What should you know before becoming an owner builder?
HTML-код
- Опубликовано: 26 мар 2017
- Have you ever considered becoming an owner builder to build your home in Australia? Or are you looking to build a new home?
Then you should watch this video where Usher Perera a seasoned property developer based in Melbourne with a Seasoned Builder / Developer John Williams speaks about what you should know about being an owner builder or hiring a registered builder.
As part of sharing knowledge these two will present as much information possible for you to become a builder or a developer in Australia, further they will interview more experts to get you the latest videos in the future.
Therefore do Subscribe to the Channel: and Like and Comment your thoughts!
Visit Website for more in depth videos and training:
profitrealestate.com.au
This video contains information about: owner builder
• What should you know b...
Useful information. Great job
Thank you very much Usher and John. It’s very useful information.
Hope to see more of your videos.
Thank you so much for such practical advises.
Thank you, very useful.
I’ve been doing owner builder for 10 years. It is definitely the way to go to save money. I made $100,000 off my last build in under a year. Thanks for sharing!
are you doing it in different states or do you have three wives where you do it in each of their names ?
Mark Yes same state. Same wife
So really you built 2 house.. You can only build 1 every 5 years
@@MegaShowtime2012 Not true. You can do the home sale tax exclusion every 2yrs. You must live in the house as your primary residence 2 out of 5 yrs.
@@TheExcellentLaborer thanks for clarifying it..
In Victoria, an owner builder must live in the house for 3 years before he can sell it?
Is there a fine if he sells the house prior to 3 years?
What happens if the owner builder does not stay in the house and keeps the house empty for 3 years?
Can he rent it out ?
Thanks
Hassan Khan he doesn’t have to live in it, he just can’t build again for three years.
Hi Guys, I am going to go for the owner builder for my second property, I also wish to become a builder my self, But should I stick to investing or should I build my own investments? is the money saved worth being a builder, or what is the margin a builder will request? thanks in advance
Hey Joseph yeah its a good question, if you are going to become a builder just to save bit of a profit margin I think better off just doing the developments and trying to compare prices between builders. But if you would like to build a brand or business then being a builder would be a good alternative. The profit margin varies depending on where you are building and what you are building or renovating. Generally its in the range of 10-20% profits.
Guys, Even I'm thinking to do a owner builder for my second property so like to discuss, please reply then will give my contact details. Shiva
Make sure you get multiple quotes. When you are not in the 'trade' the supplies will sell you higher prices. Why consumers alway pay more? I don't know.
Might save a little of money along the process, but the time spent running around can be of tiresome. In NSW a race like to laught at other people, they tend to help each others if you can speak their language. They generally ask you "Are you.....?" When you speak their language, you are reconsidered one of their people. A lot of them in this sector.. charging less for the work they do for their people.
They are following their leader's words. Their leader's name now their capital city.....now you know which Asian country that is.
I was thinking of becoming owner builder but after a long thought about it, put me off from going ahead to become an owner builder. May be small jobs, but when lots of money involved, I'd say owner builder is not for every one.
John Williams???? C'mon, starting the presentation with lies? PFFFFT!!!
You got no idea of the world you live in. Christianity and colonisation have changed surnames and identies over 10 generations.
@@georgemathew7958 yes, it’s just like those Indian phone scammers that always take on an Anglo Saxon first and last name and even lie about the location they are calling from.
You are welcome to be gullible to the reality of life, I will not.
@@dunloplego agree about the phone scammers. But I am a brown guy with so called English names. You can't go around making such nasty assumptions
@@georgemathew7958 such is your lot in life. This will follow you wherever you go. You can complain but you cannot change others. It is your predicament, and even though I see your point, i know of Sri Lankans with catholic names,it will not change me from being skeptical. It’s a frustration for both of us and we both have to deal with it.