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    Profit Margin on Perth Developments

    I'm wanting to flip and use the spare equity to the invest for holding income but crunching my numbers and it looks fairly tight at the minute, 15%-20%. If you're achieving more, where did you get the gain? Getting good deals on buying? Reduced building costs? Higher selling prices?
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    Profit Margin on Perth Developments

    Just curious for all the perth property developers, what sort of profit margin would you settle for or are achieving in Perth currently? Just trying to compare before I dip my toes to assess the quality of the deal...
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    To renovate or To not renovate before selling?

    Just also include the make good when you knock the wall out and the plaster, then waiting for it to dry prior to paint etc
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    I love a reno challenge

    Hi Brian, Thanks for that information, much appreciated. Thats a very good price on the kitchen, is that cabinetry or does it also include the benchtop and applicances? Is yes, what benchtop are you using? Thanks, :D
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    I love a reno challenge

    Hi NBS, Just wondering what your budget was for the reno? How much in particular did you spend on the kitchen units? Thanks, :D
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    Where do you get the due diligence advice from

    My advice is the following: - Get a copy of the lot plan from the REA and then go visit the council, find out details about what they require for subdivision, is it still feasible? - Visit a surveyor and ask for his advice and get a quote for the subdivision works, you should tell him or...
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    Renovation questions....will it be worth it?

    Thanks Jane, your advice was really good, what did you do to change the front in the latter picture? how much did it cost? Some pictures of the house below This is the current patio, I have totally demolised this as the timber was rotten and made the house very dark internally A...
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    Renovation questions....will it be worth it?

    Hi Mystery, I'm already planning to modernise the kitchen, bathroom and repaint the inside, the work proposed is to supplement these as I intend to rent it out for a year then sell it, I want the house to have a modern first impression for a potential buyer. Thanks,
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    Renovation questions....will it be worth it?

    A few queries simply with regard to renovation, background: Single Storey 1983 house in a high class suburb in WA. Wondering about the following: Is it worth replacing windows? Can you get them powder coated? they are an ugly brown at the minute? The guttering has various colours in...
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    Converting Laundry into Bathroom

    Any experiences on this? It shouldn't be as costly as most of the plumbling is in place for the laundry but the particular issue we have is not other place to place the laundy so we are thinking of putting up a stud wall and a counter and putting the laundry under it but we would require...
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    Buying in Doubleview, Perth

    no worries, might ask him to send it to me prior to going to sign the offer, also a few more queries.... Thier is the possibly that an internal modification (he took a wall out and replaced it with a beam to open it up) might/might not require a building licence + planning approval. Even the...
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    Buying in Doubleview, Perth

    Any opinions, advice or dribbles of information? in addition, just wanted some further information on the conditions of contract. When you sign to submit an offer, I believe in Australia that is the same as a contract to buy the house, therefore when you sign the offer contract, you need...
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