string(15) "47.628458498024" [5]=> string(6) "Nundle" } This is where we guide you through all the final details to ensure everything is clear and understood by all parties. STEP ONE – LAND ACQUISITION. With a duplex, someone else can help to pay your mortgage. Once the houses are built and subdivided they could be sold for $350,000 each, making you a profit of $100,000 – all within 12 to 18 months. Creates the ability to fast track your wealth, so it’s great for retirees. Having your finances in order is essential to any successful investment. two-floor side-by-side duplex with mid-grade materials). Keen to build equity through property investment, but short on time? string(5) "Keith" Only certain councils will allow duplexes. ["postcode"]=> string(4) "5267" } string(22) "/data/nsw/2298/waratah" You have the option to rent out and achieve an ongoing high interest return. string(4) "4680" ["median_twelve_month_growth_percent"]=> With a strong determination to succeed, Nidal aspires to live a purposeful, balanced life with his growing family as his constant focal... Read more, Thanks, your enquiry has been received and we will be in contact soon, Sydney suburbs that have double-digit property price growth, Turning your home into an investment rental property. You must have the capacity to cover a 20 per cent deposit, i.e. A duplex is two separate homes built on the same title that has the ability to be retitled as strata titles after construction is complete. Step 9: Collect rent on three units while living in one. ["suburb"]=> ["link"]=> string(6) "Morgan" string(15) "48.333333333333" Use our calculators below to help plan your investment strategy and maximise your investment potential. object(stdClass)#16043 (4) { ["suburb"]=> Nidal has an enduring passion for inspiring growth, creating wealth and enabling financial freedom for his clients and his employees. string(19) "/data/wa/6104/ascot" Building A Duplex. [8]=> ["link"]=> A duplex is two separate homes built on the same title that has the ability to be retitled as strata titles after construction is complete. ["median_twelve_month_growth_percent"]=> ["postcode"]=> object(stdClass)#16060 (4) { After sign-off, we prepare your building contract documentation for you to sign prior to lodgement to council or a private certifier. string(15) "45.833333333333" string(28) "/data/qld/4850/forrest beach" ["postcode"]=> This enables us to provide one final and fixed price up front, inclusive of all your requirements throughout the build. string(6) "46.875" string(17) "Gladstone Central" ["link"]=> Seeking help from professionals means you can save time and avoid mistakes. Please speak to a Rawson New Homes Consultant to discuss detailed home pricing for different designs, inclusions and collections. ["median_twelve_month_growth_percent"]=> We will walk through a personal inspection of your new home. ["suburb"]=> ["link"]=> Silvertail Property Group's Nidal Rasheed shares the basics for building a duplex for beginners—a strategy that could help an investor avoid unnecessary costs and fees while creating equity quickly. Step 5: Purchase another duplex with another FHA or VA loan. object(stdClass)#16047 (4) { Ready to build a new duplex home design but not sure where to start? If you don’t, it’s like getting dressed and hopping in the car, but not knowing where you are going! Introducing Rawson Homes' four new spectacular duplex house designs, so good you'll do a double take! Please refer to your Tender for specific details of the inclusions and exclusions. [4]=> Click here for more information regarding base price and move-in price and definition of a ‘standard block’. The final step in this process is the review. string(15) "47.619047619048" You can easily build wealth with little to no money down by using easily accessible financing such as FHA, VA, and conventional mortgages. string(15) "47.058823529412" Advantages of building a duplex include: Reduced build costs ["link"]=> object(stdClass)#16069 (4) { string(15) "46.753246753247" This may include landscaping and outdoor items, render, floor coverings, doors, furniture, kitchen, bathroom and light fittings and decorative items, which are shown as examples only. We complete a final inspection to ensure all items in your walk-through checklist have been addressed. ["median_twelve_month_growth_percent"]=> ["postcode"]=> string(7) "Waratah" string(4) "6104" Photographs, artist impressions and other pictures shown on this website and any subsequent available printable downloadable flyers/booklets are for illustrative purposes only and may show fixtures, fittings or finishes  which are outside the available Custom or Prestige Collections or which are not supplied by Rawson Homes, or which are only available in some Rawson Homes designs or when selected as inclusions above the specific Collection or standard Home Inclusions for a particular design. Our Company Director, Paul Bieg, has provided a step-by-step guide outlining how we can help you take your property portfolio to the next level. [2]=> ["suburb"]=> A duplex may be