Property development -Building multiple houses on sites.
Renovations on very high end properties
Renovations on Unit blocks in high value suburbs
Building Commercial buildings

Can make that type of money easily in a year.

Pricewise stone is at least 5 times more costly. Plus install is harder. Laminates are held in with screw clips and can be easily cut to size and shape. Replacing a laminate benchtop if you needed to sell will be cheaper the stone. 
The ceramic ceasar stone is still fairly pricey but is coming down in price.
it really should be based upon the age,…[Read more]

Well if your a licensed builder you should still be able to get finance up to 70 %.
and 60% at the lowest LVR if you were not. 
Yes it is a lot easier to finance if you have a builder, building it. 

If you say pets allowed at your rentals – don't install carpet. Not worth the money.

Barkchips – for gardens, unless you renter is a avid gardener. Barkchips. as much as you can. 

Work out 
– timeframes
– interest costs whilst not available for rent 
– if you could service a construction loan of 700k for the build.
– If you have the money for the build or Reno. 

50k for plans and demo costs is also excessive. For 2 dwellings. I'm not going to kid but that money could get approval for 40 dwellings. If all relatively the same. Which your design would be a mirror of one another. Unless these are some very detailed drawings and high end high spec builds. I would look to hire the services independtly of paying…[Read more]

I would agree that bridging finance can get messy. Trying to arrange same day settlements is not a thing you want to be involved in (which is ok because you mentioned its your PPOR in purely investment properties, not possible to have different settlment dates). You'll spend the extra costs in interest, fees, moving your moving dates several times…[Read more]

Most bridging finances on PPOR's lend you the money to buy your new place, take security over your old place (ie a certain amount) when you sell your old home . The bank take the allocated security out of your settlement, if there any left you get it.  
Most times if you cannot afford to service "both debts" they give you a certain time period…[Read more]

Banks love financing building costs. It's just not fun for the person borrowing money. Sometimes they can make you jump through loops of fire just for your construction loans.  As long as you got a minimum of 20 percent of the construction loan for residential you should be ok. Or have equity in the land 

Land – 300k home. 

As long as your focused about paying extra in the first 1-3 years you can really knock the long term payout down
Also since you only get one stamp duty exemption you might as well get it on a higher value property. Although that shouldn't be your main reason for choosing a more expensive property.

And yes you should put your…[Read more]

You don't Find the cashflow,  you make the cashflow, via improving the asset that you buy, 
I think the phase of purchasing a positive cashflow property in inner city areas/ even most regional has passed. 

Other options to look for to get positive cashflow include 
– dual occupancy
– rent to buys 
– subdivision and development
– residential Into…[Read more]

Did you hear that from a property developer. Or just a friend of a friend. 
I actually believe education is beneficial. You can either learn things the hard way. By doing, making mistakes and you know once you've cost yourself a few 10,000s in unexpected costs on a development that maybe a couple courses part time could of saved you that money. 
I…[Read more]

I'll just comment on the new rules for SA, 

attached the link for the new rules for planning 
http://www.sa.gov.au/upload/franchise/Housing,%
20property%20and%20land/PLG/Private%20certification/Private_certification_planning_information.pptx

not every house is able to be privately planning certified
you have to be in certain areas which are…[Read more]

Yep that would be a tough question to answer and you won't get a answer besides examples.
but you should at the very least look for $1 for 1$ return that means spending one dollar is adding 2 dollars of value.
if you did nothing to a house but paint a new colour scheme on the outside and paint internally. This prob adds around 10:1 
i actually…[Read more]

The more active strategy would be to either buy renovate straight away and revalue. Or buy renovate and sell , release your profi, pay your tax and leverage into a bigger deal or 2 seperate deals of the same size. But each to their own. In the end it's your decision and only by action can you figure out if that was the correct action or if you get…[Read more]

And when you apply for council. Just apply for "planning permission" only not planning and building. Use a private building certifer.

also I would recommend speaking to a planning consultant first because new laws are coming out that mean if you can put forward a complying development (or comply with everything all but one thing— council would…[Read more]

That's hiring the services individually.
a consulting company would charge you their fee plus a bit extra to organise "all that"
But hiring individually will save you a few thousand a least. Once you learn it once you won't forget 

contour plans prob 500-700 average 
and footings reports depending on soil type around 800-1000 inc gst. 

These…[Read more]

@ mbuilding-  30k for planning and builder approval. Are the drawings done in golden ink. 
Youd be looking at 2-3k for planning drawings another 2/3k for working drawings. Hiring a planning consultant for a cover letter for application to council will cost you around 1500. Or for services just at a hourly rate is a bout $200 a hour. Worth every…[Read more]

Melbourne investor. 

– why do people do subdivisions? 
– if you could subdivide your block into 2 allotments it's going to be worth more in total then just a single block. If you can subdivide into 3 blocks or more often it is worth more then the 1 block or 2 blocks. 
Just like a piece of pizza buy itself costs more per unit then the equilivent…[Read more]