Australians have long had a love affair with residential property. We have one of the highest rates of homeownership in the world and investing in residential real estate is a popular route to financial security.
In this fascinating, practical book, successful property developer, architect and writer Ron Forlee shows how, through careful planning and development, returns on property investment can be considerably enhanced. Readers are taken? step by step ? from site selection, sourcing development finance, getting advice, working with contractors, councils, consultants and solicitors, costing, monitoring and managing risk, and marketing, to finally selling the improved property.
Including tables, checklists and drawings, Australian Residential Property Development offers a huge amount of information evolving from the author? own education and experience.
Preface vii
1. Why residential developments? 1
2. Can you do it? 21
3. Understanding the market 37
4. Understanding the development process 51
5. Always get the best advice 65
6. Site selection and purchase 85
7. Maximising your profi t 105
8. Sourcing the best development fi nance 125
9. Developing without using your own cash 141
10. Companies, partners and syndicates 155
11. Taxes and tax planning 169
12. Landownership, title and transfer 179
13. Authorities, approvals and rezoning 193
14. Planning, design and cost control 211
15. Contracts and contractors 235
16. Marketing and selling 255
17. To sell or to hold 271
18. Conclusion 283
Appendix A: Role of the developer and team members at each stage of the development process 287
Appendix B: Property check list 295
Appendix C: Sample letter of intent 305
Appendix D: Sample option agreement 307
Appendix E: Cost and income schedule 311
Index 313
ISBN: 9780731403073
ISBN-10: 073140307X
Audience:
General
Format:
Paperback
Language:
English
Number Of Pages: 224
Published: October 2005
Dimensions (cm): 22.6 x 14.8
x 1.832
Weight (kg): 0.468