Hi guys
I've been lurking in the shadows here for a while now, really helped me work out where to buy my first unit. So i thought it's about time I post something and ask my own specific questions.
As the title says, myself and a few mates are looking at buying a rundown/older place around Sydney or the central coast (probably leaning more towards Sydney). Doing a renovation on it and selling it in as short amount of time as possible. In the group we have an electrician, a carpenter a landscaper and a real estate agent (commercial). So we defiantly have the skills to do the work, I'm more looking for ideas on the best way to structure the set up of the venture? We are looking at doing it as a business as we Already have our companies which we can contract to do the work. Also just wondering what people's thoughts are on the st George area or places like sylvania, oyster bay caring bah etc or any we haven't looked into
The main thing I'm really wanting to hear is anybodies ideas on things we should look out for and maybe scenarios where people have been stung before...
I know I'm asking a few things but Any help will be much appreciated as a couple of the boys are getting really exited and I'm trying to hold them back a bit
Thanks in advance
I've been lurking in the shadows here for a while now, really helped me work out where to buy my first unit. So i thought it's about time I post something and ask my own specific questions.
As the title says, myself and a few mates are looking at buying a rundown/older place around Sydney or the central coast (probably leaning more towards Sydney). Doing a renovation on it and selling it in as short amount of time as possible. In the group we have an electrician, a carpenter a landscaper and a real estate agent (commercial). So we defiantly have the skills to do the work, I'm more looking for ideas on the best way to structure the set up of the venture? We are looking at doing it as a business as we Already have our companies which we can contract to do the work. Also just wondering what people's thoughts are on the st George area or places like sylvania, oyster bay caring bah etc or any we haven't looked into
The main thing I'm really wanting to hear is anybodies ideas on things we should look out for and maybe scenarios where people have been stung before...
I know I'm asking a few things but Any help will be much appreciated as a couple of the boys are getting really exited and I'm trying to hold them back a bit
Thanks in advance