to sell the land so they took my $100.00 and were happy with it.

as you say, by…[Read more]

if your thinking long term resale, i cant comment on the retirement industry, but when it comes to houses doesnt everyone want to buy 4 bedrooms, 2 bathrooms, double garage, BV etc… because they think its easier to onsell later ?

Cheers Jeff
http://www.property.focusdevelopments.com.au

you need to check the town plan. you might find that you can already build a duplex on your site without planning permission, or you might find that your block doesnt meet the frontage or other requirements for a duplex

talk to your council

http://www.property.focusdevelopments.com.au

Rent it out, we build & sell houses in SEQ suitable for investors & there seems to be a high demand for rental accomodation in the area.
isn’t that why you built it in the first place ?

cheers Jeff
http://www.property.focusdevelopments.com.au

forget the $40k profit.
bank loan costs & interest
solicitors fees (buying & selling)
stamp duty
real estate agents costs & marketing/advertsing
rates & other minor costs
be lucky to get $10k back after tax IF you get the asking price

Or am i seeing it wrong ?