Ultra Property replied to the topic Ip in Gold Coast area in the forum Help Needed! 11 years, 8 months ago
Good to hear other member buying up cheap in GC.
I have other colleagues who bought well as well for example 30 -40% of prices the previous owner paid for, or even well below replacement cost.
Ultra Property replied to the topic Invest in building apartments in the forum Creative Investing 11 years, 8 months ago
I can't refer you to any. But if you find like minded people and each person needs to bring something to the table. Syndicates do exist but each syndicate works to the groups custom needs. There are pro and cons to joining a syndicate and it would be best to do you due diligence.
Ultra Property replied to the topic brisbanes new draft city plan in the forum Value Adding 11 years, 8 months ago
Hi Darryl, let me know how you go with the new application and if they do get approved. Some exciting changes in the near future.
Ultra Property replied to the topic brisbanes new draft city plan in the forum Value Adding 11 years, 8 months ago
Very interesting. Darryl when will the plan come into effect?
Ultra Property replied to the topic Feasibility study in the forum General Property 11 years, 8 months ago
I personally use Feastudy 7.0 Professional software. Easy to use.
Ultra Property replied to the topic Invest in building apartments in the forum Creative Investing 11 years, 8 months ago
Hi Z,
Rather than just give your money to a company, spend time and educate yourself and start off with a small renovation or development. Ensure that or your due diligence has been done and check all aspects of zoning, development, finance and construction is being looked after.
I know in the past there has been syndicates who put in even…[Read more]
Ultra Property replied to the topic Property bust not here yet … worse to come in the forum General Property 11 years, 8 months ago
Interesting thread, if there is a down turn than I would be looking at buying up as much as I could afford.
Ultra Property replied to the topic Development assistance in the forum Value Adding 11 years, 8 months ago
In relation to zoning and what can be built or subdivided, Seek advice from a experience town planner.
Ultra Property replied to the topic Recommendations for Depreciation Schedules in Sydney in the forum Help Needed! 11 years, 8 months ago
Ultra Property replied to the topic Builders! in the forum Help Needed! 11 years, 9 months ago
Generally for townhouses, Have a look at custom builders in your area. See who's building or have projects under construction and make some enquries. The large spec home builders are cost effective at building from their designs.
Ultra Property replied to the topic Brisbane house price growth 1979-2011 in the forum Brisbane house price growth 1979-2011 11 years, 10 months ago
Interesting thread, keep it up.
Ultra Property replied to the topic Brisbane City Council want to resume my development site! in the forum Help Needed! 11 years, 10 months ago
For what reasons does the Brisbane city council want to resume your land for?
I have a consultant who has extensive experience in land resumption. They maybe able to help you protect your investment, drop me a line or a call and I can pass on their details.
Ultra Property replied to the topic Looking for a builder (Melb) in the forum General Property 11 years, 10 months ago
Might be a good idea to drive around the area and see which builders have projects under construction. Set up a meeting on site and check out their quality and previous completed projects.
Ultra Property replied to the topic Ip in Gold Coast area in the forum Help Needed! 11 years, 10 months ago
I too purchased a property in GC. I wouldn't usually but with some of the large discounts, it was too good of a deal to pass up.
Ultra Property replied to the topic Townhouse construction cost to lockup in the forum Help Needed! 11 years, 10 months ago
Speak to a builder in you local area, maybe give them some design plans to work off for your estimates.
Ultra Property replied to the topic Real Estate Investment Books in the forum General Property 11 years, 10 months ago
I agree, books from the Jan Somer, Peter Spann and Michael Yardney are well worth the read.
Derek wrote:
Some other authors you may wish to explore include:Jan Somers
Peter Spann
Michael Yardney
John FitzgeraldI got something from each and everyone of them.
Others speak highly of Margaret Lomas books.
Ultra Property replied to the topic negotiating this price in the forum Help Needed! 12 years, 10 months ago
Try to offer $300k, you never know since its a flat market and a good time to buy. Find out why are they selling and create a win/win situation for both.
Ultra Property replied to the topic Development project in central Tokyo in the forum Very interesting thread. 12 years, 10 months ago
Very interesting thread. What is is in for the construction company? I assume that all the units in the current towers are owned by landlords.
Ultra Property replied to the topic Property development in the forum Legal & Accounting 12 years, 10 months ago
I agree you will need to speak to an accountant on your intention and planned structure setup and GST payable. Depending on the location, sometimes is maybe worth making the dwelling freehold as this may increase the value. There are extra cost associated in relation to the civil services and the location of sewer or water services to the block.…[Read more]
Ultra Property replied to the topic Future Subdivision Advice Needed in the forum If you can pick it up at a 12 years, 10 months ago
If you can pick it up at a fair price than it good to buy property with a twist or add value. As you mention the property has development potential and could be worth more depending of the density allowable to be built.Just do your research for any possible restriction or issues that may come with the site.
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