First Home Owners Grant increasing to $15k for 2017!
First home buyers purchasing newly built properties will now have access to a $15,000 First Home Owners Grant until 31 December 2017. This provides a great stepping stone for first home buyers in affordability to get themselves into their very own home. As with the existing grant, the boost payment applies to new homes up to the value of $750,000 (or up to one million dollars if the home is located north of the 26th parallel). Sciano Heights Success, which... View Article
How to Maximise your Selling Price
We see it time and time and that only once owners decide to sell that only then do they finally get around to doing the odd the jobs around the home that they’ve been putting off for years. Painting the eaves, replacing the broken fence panel, ceiling paint that is flaking, redoing the paving that sinking in spots are just a few of the tasks that get added to the list…… I’ll do that one day! The little jobs will costs... View Article
Timing your Move into the Market is Paramount in Your SUCCESS!
Timing the real estate market is a task that baffles even professionals, making it no easy feat especially for developers. However, there are a few general rules that you can keep in mind when your either purchasing or selling your development to improve your chances of a favourable, lucrative outcome. Many people say it’s easy just buy low and sell when its high! In theory it sounds correct – Yet the current state of your area’s real estate market must be taken... View Article
Renters Top 5 Things They Get Annoyed With
Speak to any renters out there and I’m positive they can relate to at least two of these renters dilemma’s experiences…….. 1. Personal Space We find that a majority of renters find it feasible to have housemates with them to share in the costs and chores once they move out of home and begin their independence. Unfortunately what they tend to forget that being friends with someone and actually living under the same roof will bring out a total different... View Article
5 Tips to Building your First Home
BUILDING YOUR FIRST HOME CAN BE A STRESSFUL EXPERIENCE….. SO HERE ARE FIVE TIPS TO HELP MAKE IT A SMOOTHER EXERCISE! We all dream about one day building our own home and into today’s market it’s even more popular with First Time Home Buyers as it offers an affordable entry into the property market. However the actual thought for some people of going through the process scares them and turns them into a nervous wreck BUT with some careful planning... View Article
ALWAYS Consider Your Return on Investment
If you are selling this development property, you want to make sure that you get at least 20% on total development cost, the larger the site the higher the ROI needs to be. This does not include your IRR on equity. If you are leasing the property, you want to make sure that you get 5% of a rental yield. To determine the return on investment you would need to complete a feasibility study including profit and loss, categorised cash... View Article
You Need to Understand the MARKET your Playing in!
Understand Your Market before Becoming a Property Developer. You want to understand your market so that you can tailor your property to sell quickly. For instance, if you want to target your property for a family you need to make sure to consider the needs of a family. You will need to pick a good location for families and make sure the house is set up with a family in mind. This plan will help you stick to your budget... View Article
Are you Overpaying for Your Property Development sites?
The reason your considering Property Development is you understand and can appreciate that it’s a great way to make a profit. SO why on earth would you want to pay full asking price for any property that you are purchasing. By doing so you are simply reducing the amount of profit that you will get after everything is said and done. You want to be sure to purchase a property at a reasonable price to ensure that you will walk... View Article
Planning your Project Development is Vitally Important
Let me ask you this question…… “when you go on your next vacation – would you have a plan in place or simply jump on the next plane and where it lands Yahoo!” NO – of course you plan your vacation from the very beginning, what day you’ll leave, the time of the flight, time you arrive, accommodation, transport, right to the very end and what day you leave and arrive back home. It’s all planned ahead of schedule, full... View Article
Evel Knievel & the Five Fears of Investment!
Fear is the most negative and destructive of all human emotions. Conquering fear was Evel Knievel’s number one skill and he provided a lesson for every would be financially independent property investor.