Total Members: 159,187

dnh83

  • dnh83 replied to the topic Do you pay Advertising Fees when Selling ?? in the forum Help Needed! 14 years, 7 months ago

    Thanks YI

    It’s only goin to be listed for a month, that’s why I’m relucant to pay, but I certainly can see the benefit as yes it will be listed in local rags and on the net.

    And $350 is small coin when you consider the sale price.

    Just figured it was a cost he agents wore to get your business.

    Cheers

    Darren

  • dnh83 replied to the topic Battle Axe Block in Sydney in the forum Hi Priya,
    I feel a little
    14 years, 8 months ago

    Hi Priya,

    I feel a little cautious putting forward my thoughts on this one as I've never actually bought a battle axe block, so please note that my comments below are only my opinion, and I can't provide any real firm supporting facts to the comments I've made.

    I have a block of land that I have just sub-divided (battle axe) with the existing…[Read more]

  • dnh83 replied to the topic Battle Axe Block in Sydney in the forum Value Adding 14 years, 8 months ago

    Hi Priya,I feel a little cautious putting forward my thoughts on this one as I've never actually bought a battle axe block, so please note that my comments below are only my opinion, and I can't provide any real firm supporting facts to the comments I've made.I have a block of land that I have just sub-divided (battle axe) with the existing house…[Read more]

  • dnh83 replied to the topic Pre primed weatherboards in the forum Value Adding 14 years, 8 months ago

    Glad I came across this post…I've got a similar situation, supposedly 'primed' weatherboards in place awaiting painting (luckly this hasn't been done yet)…painting quotes are starting next week…But in addition to this, I also have the 'Pink' pre-primed balustrading on my verandah awaiting paint.  Does this also need to be sanded prior to…[Read more]

  • dnh83 replied to the topic Choosing an Accountant in the forum Legal & Accounting 14 years, 9 months ago

    Hi All,I'm in a similar boat, and I don't fancy wasting too much time or money searching for the right accountant.Based on this, can anyone throw a few suggestions out there regarding the types of questions to ask an accountant when you meet for the first time – with the intent being to determine if they 'fit the bill' for my situation…Eg:- How…[Read more]

  • dnh83 replied to the topic Finding a ‘QUALITY’ Builder (SEQ) in the forum Thanks for the info 14 years, 9 months ago

    Thanks for the info all…I'll certainly hit up GJ Gardner…I automatically assumed they'd only build their own designs…upon reflection that's probably a pretty naive assumption…Cheers,Darren

  • dnh83 replied to the topic 250k club in the forum Hi Nick,
    Last contact I had
    14 years, 10 months ago

    Hi Nick,Last contact I had was Homework Assignment #2 last year…I dare say there's been some well earn't holidays over the festive season which may be why we haven't heard anything…I'm looking forward to it kicking off again this year, especially the networking group that was discussed for all on the program…will be good to hear about how…[Read more]

  • dnh83 replied to the topic Subdividing on the Gold Coast in the forum Value Adding 14 years, 10 months ago

    Hi Brad,I've just started a similar project myself and have to say that if you approach the City Council the right way they are normally more than happy to provide you with the information you need.  Every Council is slightly different, best to talk direct with them.There will normally be a planning/development section within the council, try and…[Read more]

  • dnh83 replied to the topic Paying with Cash or getting an Invoice in the forum Finance 14 years, 10 months ago

    So this is perfectly legal ??What are the requirements, just a Diary entry and the businesses ABN ??Where would I stand if I was investigated – or worse, if the provider completely denied doing the work altogether ??

  • dnh83 replied to the topic Paying with Cash or getting an Invoice in the forum Thanks Terry…
    I’ll be
    14 years, 10 months ago

    Thanks Terry…I'll be honest, it still seems like it's a little grey to me, mainly because the nasty 'Fraud' word pops into my mind…Claiming GST when GST was never paid sets off alarm bells…Is there something i'm missing here ??

  • dnh83 replied to the topic Paying with Cash or getting an Invoice in the forum Can you claim Cash Payments 14 years, 10 months ago

    Can you claim Cash Payments ????I've always been under the impression that you can't, and if you do, you jeopardise the business you received the service from ??I've still got alot to learn about Tax and Benefits, but are you able to elaborate any more on this ??Thanks Terry.Cheers,Darren

  • dnh83 replied to the topic Property Development and Sub-Division Software in the forum Help Needed! 14 years, 10 months ago

    >> design

  • dnh83 replied to the topic Property Development and Sub-Division Software in the forum Help Needed! 14 years, 10 months ago

    Thanks Adam – I'll download it and give it a go.Anyone else using specific desing software ??

  • Hmmm…So how do you prove to the bank you have done the sum's without showing them the figures ??Yeah Richard, that's all been calculated…this is the first of many more to come…and I suppose I was expecting a little more from the bank than I actually got…I learn quickly from my mistakes, I would normally have a mentor with me but…[Read more]

  • dnh83 replied to the topic New Loan Contract Signed – Are these legitimate concerns ?? in the forum Help Needed! 14 years, 11 months ago

    Thanks Terry…The Bank know's about my entire plan, and they have known about it from day one (Purchase House needing Reno, Sub-Divide, Build, Sell)…They've got all of the figures that prove I can cover the costs (selling, holding, etc including profits and ROI's for 3 different options)…I've even given them all of the project time frames and…[Read more]

  • dnh83 replied to the topic Company Tax in the forum Legal & Accounting 14 years, 11 months ago

    Thanks Dan,I know there's still alot of the finer details to work out, I'll be lining up an Accountant in the new year (based on some of the recommendations from this site).I'm based in Brisbane, and a few have been mentioned in previous posts…if anyone's reading this and know's of another Accountant that specialises in Trusts and Property…[Read more]

  • dnh83 replied to the topic Company Tax in the forum Legal & Accounting 14 years, 11 months ago

    Thanks Terry – I've been told that having a few of these structures once the portfolio builds size is a good option…There's so many more questions that I have relating to Trusts, Companies, Trustees, etc…I think I'll do a little more reading first as this might answer some of the common questions I have…Thanks for your input -…[Read more]

  • dnh83 replied to the topic Company Tax in the forum Legal & Accounting 14 years, 11 months ago

    Thanks Terry,Paragraph 4 where you’re talking about the $2 Company has thrown a small spanner in the works, I think this is where I’ve hit my current limitation of understanding regarding Companies, Trusts & Trustees.Here’s why…My original Proposed Company/Trust Structure was going to be like this:(I’ve attached a Picture to help explain –

    dnh83 replied to the topic Company Tax in the forum Legal & Accounting 14 years, 11 months ago

    Hi Terry,Can you elaborate on Discretionary Trusts ??In the new year I'll be setting up a Company and a Trust to work side by side – my advice so far has been to set it up as a Family Trust.  What is the difference between the 2 ??Cheers,Darren

  • dnh83 replied to the topic Setting Up Offset Accounts in the forum Thanks All…
    Being new to
    14 years, 11 months ago

    Thanks All…Being new to the PI game I've never really considered using anyone other than the big banks to get finance (just figured they'd be the best to help)…Looks like I need to expand my horizon's a little…so based on this, here's a few Q's to help me learn a little more:1 – What are some of the Pros / Cons of using smaller lenders ??2…[Read more]

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