| Description |
1 online resource : illustrations |
| Contents |
Cover; Contents; Title; Copyright; Dedication; Acknowledgments; Preface; Chapter 1: Why residential developments?; Introduction; The demand for housing; Developing versus investing in established properties; Residential versus commercial developments; Types of residential developments; Quality of residential developments; Risks in residential development; Rewards in residential development; Conclusion; Chapter 2: Can you do it?; Introduction; Development strategies; To sell or to rent?; Personal management; Rules for success; What type of developer are you?; Can you manage the risk? |
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ConclusionChapter 3: Understanding the market; Introduction; When is the right time to develop?; Why do people move?; Who are the probable buyers?; What are buyers looking for?; Market factors that increase the value of a site; Researching growth patterns in your area; Gathering information about the property market; Undertaking a market study; Conclusion; Chapter 4: Understanding the development process; Introduction; The stages of residential development; Stage 1 -- inception; Stage 2 -- preliminary assessment; Stage 3 -- acquisition; Stage 4 -- planning, cost estimates, approvals |
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Stage 5 -- commitment and marketingStage 6 -- technical; Stage 7 -- construction; Stage 8 -- implementation; Conclusion; Chapter 5: Always get the best advice; Introduction; Building a business network; Build a team of professional advisers; Working with an architect or building designer; Conclusion; Chapter 6: Site selection and purchase; Introduction; Analysing the location; Analysing the physical characteristics; Analysing the social characteristics; Analysing governmental controls; Analysing the economic characteristics; Analysing real estate market trends; Reviewing legal documentation |
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Preparing a pre-purchase feasibility studyPreparing to make an offer to purchase; How to write a letter of intent; How to secure an option; Conclusion; Chapter 7: Maximising your profit; Introduction; Cost and income examination; Evaluating your profit; Analysing the returns; Detailed feasibility study; Methods to reduce costs and increase profits; Conclusion; Chapter 8: Sourcing the best development finance; Introduction; Debt financing; How to deal with a lender; Major sources of development finance; Costs and charges of raising finance; Methods of raising finance; Types of interest rates |
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Development construction loansGuarantees; Sourcing the best development finance; Do's and don'ts when dealing with finance; Conclusion; Chapter 9: Developing without using your own cash; Introduction; Creating free equity; Seller finance; Negotiate a joint venture; Bring in an equity partner; Securing development rights; The value of options; Generating your own fees; Conclusion; Chapter 10: Companies, partners and syndicates; Introduction; Choice of development vehicle; Development through sole ownership; Development in joint names; Development by tenants in common |
| Summary |
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, mo |
| Notes |
Includes index |
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Development by partnership |
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Print version record |
| Subject |
Real property -- Australia -- Handbooks, manuals, etc
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BUSINESS & ECONOMICS -- Real Estate -- General.
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Real property
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Australia
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| Genre/Form |
Handbooks and manuals
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| Form |
Electronic book
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| ISBN |
9781118303740 |
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1118303741 |
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