Builda replied to the topic Avoiding, Minimising or Delaying Stamp Duty. in the forum Creative Investing 16 years, 7 months ago
"Another option may be to just delay it, by delaying settlement. eg. long settlement, wrap or lease option."Is that really correct? Would be interested to hear more
Builda replied to the topic costs involved in selling property in the forum Real Estate agent fees will 16 years, 8 months ago
Real Estate agent fees will range from 2% to 3%, depending on how hard you negotiate.Also, this is one tip that is the best I have heard of to lock an agent in to his quoted price. That is, if the agent you list with says you will get $560,000 then you will only pay him full commission on that amount. For every $10,000 less then he starts lo…[Read more]
Builda replied to the topic Wrap / Rent-to-own / Lease – Where can I find these kind of deals? in the forum Creative Investing 16 years, 8 months ago
So how did you go – did you buy?
Builda replied to the topic Deck Builder in Sth East Melbourne – Anyone have any recommendations in the forum Value Adding 16 years, 8 months ago
Send your details to [email protected] and I would be happy to have a look at it for you or point you in the right direction
Builda replied to the topic building houses in the forum Value Adding 16 years, 8 months ago
My advice (as a builder) is to make sure your build costs are locked in first. Don't assume that just because the project home builders advertise in the papers for new homes from $700/m2 that you will be able to build for that price. Remember, they build 2000+ per year and are building the closest thing we know to mass production in this in…[Read more]
Builda replied to the topic GST Charged on reno’s in the forum Value Adding 16 years, 8 months ago
GST is the novice developers end of project nightmare. There are many that thought they had scraped out of the deal with a 10% profit and feeling very chuffed, only to be hit with a 10% tax bill on the sale price. Sure, you can claim your GST credits back but my understanding is that you need to have been registered for GST before co…[Read more]
Builda replied to the topic Tiles vs Timber flooring in the forum Value Adding 16 years, 8 months ago
In answer to the technical question, these days you can stick straight to the flooring however you need to get the right advice from your tile shop to ensure you buy the correct flexible adhesive. It is more expensive but worth doing it right!Yes, the tiles are a cheaper option that polished timber floors and in addition you don't have the same…[Read more]
Builda replied to the topic which software for rent to own statements? in the forum Creative Investing 16 years, 8 months ago
Excel really works the easiest but if you want to go all the way then this product (that you pay for by subscription) is probably as good as it gets.http://www.vendorfinancecalculator.com/