Total Members: 159,074

drewboy2

  • drewboy2 replied to the topic Cost of Building a Unit??? in the forum The Treasure Chest 21 years, 4 months ago

    Slippy,

    Mate been there done that, you will be looking between $700 to $800 per square metre. This will give you the finished product at move in stage. This price is with a private builder and not a project builder. Difference, Private builder will not be able to get materials at same price as project builder therefore costs slightly higher,…[Read more]

  • drewboy2 replied to the topic Property Gurus ( Have a crack at this. ) in the forum The Treasure Chest 21 years, 4 months ago

    Hwd007,

    First of all yes the net income per month is a combined income. My wife is working part time as we have a new bub.

    I am curious to know how the CG will take care of the cash flow. Could you show me?

    And how could I move the last two properties to neutral or even positive?

    You really have me thinking about this idea. Is this a…[Read more]

  • drewboy2 replied to the topic Property Gurus ( Have a crack at this. ) in the forum No Subject 21 years, 4 months ago

    In answer to Stuart, I have a question from your comment. Where in gods name do I find a res property showing a 10% yield???????

    If you can show me I will follow you to the moon and back.

    Look forward to your reply.

    Drewboy[:P]

  • drewboy2 replied to the topic IP – Is Brisbane the land of Opportunity? in the forum No Subject 21 years, 4 months ago

    Brad,

    Have a look at Suburbs North of Brisbane. From Caboolture North up to the Sunshine Coast, these areas are experiencing population growth of in excess of 3% pa. In real figures this equates to approx 70 couple’s per week. I can tell you first hand that land is in short supply up here. For a population of over 250,000 people the supply v…[Read more]

  • drewboy2 replied to the topic gst on commercial property in the forum No Subject 21 years, 4 months ago

    Regina,

    Very simply how do you become GST registered?

    Do I need to set up either a trust or company so as to obtain an ABN.

    I am presently doing my homework so as to invest wisely into the commercial property market. I am meeting with my accountant next week to discuss an appropriate structure.

    I look forward to your reply.

    Thanks

    Drewboy.

drewboy2

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