podcast

The pitfalls of subdividing

The pitfalls of subdividing

Sam Saggers - Positive Real Estate

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Subdivision's am awesome strategy for people looking to create equity and it's probably one of the tougher forms of recreation of equity in the market place. So finding a property where we can split the block, create a new title, and essentially create value by establishing that new title. So there's plenty of pitfalls when it comes to understanding how to do that, working with council, creating a new development application, connecting the power, creating driveways or egress and ingress into the property can be quite challenging at times. Subdivisions are a great way to to create some money in the marketplace but in average most investors would need an extra $100 000 to create the new title system across the country. So you need to be mindful. Do you have the right budget to get the job done?

 

Listen to other instalments of The Smart Property Investment Show:
Episode 89: Renovating as a couple: two young investors share their story
Episode 88: Everything you want to know about the short-term rental market revealed
Episode 87: BONUS EPISODE: Former Olympian shares his property development know-how
Episode 86: How a former Olympian found new sport in property development: Ed Fernon's success story
Episode 85: Q&A session with Paul Glossop – more questions answered!
Episode 84: 'How I overcame dodgy builders to manufacture $100k in equity in less than a month'
Episode 83: BONUS EPISODE: Top Aussie broker’s tips for surviving changes to mortgage lending
Episode 82: The investment strategy that could allow this 32-year-old to retire TODAY
Episode 81: BONUS EPISODE: Secrets of the Perth market uncovered: invest now or wait?
Episode 80: Q&A session: SPI answers all your burning questions
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