Search results

  1. R

    Seller death before aettlement

    New clause added Hi All, An update from my side... Luckily vendor had not signed contract. It was just verbal approval from her son. So we have now got following clause inserted into contract which was worked out by solicitors at both end. I think this clause adequately protects us in the...
  2. R

    Seller death before aettlement

    No reason for chuckle Hi Ausprop, We will be spending appx 30k or so betwwen now and settlement for getting DA on the site. If for some reason, settlement does not go ahead then we will be loosing whatever we spent. So i see no reason for chuckle here. Normally i will not consider this...
  3. R

    Seller death before aettlement

    Thanks, Terry.
  4. R

    Seller death before aettlement

    Seller death before settlement We have enerted into a contract for buying a devy site in Brisbane. Seller is 93 years old lady and is frequently in and out of hospital. Our settlment is 90 days away. What will happen to contract and settlement if seller dies before settlement ? What if her...
  5. R

    Brisbane architecture for 3-4 townhouses development

    Hi All, Anyone who has used architect for townhouse development in brisbane before and care to share contact and validateour quote in first post of thread ? Rooky.
  6. R

    Brisbane architecture for 3-4 townhouses development

    Wylie, Yes, there are firms out there who provide all services including project management. So from start of your project till building completion, you need to deal with only one entity. Since they do project management and tendering also, as investor, we only need to interact with them...
  7. R

    Brisbane architecture for 3-4 townhouses development

    RetireRich101, Thanks for feedback. PRO Townplanners only does townplanning. They do not do architect work. What we are looking for is someone who does everything till construction starts. Yes, agree with your comment about higher development costs. I am in Perth. It costed me probably...
  8. R

    Brisbane architecture for 3-4 townhouses development

    We are looking for doing a development of 3-4 townhouses in Bulimba on 600 sqm LMR site. 1. Can anyone recommend a good arthitect whose services they have used in past and happy with them ? 2. what should be general architect fees( including town planning and other prodessionals as...
  9. R

    Investment and tax

    Hi All, Excuse me for putting this thread in this forum if you think its not right one. Could not find proper forum category as this topic covers both - investment(not only property) but tax also. Situation : A person wish to invest 30k every year for next 10 years. This 30k amount is...
  10. R

    Thank you.

    I think brokers mentioned in original post (and some other people like Paul from PFI, darryl from RPI, terry, aaron, aron sice etc comes to mind) are doing great service to public via this forum. They are not asking for anythin in return for their advice. There are many great contributors on...
  11. R

    Development site in Ascot

    I am offered a site in Ascot, QLD. It does have an existing 3 X 2 townhouse which needs to be renovated. There is council approval for 2 3X2 Townhouses at back. Site area is low 600 sqm. Asking price is around 1 million. Construction cost is 250-300K for each townhouses and renovation cost...
  12. R

    Who Bought in Sydney 2003/2004/2005/2006? And What Value is it Now (2014)?

    Hi LeoT, Can you let us know your thoughts about where in property clock is Brisbane market at present ? Also, would like to know where you think good suburbs to invest in Brisbane for development site with around 1 million budget(only site) ? Rooky
  13. R

    mirrabooka, balga, nollamarra

    who is the builder Hi z611143, I would say its pretty cheap and your parents are getting good deal. Can you let us know who is the builder ? How much total sqm ?
  14. R

    Loan for unit trust

    bank guarantee Thank you all for replying. Can you elaborate further on bank guarantee ? If I have given bank guarantee of 500k doesnit reduces my borrowing capacity ? Does it show up in my credit check report ?
  15. R

    Loan for unit trust

    We are 3 friends planning to buy a development site with rentable home which will be developed after 1-2 years and till that time it will be rented out. We want to buy in a structure in which we are not jointly and severally liable. Buying in a unit trust is our preferred option. In this...
  16. R

    Beware! SRO (Victoria) are on a warpath! Just got a land tax bill of 12k!

    what about WA Hi Paul, What about IP owned in personal name in WA and also PPOR ? Do we need to inform OSR about our purchase ?
  17. R

    Property investing is becoming addictive...#2

    Hi Nixba, Excellent buy !! Can you explain what is RPG ? I am from Perth so do not have much idea of prominent buyers agents in east coast.I am looking to buy on brisbane somewhere and doing my initial analysis of buyers agents. Rooky
  18. R

    Brisbane Buyer's agent and area recommendation

    LeoT, Obviously I am excited that construction is starting. Just want to finish it in time. Seems like you have read a lot about developing mindset for investment and about propety investment too. Can you please share your journey like how you started, what books you read etc.
  19. R

    Brisbane Buyer's agent and area recommendation

    Hi LeoT, I have done 2 development in Perth. Second one will soon have construction started. First one was very simple 2 lot sub division and I did it when I did not know what is entire subdivision process. Just learned on the way. My thinking at that time was what can go wrong? If I do...
Back
Top