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My Property Journey – Photos of Florida property

Saturday Apr 30, 2011

My property journey – Florida Property

Here are some photos of the Florida property I am adding to my portfolio!

About Mark Taylor….

Mark Taylor is the Founder and Director of Keys To Success Club.   A property investor in his own right, Mark helps other people succeed in property investment by connecting them to property experts through Keys To Success Club.

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My property journey – Florida Property

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My Property Journey – USA and Mackay Strata Titling

Monday Apr 25, 2011

My property journey – USA and Mackay Strata Titling

So the two properties in Memphis are now settled.  So far it seems all in order. I received the titles in the post and can also check an online database.  Tenants are in place. The only delay is finalising the Memphis bank account which has run into a few snags but nearly there.

In the final stages of getting the loan approval for the Florida.  They have really been putting me through the ringer on this one.  Lots and lots of documents.  It is going to get last minute as settlement date is the end of April and they are really struggling with the negative gearing concept over there!!

Meanwhile back in Oz, i have finally got the firewall done, so I can sub divide the two properties in Mackay.  Long, long process but on the home run now that the council have done their thing!  I will get a valuation when I am done for interest!!

About Mark Taylor….

Mark Taylor is the Founder and Director of Keys To Success Club.   A property investor in his own right, Mark helps other people succeed in property investment by connecting them to property experts through Keys To Success Club.

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My property journey – USA and Mackay Strata Titling

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My Property Journey – USA update

Thursday Feb 10, 2011

My property journey – USA update

 

So we are nearer the final stages of Memphis, Tennessee.  I am in the final documentation stage having completed the building inspection, sorted out insurance, and now having a look at the legal checks to make sure there out no outstanding debts attached to the properties ( a major risk in the US).

It is all a litle daunting as in any country, so I am glad I can tap into people that have gone through the process multiple times.  It is fair to say, some of the US documentation looks a little mickey mouse, which would make me uncomfortable unless I had that reassurance!

To be honest, I don’t have people would have the time to do any of this themselves.  No chance for me.  Even with helping hands I am struggling!

Meanwhile after a month or so of searching, we have found a suitable property in Florida and it looks like a very good option; just running through all the numbers and will show you some photos.

About Mark Taylor….

Mark Taylor is the Founder and Director of Keys To Success Club.   A property investor in his own right, Mark helps other people succeed in property investment by connecting them to property experts through Keys To Success Club.

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My property journey – USA update

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My property journey – Strata Titling Project in Mackay

Tuesday Nov 16, 2010

Strata Titling Project in Mackay

By Mark Taylor

We have finally progressed to the next stage after many months of frustration.  If you haven’t been following this project, I have been trying to strata titling my duplex up in Mackay; this should release $50k of equity.  Ran into a few problems as I needed to get a firewall extended in the roof and finding a building who could do it and run the project was very tricky.

Anyway, it is done now at a cost of $7,100.  Now need to finalise the documentation with the council and a few other bits and bobs and we will be done….

About Mark Taylor….

Mark Taylor is the Founder and Director of Keys To Success Club.   A property investor in his own right, Mark helps other people succeed in property investment by connecting them to property experts through Keys To Success Club.

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Strata Titling Project in Mackay

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Property Development Melbourne Update – Mark’s Property Journey

Tuesday Mar 2, 2010

Property Development Melbourne Update – March 2010

We are getting closer to the build phase for the project.  Finally!!!

Below is the current strategy we are undertaking to get the best return on the development.

Endorsement of Plans:
With regards to endorsement of plans, we need to engage further consultants so that council has all the information they have requested in order to endorse the plans.
We are planning to market the product to get finance and have already approached financiers who have advised that the marketing can potentially be done in stages.
 
Further Amendments of Plans:
Once we get endorsement of the above, we will lodge for minor amendments which will greatly enhance the amenity of the development and has been strongly advised by the architects, this should not take too long.
 
Marketing/Finance:
We have all the marketing plans and a preliminary plan of subdivision but we cant take any chances and start marketing with the prelim subndivision in the contracts in case it changes due to council’s feedback regarding the endorsement of plans, otherwise the contracts would become void. So once we have endorsed plans we will finalise the plan of subdivision and begin heavy marketing in order to obtain construction finance.
A further note is that we will be providing information over the most relevant and current digital platforms – these hubs for information will focus on sites that you already know and trust and will ensure ease of functionality. Our first step towards supporting this strategy is to establish a facebook community to provide the most up to date and real time information in an enviornment in which our members regularly interect, being Facebook. Please be one of the first to join us via the below link.

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Property Development Melbourne

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