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I think both is the way to go about it in my opinion. Firstly you dont want to be stagnant and not move forwards with more developments, and lose drive or motivation. Secondly you want to hold as many (in my opinion) of each development as possible, provided they allow a better cash...

I started out trusting the selling agent as she has similar interests and does some small developments of her own. I guess a good understanding of the concept and process simply arent enough when after a good 'selling' agent unfortunately... Aaron, I gave her a plan stick with everything on it...

Point taken re the uploaded pic of the development... I must be honest and say that I have only viewed it on my mobile so hadnt really noticed much due to lack of detail. Having said that, the plan is straight off a USB stick so not sure what has gone wrong there. Also re the aerial shot...

Hi folks, its been quite a while since I last visited the forum. Ive been working on a multi unit site in Pakenham for over a year now and have jumped through hoops to please the council. Its finally at a stage to contract a builder with plans and permits, engineering, soil tests, etc etc done...

Unfortunately not everywhere. Again, its all about position and buying the right stock to start with.

Ok Im back... The 90 degree dot points simply means that unlike the line type beam that several lasers do; there are also several that literally shoot a point of laser light in a dot on a wall for example. The more dot points they do, generally the better as they will generally only do either...

You could jump onto one of the local Koi forums or contact the Koi association of Aus and I bet someone will happily remove it for free!!? Just a thought. These people dont take their Koi keeping lightly. I bet its gone in a week:-) Ps you could only do this in NSW or WA as they are illegal...

Seems ok but you can do better (in particular the 90 degree dot point function. The line lasers are very handy but for your angles; you cant go past one that does full functions. SPALCO in Melbourne are cheap for lasers and have one that has all the bells and whistles. I use one at work and it...

No car space possible? An average 2 car garage is 36m2!

I usually try to get an idea from the managing agent as to whether the reno will benefit me with increased rent. If they were to say that I could charge an extra $20 per week, I then do some calcs to determine how much debt that money would cover at current interest levels. Lets say youre...

Certainly not my taste, but as a matter of interest I happen to know the listing agent! Just for a laugh, I occasionally wear his old suit and pants that he very kindly passed down to me!!! LOL Regarding the lack of car parking, and with such deep pockets and a massive floor space, it should be...

Do you want the positive cash flow that it will likely give after building the townhouses (supposing the council give you DA), or was it only a stepping stone to CG and youre not fussed about the area etc? If you sell and pay down debt to sell the block, youre likely to pay stamp duty and...

Call council and ask if there is scope to change the zoning of the house to industrial/dual zoning.There may be scope for a value add if industrial property in the area is rare? Just a thought...

ACCC? Or read the fine text in the contractual agreement that you signed (management authority). It may have a consumer complaints contact.

Not bad Jay... Basically pretty good to begin with, I'm interested to see what other sorts of coments\reccomendations are forthcoming..... How do you change the 'fees' value?

Lucky lucky man! Any more similar opportunities available in the immediate surrounds?

Just as a matter of interest, loads of investment advisors give the advice of purchasing as close to the median price as possible so that when selling\renting you appeal to the broader community and have a larger level of interest in the given property. If this was adhered to, you could likely...

I must say, very nicely said...

To my understanding, there is legislation preventing the interconnection of such circulation systems within adjoining apartments/or units. It is primarily for fire safety and preventing the spread of smoke and fire throughout the building. It may be possible that older blocks of units are not...

Most ip owners in mining towns have an exit strategy, I guess in this instance they added on the rear units, realise increased value with great holding costs while they built, and move on before the boom's over? Just a guess. If it were with better long term prospects (in my opinion), I'd buy...