Mubz replied to the topic Accountants specialising in Property development in the forum Legal & Accounting 16 years, 1 month ago
Thanks a lot Jaidee, your advice has been very helpful.With regard to the area i want to buy in, im confused whether to buy in area that i live in (Sydney West) with not so high capital returns compared to something nearer the city which shows better capital returns. Im trying to outweigh the risks. Something nearer to where i live would mean i…[Read more]
Mubz replied to the topic Small Development Group in the forum Creative Investing 16 years, 1 month ago
Hi SydneyBoy,I am interested in discussing this with you further.Have you done a feasibility study on the land and are there any DA's in place. What suburb of Sydney are you looking at?Please contact me at [email protected] to discuss the same.Regards,Mubz
Mubz replied to the topic Accountants specialising in Property development in the forum Legal & Accounting 16 years, 1 month ago
Hi Jaidee,I know of a good accountant but he generally specializes in tax so im thinking thats no good to you.Sorry to answer a question with a question but i was wondering whether it was easy getting into duplex developments and how you managed to find the right development site.I am 23 and looking into developing 2 townhouses but thats just…[Read more]
Mubz replied to the topic First Development in the forum Help Needed! 16 years, 1 month ago
Hi Dan,I am also a keen on getting into the development market and have had the same queries that you have.I recently enrolled on a Property Development Homestudy Course and its very useful. It takes you through all the basics of property development.I understand the safest ones are either duplexes or townhouses and they're relatively low risk. I…[Read more]
Mubz replied to the topic Homebush Bay – “The Waterfront” in the forum Help Needed! 16 years, 1 month ago
Hi,I've also been looking at buying in the area, it seems really good and with the new Commonwealth Bank coming up soon creating jobs, i think there be demand for rentals if you decide to rent out later.However, you may want to check on the strata as in the past weeks its gone up by $500 because of a new gym they've recently put in.Are you looking…[Read more]