Hi Ben,

As an update of today.

The owner brought the property in 2008 for 640, 000.

In 2013 market value it was 1.2 mil

2014 it’s value is of today 945, 000

Asking price 1, 090, 000

I just spoke to the owner a hour ago and needs to sell.

He welcomes any offers. Getting Desperate!

So yes throw a dart and negotiate from there.

I’ll start…[Read more]

Cheers Ben,

Thanks for the tips!

I’ve got my area I want to target.

I found the street I want to work on.

I’ve looked at the future potential of the industry.

I’ve targeted my end users.

I’ve done the demographics.

I called an agent and they found my ideal property.

An old house with 936m2 block at market price 1,090,000

I found out that…[Read more]

Steve,

Ill be looking into it asap! From 0 – 130 (book) thanks!

My first idea would be something like this:

Purchase a block of land lets say 1000m2 then split it into two lots of 500m2, lets say for example I purchase the block for $350,000 in order for me to gain instant equity I would need to sell the new two subdivided lots for more than…[Read more]

If anybody has any life experiences of creating equity from subdivisions and don’t mind sharing, especially for the people who are interested in learning the process all will be appreciated :)

I have been granted unlimited finance from a family money partner based on one condition? That I create instant equity with a plan in place.

This is why…[Read more]

Hi Steve,

Thanks for replying to my question as I’m interested in creating equity in subdivisions.
Now that I know it is possible I will start learning more about the process.

Steve wrote:
I think in this case you are asking how can I manufacture an increase in value by splitting one land parcel into two or more sub-parcels (literally…[Read more]

Hi Qlds007,

I’m interested to know more.

Do you have any example of a scenario that I could get ideas from?

And what would these relative costs be, I’m interested to learn the process.

Hi Qlds007,

I’m interested to know more.

Do you have any example of a scenario that I could get ideas from?

And what would these relative costs be, I’m interested to learn the process.