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  1. Philip Thomas

    Property Mentoring Program

    Books on Property Developing on a similar subject, thought i'd post this, as it may help. Hi John, Thanks for positive feedback regarding Profit from Property. There are many excellent development books available. While most are US centric they still contain plenty of relevant...
  2. Philip Thomas

    Property Mentoring Program

    Development mentoring I have been contacted a lot lately regarding mentoring. So thought i'd post recent response. Have not posted for some time as have also been extremely busy..... In my opinion, there is a significant disconnect between the development capability claims, experience &...
  3. Philip Thomas

    Developing residence on back of retail

    Development at Shop Rear Recommend taking what the agent tells you as "sales puff". The agents objective is to sell the property for the vendor to collect the highest commission as quickly as possible. To do this some agents may stretch the truth with regards to what can & can not be done to a...
  4. Philip Thomas

    Anyone heard of property secrets ?

    Make sure you are clear of the facts, then take property spruikers to Fair Trading to start with then Corporate regulator ASIC for serious matters like fraud.
  5. Philip Thomas

    Info / Books About Development

    Property Development Thank you imbi3 for the praise Re Profit from Property!!! :) It's been some time since ive sent any posts as i've been so busy in the Sydney property market over the past few years. Entry level has been hot & it now appears to be spilling over into other parts of...
  6. Philip Thomas

    Bob Anderson, Billion Dollar Developers Coaching Program????

    Professional Fees Most of the professionals charge by the hour. So if you have 3 quotes & one is much less than the other it doesn't mean the lowest fee is the best. It just means the lowest fee consultant plans to do the least amount of work. I recommend work out who the best person is in...
  7. Philip Thomas

    My little Mona Vale development update - Phase 3

    Wow Michael, you have come a long way with your Mona Vale development. Congratulations, you have done really well. This is a good looking development & a great idea sharing it on Somersoft for others to benefit. Kudos to you!!! It only seemed like yesterday when you were embarking on...
  8. Philip Thomas

    Bob Anderson, Billion Dollar Developers Coaching Program????

    Reality Cheque & Rockstar as you have both been doing development (subdivisions) what are yout thoughts on this topic.
  9. Philip Thomas

    1st Development, which way to go??

    Reality Cheque & Rockstar am sure you could both add some value to the post "Bob Anderson, Billion Dollar Developers Coaching Program????" as you have both been doing development (subdivisions) & that post has a similar theme to this one.
  10. Philip Thomas

    1st Development, which way to go??

    "watching the profesionals and studying the steps they take to guide the process through to construction cert. Build good relationships with your solicitor and surveyor and don't be afraid to consult council planning staff (senior if possible)" is sound advice Rockstar.
  11. Philip Thomas

    1st Development, which way to go??

    Development - Get the Right Advice This is difficult advice to agree with. Firstly, surveyor hourly rates are more than 1/2 that of solicitors. The $1,500 fee the surveyor proposed looks like it included the LPI / Titles Office lodgement fee which last time i looked was around $1,363 in NSW...
  12. Philip Thomas

    Bob Anderson, Billion Dollar Developers Coaching Program????

    Subdivisions Made Simple Many of our clients are not experts on subdivisions & never will be, yet they do some huge subdivisions. So why would you be any different. Not sure you need an expensive course to do a subdivision. They are quite straight forward especially if you start small i.e. 2...
  13. Philip Thomas

    issues in the middle of construction

    Your contract to build the home will be with the building contractor & not an individual employee of the building contractor. Having a change of key staff while not ideal, in some times it can actually be better (depends on the abilities, competence & skills of the new staff compared to the...
  14. Philip Thomas

    Bob Anderson, Billion Dollar Developers Coaching Program????

    Property Development If you are interested in property development I recommend: 1. Read lots of posts in Somersoft on development. 2. Read as many books on development you can (some are good others not) - check your local library 1st. Aust focus is a good start. 3. Subscribe to API / YIP...
  15. Philip Thomas

    Profit from Property

    Simon what you've done here is the best approach. Get on with your neighbours as much as possible. While it doesn't guarantee a smooth build it certainly paves the way for optimum conditions. This is far better than dealing with your neighbours via the courts & a solicitor. At the end of the...
  16. Philip Thomas

    Buying a block of units

    Geoffw, Well spotted. Thanks. Philip
  17. Philip Thomas

    Property investment courses/seminars

    Learning by doing Ben, you make a good point here, seminars can be very motivational. Keep in mind that learning is continuos. it doesn't stop the day you leave school. It doesn't stop when you leave tech, college or uni. It doesn't stop when you finish home study, the latest book, or a...
  18. Philip Thomas

    Thinking of getting into small development?

    Pricing the Market Hi gooram, Property prices depend on what comparable properties are selling in the same area, within the same market. This may vary sometimes if you can offer something unique or different to a market that is under serviced. Try looking at what the market wants & at...
  19. Philip Thomas

    Profit from Property

    Profit from Property - online Hi Rooster, There are quite a few groups carrying Profit from Property. Try searching via ISBN: 9781742469461 You can go direct to the publisher Wiley's (who are global) http://au.wiley.com/WileyCDA/WileyTitle/productCd-1742469469.html or try many of...
  20. Philip Thomas

    Profit from Property

    NigelW thank you for the constructive feedback on Profit from Property.
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