Recent content by Claire90

I think your approach is wise. Many people lose money on their first development. I'm looking for something similar. Please let us know who you decide to go with. I had a similar feeling about Metrapol. Also, who did you do your course through? Would you recommend it? You may like to...

What does rebalancing entail?

Thank you M. :) Do you add 1% in case rates rise? What contingencies do you add in case the project is delayed? I assume you half the cost for the building costs because you only start building after in the second half of the project and hence don't pay any interest before then? I'm only...

Thanks! Hi All, Thanks for your responses! Thought provoking! I understand this is a complex issue with many variables. For the purposes of forecasting future cashflows, I'm going to assume rents will rise in line with inflation (which is likely to be below 3% for some time). I...

Hi All, Refer the article link below. Is this an accurate way to estimate finance costs? What contingencies would you build in? http://www.propertybloom.com.au/blog/holding-cost-calculations-and-considerations.html

Thank you Richard

Hi all, I'm doing calculations for a property I'm looking to buy. The current rental yield is 4.5%. For the purposes of my calculations I'm assuming a 5% capital growth each year. How would you calculate increases to rental yield? Do they generally grow in line with the value of the...

Hi Mitch, Thanks for your posts! What type of development was it? Would you use that PM again? I think the refusal to document things would be a deal breaker for me. Do you mind me asking what was the price difference between the three?

Westminster. I would certainly be keen to work with you if it wasn't for the distance (I'm in Syd). I'll certainly be in touch if I expand my investing to Perth! I love your work!

Love the thread Love your thread Erica! Thanks for your honesty! We are all learning a lot through you!. :)

Hi All, I'm also looking to do a small development at some stage. I'm not sure I'd do a JV, but happy to chat and share learnings with anyone in Syd. Also, anyone in Syd, there is a great meetup group for developers. Everyone is relaxed and supportive...

Great thread! I will be following with interest! I love the idea of paring things back and focusing on key rules. Would anyone care to share what their key rules for selecting development sites are?

Hi Westminster, Thank you for your reply. I think I'd like to start a little closer to Sydney (ideally Brisbane). I will definitely keep you in mind for future projects though. Do you mind me asking, what are the percentages you charge, and what services you provide?

Hello All, I'm interested in getting into property development. I will most likely start small with a subdivision. For at least the first one, I'm thinking of using a company to select the site and project manage the development i.e. select and acquire the site, do feasibility studies, liaise...

Hello, Will you be running any seminars in Sydney, or is there a webinar?