In the fifth instalment of this series on property development, I’ll explain in detail how to secure funding for your real estate development project. Before you commence any development project, it is obviously crucial to first establish how much you can borrow and how you will be able to manage all associated costs of the…
In the fourth instalment of my series on development, I’ll walk you through each step of the development journey. Becoming a property developer, even dabbling in the idea of development as an adjunct to a more passive property investment career, is not as simple as it seems. New builds require extensive legwork and preparation, and…
In this third instalment of the Property Development Series, I’ll walk you through the professionals you need on your side throughout your property development project. The property development process has become more complicated over the last few years due to the increased influence of the state government, local councils and various interest groups in the…
Have you ever considered getting involved in property development? With the good old boom days of the Australian property market well and truly over, many investors are considering how they can become more actively involved in growing the value of their property portfolio. They realise that simply sitting back and waiting for their equity to…
Property Development involves a wide range of activities and processes from purchasing land, building and developing high-rise apartment buildings and everything in between. In order to be successful, you’ll need to educate yourself on property, the markets, economics, finance, town planning, the construction processes and the marketing of real estate projects. Sound like a lot of…
When it comes to renovating, the majority of home renovation projects are an investment that can add both value and appeal to your property. But there can be a big difference between renovating your own home for aesthetic appeal and to suit your own personal taste, versus renovating an investment property with the goal of…
Have you considered getting involved in property renovations? Making a tidy profit renovating a property seems like a very attractive proposition, doesn’t it? And that’s why more real estate investors are turning their aim to renovations. You know… buying low, renovating cheaply and adding substantial value is the aim of the game. It sounds simple…
How many times have you driven past a property and said to yourself, “If only I had bought that property when it was for sale five years ago? Who wouldn’t have bought more properties 10 years ago if they knew they would have doubled in value as many well-located real estate have done over the…
Building a new home in Victoria just got a whole lot more expensive. Earlier this month, the cost of building a new home jumped by about $25,000 overnight. This spike followed a 35% surge in new home sales across the state in April. Buyers were rushing to beat the new minimum standards under the National…
If you think investing in property is beyond your reach, then it might be time to think about joint ventures. Picture yourself in this scenario… you’re now in your 50s and your kids are all grown up and left home. You see them battling out there in the jungle and you wonder how they’re going…
