PS. Love that quote. I will have to steal it for my Facebook status lol

Thanks D!! You are most helpful.Can you tell me of a development you have done, recently? Not for my research, just for interests sake. Bye for now.

Thank you for your help, once again!OK, so now I have another question I have been talking to a few people who have suggested that going with a separate architech and building designer/builder is recommended. However, this seems to be quite a bit more expensive.  If, say, a BGC company, like Commodore Homes could do the whole job would there be…[Read more]

Anybody???Can anyone tell me where you would go to find information concerning who is building at what block, etc ,etc. Is this information available? I thought I would see what is similar in the area and try to get the information from another developer as this is my first attempt. Your thoughs are appreciated!

Hi LachlanThanks for getting back to me. I have been thinking (also) on the possibility of the above scenario. The problem with this deal is there is still $275000 owing on the property so I am not sure what is going to work, what will be worthwhile, etc. Can I ask what the back property was valued at in the above scenario? 

Hey D!Just got home from the one day course with Carly. Very inspiring and motivational – yet it looks like my potentail deal isn't much of deal after all. I will have to do some more research. Hope you are working smart and not hard Marie

Hi PetronaI am just looking into subdivision and possibly developing in Balga at the moment. I wonder if you have any thoughts on a block we have – R40 zone 724sqm and not a corner block. Do you think it has some potential? I just read above that it takes anywhere from 9-12 months for subdividing. That is a long time – I have crunched a few…[Read more]

Oh, lucky you! You got to go along to the conference this year. I was planning on going, but didn't make it, sadly. Did they do development during the 3 days, perhaps?Thanks for the other pointer, you are most helpful!Marie

Ok, looks like we don't meet until middle of July again. Would you recommend any other links for one day courses? I looked into REIWA last night, as that was most appealing in terms of information I could find. I have book marked your link. Thank you!I will have to learn my way around this site and see if I can perhaps pick up some more pointers.…[Read more]

Thanks D. I can't seem to find where they meet in Perth, do you know? I looked at the Rookie website but it indicated that the course was in Melbourne.Cheers,Marie.

Duckster, had a quick look at the site. What I hate about those advertisements, and this site is no better, is they just go on and on and on. Why don't they just cut to the chase, if its a bargain we would know, surely they don't have to go overboard and repeat, repeat repeat… LOL, it really makes me skeptical!Just saying…Thanks again for your…[Read more]

Hi, and thanks for your tips.DWolfe, yes, I am in Perth. I am looking at a block that actually belongs to my folks it has two dwellings on it at the moment, a house and granny flat. I do have a friend of a friend who is managing a development at the moment, his Dad has been doing it for 3 years now. Perhaps the best way is to contact him so I…[Read more]

Christian//The presence or otherwise of any covenants or encumbrances.//How does one go about finding if these are present?Thank you.Marie(newby)

Thanks for your thoughts Kim. I will go and find the other forum topic.CheersMarie

OK so I did post something here last night (tongue in cheek) that I think did carry some truth………however,  I am wondering if anyone here knows about the REWARDS program? They say that in 2010 they acquired 16 PCFP in a matter of 4 days. I guess it still is possible, afterall.

JacM – Yes I will do something about it ASAP. Pity the tentants are so good, they will get a rude shock!IPInvestor – absolutely, when you put it that way it makes a huge difference. Can I ask you where abouts you bought the property, what state, etc? It seems like we have been missing out on some serious money for a little while now – and we don't…[Read more]

c9806103  Thanks for your reply! Good point regarding nothing doing on IO loans if not using the extra cash flow elsewhere. I just got an email from Steve this morning about the REWARDS program. Have you done the program? Apparently they found 16 positive cashflow IP in 4 days!  

Given Steve has done a great job with selling his idea that Dec 09- Jun 10 is the time to buy property, (and if everyone listens to that idea) perhaps you should buy after the middle of the year???  (am I allowed to say that here?)

Thank you fine people for responding. I feel welcome already!! I see I lacked a bit of detail in my first post. I hope to clarify it further now. Please add any more tips if you can think of them after reading the following.. thanks again. climbingjac  The IP is generating a return of $15600 ($300 per week) however I have recently discovered that…[Read more]

I didn't get into the club, they said it was full. I haven't read the book yet either and as a mother of 2 (toddlers) and one on the way, I dare say I will have my work cut out. I hope to find other mothers on here that I can hear some encouragement from, and some success stories to keep me going! CT