Manny
Reply: 1.1.1.1.1
From: Mike .
Re: Developing
From: Manny
Date: 07 Feb 2001
Time: 08:48:02
I must agree with you Jeanette, I noticed this with my builder (who was useless by the way), who couldn't manage his own resources (poor project management), which I had to pick up the pieces & keep the project running.
The best thing to do as I may have already mentioned is do your research & feel free to ring around for answers (ie. local councils, other developers, property managers, etc.) to ensure you know what you are doing & not get conned by builders (note: ensure you go through your contract precisely, if it is not in the contract you can assume you will not get it, even if the builder did promise it when signing the contract - IF IT ISN'T IN WRITING, IT WASN'T AGREED UPON)...
Note: when you build dual occupancy, you get hit with extra utility charges (ie. Melbourne Water, etc.) who all want money (big sums in some cases, ie. Melbourne Water wanted $3,300 before I can start building) & you have to pay even more when you subdivide (split your units into individual titles (from surveyor costs, to bank costs, titles office costs, conveyancer costs, extra Melbourne Water costs, PowerCore "electricity" costs, etc.)... so by doing your research early you will get to know exactly what you will be up for (which is not only the building costs, as I got to realise)...
If you have any questions I would be more than happy to share my experiences...
Manny