Hi Tony,Your post really piqued my interest as i am currently in the midst of the planning process on a block in moreland council into 11 apartments over 3 levels.It has been a long process (and i haven't even started building yet!) but what i would say to you that it is very difficult to work out a feasibility unless you know what your actual…[Read more]

Hi Teds,I have done about 3 small developments in West torrens council and i use Paul Hanna (08 8340 2207) of Pinksterboar & Ass. Give Paul a ring and he can organise the whole lot from surveying/ plan of sub-division as well as costings from SA water and council contributions. Hope this helpsMorty

Hi Teds,I have done a number of these in the marion and west torrens councils. They can be a profitable way to go but you'll need to jump through a fair few hoops to get it over the line. You'll basically need min 800m2 (although i have done one which was smaller) with a good sized frontage, 18m min is best. What council are you? I've found marion…[Read more]

Hi Melanie,I'm doing a number of developments in Adelaide at the moment, i run the developing side of things and my brother runs our building company. We are always looking at sites as well as JVs. Not sure if i can help but PM me and we can have a chat about your situation.CheersMorty

Hey wealth4life,no harm done at all mate. I just got a bit ticked off with your assumptions but you've obviously got the right intentions.I understand there are plenty of scammers out there but i also think that because there is so much to learn in this field i think that often times a bit of money out layed here and there to the right people can…[Read more]

Hey wealth4life,Not sure why you assume that I've been scammed, or i can't handle the workload or whatever. It's interesting how people who know nothing about what they're talking about instantly think the worst. If you must know i bought the program on ebay for $850. I watched the full seminar twice and although i have done a number of…[Read more]

Hey mate,I've done the course which was great. Very informative and well worth it. I'm not using mine though so instead of forking out a fortune for another one you could have mine if you want. PM me if you're keen.CheersMorty

Hey Jas,I've got a copy that i'll sell you. Excellent content and lots to take in but if you go through it a couple of times it really shows you the ropes.Let me know if you're keen.RegardsMorty

hey guys,You might want to look into investing under a company/trust structure so that you don't actually own anything personally. That way when one entity becomes maxed out with one bank, you start a new one and go to  new bank. provided you can keep finding deposits, in theory you can just keep buying. Good luck,Morty

Thanks for your imput guys, very helpful stuff. I'm pretty focused with the goals i think but actually need to commit them to paper and break it down yr by yr. Some homework's in order i think!Thanks againMorty

Hey Guys!Just noticed your post and thought i'd tell you about a fantastic product i've recently used.It's called santini and i bought it through boral. It comes pre-mixed in buckets to whatever color you want, (you can pick nearly any color from a dulux paint chart and they'll mix it up for you)The full price to do an entire 22 square house was…[Read more]

Thanks for your reply Elka,

As i’m a builder the properties will be traded and not held long term.
I have a trust set up for properties that i hold.

Cheers
Morty

Thanks heaps guys, much appreciated!
Morty

G’day clay,

I’ve found that as long as the moving company is a reputable one (ie. ring around and ask some of their previous clients how they went) you shouldn’t have too many troubles moving houses onto the blocks.
This would be a much cheaper option than building new, but as they are 2nd hand, and have been moved, there is ALOT of reno work…[Read more]

I think you’ve raised a great point there kerwyn, and people should definatly do their due diligence before flying in.

But i must add that each deal should be judged on its own merits. If the numbers still stack up on a property you’ve gotta ask yourself if it still fits with what you’re after (yield wise),providing its not shockingly…[Read more]

Thanks for your reply westan.

The section’s in Whitianga in the Coramandel.
Is it possible to onsell it before settlement or do i need to wait until it all goes through to my name?

Cheers, Morty.

Thanks a heap for such a rapid reply guys, I´ll definately check out the websites and hopefully get cracking not far into the new year.

Thanks again and merry christmas!
Morty