the right investment strategy for you. string(22) "/data/qld/4575/minyama" The main differences between commercial and residential property investments, Webcast: How to read the fundamentals of property markets, with Propertyology, WEBCAST: Brisbane off-the-back of COVID-19, Webcast: COVID-19 and the impact on property investing, Where’s worth the investment — now and over the next 5 years, INSIDE COMMERCIAL PROPERTY – WITH RETHINK INVESTING: Why this pharmacist invests in the commercial market, PROPERTY SHOWCASE: How having an edge can separate you from the pack, INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Why property remains the supreme asset class, AUSTRALIAN WEALTH BUILDERS WITH OPENCORP – AFL’s Matthew Lloyd on setting yourself up for success. string(25) "/data/tas/7304/mole creek" } Step 3: Research and develop a plan of action. Duplex building process. Deciding on a duplex? ["postcode"]=> ["link"]=> Step 4: Take action and make it happen. string(32) "/data/qld/4680/gladstone central" string(21) "/data/nsw/2340/nundle" object(stdClass)#16067 (4) { Step 6: Move into the second duplex. ["link"]=> We've put together a user's guide to give you a little insight into the timeline for a typical home build. ["suburb"]=> ["suburb"]=> During this stage we will spend the time with you to understand all tender inclusions. ["median_twelve_month_growth_percent"]=> Step 1: Meet with an advisor to understand your financial capacity and the tax implications. Don't worry, the team at Rawson Homes will guide you through every step of the way. What would negative interest rates mean for property investors? PREPARING YOUR DRAWINGS AND EXTERIOR SELECTIONS. [3]=> [9]=> Step 2: Decide on your end goal – consider what you want to achieve through this investment. Mentored by top industry figures, Nidal has developed a business ethos that breaks conventional thinking and challenges the standard approach to business and investment. It maximises the potential of the land and doesn't require subdivision for the two properties to be built. string(4) "2298" This is the beginning of your journey and our experienced and helpful new home consultants specialise in understanding your needs so they can deliver the right solution for you. string(4) "5320" Building a duplex home is definitely no cakewalk. It can be achieved with a lower deposit but that would create higher risk (discuss this with you advisor). string(19) "/data/sa/5267/keith" However, investing in property is not ‘one size fits all’, by understanding the things to consider when investing in a duplex you can decide if it’s the best way for you to create wealth. This is the inspiring part when you see your vision begin to come to life. Things to think about: Collect rent! ["link"]=> Ready to build a new duplex home design but not sure where to start? string(10) "Mole Creek" string(4) "4850" A duplex is a positively geared investment with the potential to create equity in a calculated way. Get notifications in real-time for staying up to date with content that matters to you. He is focused on developing long-term relationships with his clients and serving them in the best way possible through a stress-free, streamlined, investment process. [7]=> You must be able to service a large loan. It actually can teach you an important lesson on home ownership! Once you've decided that this is the ideal strategy for you, take action and make it happen! ["suburb"]=> string(8) "Baradine" object(stdClass)#16038 (4) { To find out if a duplex home is for you, visit our dedicated Duplex sales office at HomeWorld Kellyville, or complete the enquiry form and we will get in touch with you. Example: The land, cost to build two homes, subdivision fees and council fees could cost you around $600,000. Upon signing off your final home plan drawings (Submission Plans) we prepare all necessary paperwork for lodgement through council or a private certifier. ["median_twelve_month_growth_percent"]=> HOME SELECTION. string(5) "Ascot" Owner-occupied or investment duplexes can be one of the best first steps in building wealth. After your exterior selections, we prepare detailed plans of your chosen home design and façade in readiness for the next stage. string(15) "47.074756229686" } Advantages of building a duplex include: But the greatest advantage of a duplex is the ability to create equity quickly with a high rate of return on your investment. This is one of the most exciting stages where you will meet your expert colour and electrical consultants to help you choose the interior finishes that will work best in your new home. At this stage you will be assigned a pre-construction administrator who will work with you throughout the process. } Your site manager will go over all required information and talk you through everything you need to know. ["median_twelve_month_growth_percent"]=> It’s a high growth and high yield investment, but with that comes a higher financial commitment than just buying an existing house or individual house and land package.

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