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build

The Build

Many of the properties we offer are brand new. This provides many benefits to investors such as providing a builder’s guarantee and substantial tax deductions for depreciation. But as they are new, they may be ready for construction, under construction or only recently completed.

Although the builder will generally move forward with the build without any real involvement from you, we find that most buyers are interested to see how the build is progressing. We can monitor the construction and, if you live some distance away, we can send you photos and assist with any queries you might have.

For a house, the land contract is usually a simple 30 days process, assuming the land title is registered. Then the builder will get approvals from council and might commence construction a month or so after the land contract settles. The build might take around 5 months to complete with progress payments due (from your lender) at various points in the build. Remember, you need to allow for interest on the land loan and the increasing construction loan during this process. The finished property can often be worth more than the combined land and construction cost so you can see an uplift in the value of the investment immediately on completion.

Alternatively, an apartment building can take 2 years or more to finalise with a deposit due upon signing a contract and full payment due on settlement when it’s complete and when you take ownership.

The construction period can involve lots of questions from buyers, so we work closely with you during this process to ensure you understand what’s happening and that it’s all running well. Having Investment Property HQ working with you will take all the stress out of this stage and let you enjoy the excitement of seeing your property appear before your very eyes.

« The Contract » Risk Control
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Property Success Master Plan

  • Ready to Invest?
  • Set Your Goals
  • Facts and Figures
  • Finance Appraisal
  • Property Location
  • The Contract
  • The Build
  • Risk Control
  • Property Management
  • Annual Review
IPHQ

Investment Property HQ

PO Box 5171
Maroochydore BC, QLD 4558

1800 767 332

10-step Master Plan

  • Ready to Invest?
  • Set Your Goals
  • Facts and Figures
  • Finance Appraisal
  • Property Location
  • The Contract
  • The Build
  • Risk Control
  • Property Management
  • Annual Review

Recent Articles & Tips

  • Brisbane Property – Kangaroo Point
  • Let Leverage Make Money For You
  • Very Interesting
  • Buying With Your Head
  • Paralysed with Fear?

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Copyright © Investment Property HQ 2020
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LEGAL DISCLAIMER
The information we provide is presented for illustrative and educational purposes only. It is not presented nor should it be treated as real estate advice, legal advice, investment advice or tax advice. Investment Property HQ and Invictus Financial Group Pty Ltd does not hold an Australian Financial Services Licence and does not purport to offer or provide financial advice. All investments involve risk and potential loss of money. If you require advice in any of these fields we urge you to contact a suitably qualified professional to assist and advise you. Your personal individual financial circumstances must be taken into account before you make any investment decision. We urge you to do this in conjunction with a suitably qualified professional. Invictus Financial Group Pty Ltd, Investment Property HQ and their associated companies, researchers, authorised distributors and licensees, employees and speakers do not guarantee your past, present or future investment results whether based on this information or otherwise. Invictus Financial Group Pty Ltd, Investment Property HQ and their affiliated companies disclaim all liability for your purchase decisions. You should do your own independent due diligence and seek the advice of qualified advisors before making any investment decision.