Ram replied to the topic OPINIONS PLEASE – CUSTODIAN WEALTH BUILDERS …NEW OR OLD??? in the forum Help Needed! 13 years ago
After reveiwing my previous comments today, I feel that my comments were wrongly focussed on Fitzgerald and this was not initial intention.However my comments are directed to anyone about to purchase an investment property from a builder/developer that markets and sells their own property using the wealth creation industry as a sales platform.I…[Read more]
Ram replied to the topic OPINIONS PLEASE – CUSTODIAN WEALTH BUILDERS …NEW OR OLD??? in the forum Help Needed! 13 years ago
Tell your friend that John Fitzgerald's primary business is not to help people grow wealth, but his business is to market and sell house and land packages that his construction company builds. In many cases the houses can be up to $50k over priced and in a new area with low demand and a flat market it could take you years to break even. Beware of…[Read more]
Ram replied to the topic Recommendations Required in the forum Legal & Accounting 17 years, 7 months ago
Thanks Elijah HomesI will be in contact with you shortlyBest RegardsRam
Ram replied to the topic Stages of building costs? in the forum Value Adding 19 years, 8 months ago
Wayne
If you have a pre approval from a bank to buy your land and a construction loan to build your new house your bank would settle on the land first. The initial payments would be I.O. When your construction loan starts the breakdown is usually
10% deposit, 15% slab/footings, 10% frame, 35% lock up, 15% fix and a final 10% final payment. All…[Read more]