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Eamon Lowe Gold Coast - How To Become a Property Developer in Australia?

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  For all the aspiring property developers who want to deep dive into the field, here are some tips offered by the professional Eamon Lowe Gold Coast . Read on to know these tips. Typically, property developers finance the project themselves. They do this either with their own capital, development loans or by attracting investors. So, they must know about all the financial risks involved. Besides, they need to ensure that all stages of the development are well monitored so that the quality of the final result is at par with the set standard. Here’s all that you need to do to get started: Step 1: Complete a relevant course It is recommended that you finish a course in real estate or a related field. This will give you a deeper insight into some of the key concepts in property development. If possible, do a bachelor’s degree in property development.  Step 2: Do your research Now that you have all the theoretical knowledge pertaining to the field, Eamon Lowe Gold Coast suggests that you

Eamon Lowe Gold Coast : 3 Reasons to Invest in Real Estate

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Eamon Lowe Gold Coast specifies that there are many benefits of investing in real estate. If you choose the assets wisely, you will be able to enjoy predictable cash flow and get excellent returns, tax advantages, and chances for diversification. Better still, you can leverage real estate to build actual wealth. It is easy to understand real estate. Besides, it can enhance the risk-and-return profile of an investor's portfolio by lowering volatility through diversification, whether you invest in Real Estate Investment Trusts or physical properties. Cash Flow Mostly, cash flow only increases with time once you pay your mortgage and build up your equity. Tax Breaks & Deductions These save money at the time of tax calculation. You can deduct the reasonable costs of owning, operating, and managing a property. Portfolio Diversification Real estate has a low—and sometimes, negative—correlation with other major assets. The addition of real estate to a portfolio of diversified assets

Eamon Lowe Gold Coast - Can Real Estate Investment Be Profitable?

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  There is a pretty straightforward yet strategic way specified by Eamon Lowe Gold Coast to get profits from Real Estate Investment. Read on to know about this hack. Getting straight to the truth of the matter. The first most common way to get profit through real estate is that it appreciates or increases in value. You can achieve this in various ways for various kinds of property. But it CAN BE realized in only one way; through selling. Meanwhile, you can improve the return on your investment on a property in many ways. If you’ve borrowed money to buy a property, refinance the loan at a lower interest. This will lower the cost basis for the property, thus eventually increasing the amount you clear from it. How to increase the value of your property? If you own undeveloped land is, develop it. It can happen by discovering valuable minerals or other commodities. Buy land in locations where the demand for housing is high. Make home improvements to appreciate the value of your property.

Eamon Lowe Gold Coast - Top 3 Real Estate Trends in 2021

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The housing market is in a constant flux of change. On top of that, it is a highly localized industry. So, the conditions vary in every state, city, and metro. Read on to know about the trends to look out for this year. These trends have been carefully charted by expert property developer Eamon Lowe Gold Coast . See how the property development scene will unfold this year: Rising prices In layman’s terms, housing prices rise when the demand is high and the supply is low. Across the globe, home prices have been rising, and this trend will continue this year. Increasing affordability Fortunately, with the rising home prices, the income level of people is also rising. Thus, more people are being able to afford houses that they didn’t before. This is definitely some good news. Less house inventory The supply of houses listed for sale has been continually minimal in the last few years. On top of that, the Covid crisis has only made things worse.  Widespread vaccinations may ease the restric

Eamon Lowe Gold Coast - Steps to Build a Home

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It is no less than a work of art to build a home. It is also a great equalizer. It doesn’t matter which strata of the society you belong to. Having a home of your own is a feat in itself. Eamon Lowe Gold Coast also feels the same. In fact, it was the reason that inspired him to become a property developer. So, let’s get the ball rolling. These are the steps: Making a plan and applying for a permit An architect will help you devise a plan. After its approval, it is sealed by a licensed engineer. Then there are miscellaneous things needed by the municipality. Only then can the builder apply for the building permit. Leveling the land You need to hire a crew of workers to clear and level the land for starting construction. The footings are then dug & poured; a stem wall is filled with all underground plumbing. Then, the slab is poured, the exterior block wall is laid, and a lintel course is poured. Framing, plumbing, & electric layout Afterward, roof trusses are installed &

Eamon Lowe Gold Coast - Tips For Choosing The Best Real Estate Agent

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If you’re an aspiring property developer, you’ve got to know the tricks of the trade, or things can go downhill really fast.  It is always good to get a headstart when you’re starting something new. This is especially true for those aspiring to make a career in property development. Here are some tips told by Eamon Lowe Gold Coast -based leading property developer, that you must go through if you’re starting new in the field: Usually, The First Offer is The Best Offer Do not wait for a better offer once the first offer comes in. Know that the client who makes the first offer is the most qualified prospect. He has been long wanting to buy a home like the one you’re selling. So, he is a sure-shot buyer that you don’t wanna lose. Verify the Details Given by Buyers So say, for example, a prospective buyer says he can get a loan, verify with the proof of funds letter or a pre-approval letter. In fact, Eamon Lowe Gold Coast -based property developer, suggests that you personally call the m

Eamon Lowe Gold Coast - Upfront Costs While Buying a Home in Australia

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  Probably the biggest purchase of somebody’s life is buying a home. And when you save money for a home, it takes a lot of time and effort for a big investment like this. If you want to put your savings down on a place, there are certain upfront costs you should be aware of to keep everything in budget. One of the widely known property developers in Australia,   Eamon Lowe Gold Coast   has explained all the upfront and ongoing costs you may come across.  Upfront Costs Purchase price – As the name suggests, this is the entire cost of the property which remains as it is if you are willing to pay outright. Otherwise, your purchase price would be 10% to 20% of the total costs, which you need as a minimum deposit to take out a home loan.  Loan application fee    This is a one-time payment that you make to your lender when the loan begins. It varies for different providers and covers certain things including, but not limited to, property appraisals, credit checks, service charges, and admin