Property Development, Construction & Project Management
Every successful rehabber will have his or her own framework for evaluating the scope of potential deal and estimating renovation costs. In this article, the framework we use to evaluate the scope and estimate the rehab costs for your potential deals. The 25 Renovation ComponentsScope of Work (SOW) TasksCost GuidelinesDetermining Your Local PriceHow to Pay …
Continue reading Estimating Renovation Cost – What you need to know
It’s time for real estate investors to stop procrastinating and get busy: Hotspotting's Terry Ryder It’s a great time to be a landlord in Australia. With rare exceptions, vacancies are ultra low, rents are rising and there’s massive momentum behind prices. A nationwide property boom is under way (with the big city inner-ring unit markets …
Continue reading Is it a best time for property investors to get involved?
COVID-19 sees young Australians more keen on committing to home ownership Around 45 per cent of survey respondents are more likely to want to purchase a home now, with a similar number feeling optimistic about achieving their homeownership goals. Over 60 per cent of young people are reducing their spending, with 58.5 per cent adding more …
Continue reading Great News for Property Developers & Investors!
In this article, Yasir Ismat, Property Develoment Speciatist at Geelong Property Consulting talk us through the risks involved in property development so you know how to manage them. Many investors approach property development with rose coloured glasses. Still, to minimise your risks and maximise your chances of turning a good profit (remember you want at …
Continue reading Why Property Developers Fail, and What to Do about it
Put simply, the Project Manager (PM) is responsible for the success of a construction project. They oversee every aspect, including the planning, execution, monitoring, control and closure. Project Managers ensure that timeframe targets and budgets are met. Addition, it is critical that a good client relationship is maintained throughout the project. We can examine of …
Trash to treasure - How to use recycled materials to their advantage, and when not to. https://www.youtube.com/watch?v=r0Ejq_4GXEA Using salvaged materials to recycle There is a plethora of designer products that use salvaged materials as the basis of new designs, with the enthusiasm of a new creative paradigm. It may be a reaction to potnetial apocalypse, …
Submitting a property development funding proposal either to bank or prespective investors isn't an easy task, expecially in the current climate. Having a thorough, finacially viable developemnt proposal can increase the chances of obtaining funds for the project. This is particulary important for prespective lenders and investors, who typically base their approval on your project's …
Continue reading Why need a property development funding proposal?
Yasir Ismat Managing Director (GPC) Over the past decades, advances in technology have brought properties more quickly to the market, thereby increasing competition among buyers seeking good development sites. Despite these advances, many fundamentals still apply in selecting a potential development site. Site Rezoning Potential... Criteria for a residential development site are based on many …
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