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  1. Elmer Liu

    My first project in Deer Park

    Hi all, just went through Brendon's diary and it's so inspiring. :) I have just purchased a potential site in Deer Park ( close to the train station), and decided to start my own diary as well. As the title suggests, this is my first project and even though I have done a lot of home work and...
  2. Elmer Liu

    Builder inflating prices ?

    Was talking to a builder today about the project they are doing. block of 16 units in one of the mel western suburbs. They told me with the ones they have already sold off the plan, the bank valuation came back at $30,000 more than the price their customers paid.. Asking price: $299,000...
  3. Elmer Liu

    Am I doing this right ??

    G'day eveyone, I have been trying to get into the subdivision/development game as I am trying to manufacture GC myself. I am based in Melbourne and I am looking at the western suburbs ( Deer Park, derrimut etc. ) at the moment for development opportunities as I couldn't afford the east. :(...
  4. Elmer Liu

    What sacrifices have you made during your property investment journey?

    Hi guys, not sure if I can call this a sacrifice. :) I just sold my car to raise funds for IP's. I do have another car, which is good enough for daily drive, however I also love cars, so I bought myself a performance car 2.5 years ago after I had paid off my home. At the time, I thought why not...
  5. Elmer Liu

    My first IP!

    Hi everyone, not sure this is the right place to post this, but my offer for my 1st IP has just been accepted! ( I know it's not official yet, I could be gazumped in the last minute etc, however I just could resist sharing this exciting ( for me at least, being a first timer) news with you all...
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