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  1. westminster

    Builders License - WA

    Looks like $500k has been breached as this is Under Offer - though the offer might have been under $500 http://www.realestate.com.au/property-villa-wa-westminster-115781583 Definitely a few townhouses reached almost mid $550k
  2. westminster

    Builders License - WA

    I imagine that they risk profile you to ascertain their risk position and a new builder probably has higher rates - hopefully their risk profile goes down a bit when you say that you'll be doing 4 projects (12-18 dwellings) per year.
  3. westminster

    Builders License - WA

    It would be interesting to go to a Cost Plus model like they do with renos - often it's Cost + 30%. You'd need the cash behind you though as banks hate it.
  4. westminster

    Builders License - WA

    What I worry about is how to attain this magical builder's margin in my pocket. One doesn't just flash a Builder's license at the tradies and they automatically give you a discount. They discount based on volume, future work, negotiations and because you are their second cousin twice removed...
  5. westminster

    Builders License - WA

    Just curious - how did you quanity those $100k savings? Is the rate for trades that much cheaper for 2-4 projects vs the rate they would give someone for one project? This is my next step to go to so I'm eager to learn. Feel free to discuss this privately with me.
  6. westminster

    Builders License - WA

    You can't owner built for someone else, only for yourself. You then need to keep the property for 7yrs (I think?) or pay for insurance to be covered like you would under a builders warranty. You do contact the MBA to get advice for your builders ticket and they will advice the best route...
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