If there is no alternative access and no chance of reconciliation. I would organise the trucks which deliver the site goods; long arm loader cranes or possibly hire a mini tower crane. I saw this been done with a new construction in an already built out strata complex. For concrete you can hire...
It is essential that you use a redraw facility. Banks will get suspicious at the amount of credit inquires that you are undertaking. However, this should be better now due to positive reporting.
Personally I work it out on an annualised captial ROI. For me personally, I find this is the best way to compare deals. The profit I work on for my buy/reno/flip is about an 8% gross margin on the deal.
So an example is as follows:
Purchase Price: 440k
Sale Price: 535k
Reno Costs: 25k...
I used Emma Ross from Momentum Wealth. I think that is who you are talking about. Apart from being a little biased because Momentum Wealth has done very well for me - I would definitely recommend them! Warning up front: they have an upfront research & structuring fee. Taking this into account, I...
Momentum Wealth does project managment, I had their info pack and it said the following:
- Site Acquisition
- Feasibility Study
- Development Financing
- Building Approvals
- Project Managment
- Leasing