The saying "Go big or go home" is a widely used philosophical idea that encourages us to be bold and brave, like with sports or gambling. The idea is that you either win big or lose big; there's no in-between. Many people have a misconception that property developers subscribe to this ideology , however the ones that we have seen build great careers in the industry all started with small projects. At JREY we are very grateful to have assisted many now experienced developers with their first projects (houses, subdivisions and duplexes) and seen them grow into larger developments over the years. We have also seen some of our clients grow so much they have had to find another town planning firm as we only offer assistance for small scale residential and commercial projects (you won't see us doing 10 storey towers or 300 lot subdivisions). What are your thoughts? Start small and steady or go hard from the start? Learn what makes JREY® different www.jrey.au e: plan@jrey.au p: (07) 3106 3221
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When it comes to land, there are generally two different types of lots you can purchase - finished lots and developed lots. Developed lots are generally for larger builders that have more capital to purchase in bulk and desire to purchase in a newer subdivision. Most subdivisions are further out in the suburbs where land is cheaper. Infill lots are typically for smaller builders who want to purchase a lot in town that has in-city services. If you need help selling, buying or developing land, visit our website at Monettepropertiesgroup.com or call/text us at 936-331-2762. #houstonrealestateinfluencers #houstonrealestate #realestatedevelopment #monetteproperties #buildtorent #CRE #realestateinvestors #realestateinvestment #realestatedevelopment #realestatehouston #movetohouston #htown #houstontx #houstonrealestate #houstonrealtor
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Even amidst the storm, modern elegance shines through! 🌧️🏡 Despite battling the elements, Fridays site inspection of this contemporary dual occupancy was another great example of a dual occupancy built and subdivided via Complying Development Certificate (CDC). Did you know that in Georges River Council you can build and subdivide a dual occupancy on a lot that is 650m2? SubCerts are experts in the Low-Rise Housing Diversity Code and Strata Subdivision, if you are developing or looking to develop this type of product, contact SubCerts to see how we can assist you. #strata #subdivision #residentialdevelopment #duplex #subcerts
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We’re starting to see movement on SB-684 subdivision projects. These projects will be some of the first to reap the highest and best rewards. Here’s another one from our portfolio that represents a potential case study. These projects examine a variety of configurations of multiple units on what might at first appear to be single family zoning. (Check out the Baran Studio Density Guide for more small-lot subdivisions and other density strategies.) This project is an example of what can be done on the many ‘R’ zones in Berkeley, even those with existing single family homes. The code for many of these districts contains language that will allow additional units under the right conditions, which can then be subdivided under SB-684. This is another case where we added units to the rear (one of dozens of properties for a single developer). The project was ultimately converted to a site condo, where the developer sold the rear unit and maintained the front for his rental portfolio. Under SB-684 this project could have been a subdivision rather than a condo, and would have been approved ministerially. It also could have implemented reduced setbacks, and would have likely supported additional units. Further, it would not have required an HOA.
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"We purchased this home directly from Clifford, who inherited it from his parents but hadn’t touched it for over 20 years. While I didn’t ask why, I imagine the thought of dealing with a house full of items felt overwhelming. To make things easier for him, we bought the property as-is, allowing him to simply take what he wanted. This hassle-free process made it easier for Clifford to sell the house and focus on other areas of his life." #Construction #ConstructionLife #ConstructionManagement #ConstructionSite #BuildingConstruction #ConstructionProjects #ResidentialConstruction #Renovation #GeneralContractor #BuildingTheFuture #ConstructionUpdates #ConstructionDevelopment
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Founder 8 80 Cities and #Cities4Everyone. Equity & sustainability. Worked in 350+ cities. Ran for mayor of Toronto, 2022. Top 100 urbanists (13).
Cities should END SINGLE FAMILY ZONING zoning everywhere. Allow as of right 3-4 floors. Create ONE stop shop office at City Hall to solve ALL issues. Approvals: 30 DAYS. ADUs on pre-authorized models: permit in 30 DAYS. Subdivide 3-4 units, 30 DAYS. Using public $$? 1/3 rentals at 1/2 $ other units.
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Before SB-684, we were designing what we’ve called ‘Urban Subdivisions’ for over a decade in LA and the Bay. In Los Angeles and Oakland there have been small lot subdivision regulations in place for some time, and in other locations we have used site condos to achieve similar results. Subdivisions are preferable as the land is sold fee simple. Homeowners like it because they own the dirt their house sits on, which makes it more valuable - so developers prefer it as well. (This effectively encourages housing production.) Oakland is currently doing away with its mini-lot provision, but new state law is going to bring it back to Oakland and every other city in California in the near future. SB-684 will allow parcels as small as 600sf and will not allow “minimum requirement on the size, width, depth, or dimensions of an individual parcel”. (That’s good news for housing production.) This home is one in a two parcel mini-lot subdivision in Oakland. A second story was added to the house along with a new foundation and major interior reconfiguration, so not much of the existing was left in the end. The second house was ground up construction at the rear of the lot. Each home was ~2000sf with 3br and 2.5ba. The lot was originally purchased for ~750k (375/door) with the existing home in 2019. The new homes were built for ~300/sf, or ~600k each. Soft costs were ~100k/unit. All in cost ~2.1M, with each home selling at ~1.5M (total ~3M) in 2023
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Realtor® In the Neighborhood at Coldwell Banker Realty #Invest #Sell #Buy #Consultant #Businessowner
Chicago Apartment Construction 2024-2028 What are your thoughts about owning Real Estate in today's market? #IllinoisRealEstate #ILRealtor #IllinoisHomes #ILProperty #IllinoisLiving #ILListings #ILHomeSales #IllinoisLife #IllinoisHousing #IllinoisHomesForSale
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Buyer Agents & Project Manager - I find value add small opportunities for property investors in Newcastle, including granny flats and Specialist Disability Accommodation (SDA)
Does it matter that the yard you want to build a granny flat in is an odd shape? No! If you have an odd shaped block of land, you may still be able to build a granny flat. A granny flat can be one side of the block, or beside or behind the existing house. I've even seen granny flats in-front of existing houses. Whether you can build on an odd-shaped piece of land is more dependent on whether you can meet set-back requirements from boundaries, and other similar planning considerations. What if you: Buy a house for around $500,000-600,000, or even a bit less within 2 hours of Newcastle. Rent approx $500-$550/week. Build a granny flat for $120,000-150,000. Rent approx $400-500/week. Income approx $1000/week for a cost of approx $750,000. How would this help your property portfolio and lifestyle? #buyersagent
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🏢 Conducting a thorough inspection at a multifamily apartment building for potential investors! From roof checks to balconies and drainage, ensuring everything is in top shape. 🛠️ Assessing if a repaint is needed and examining concrete walkways, stairs, and the parking lot. Exciting times in property evaluation! 💼🏠 #RealEstate #PropertyInspection #investmentopportunity
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