So lets see if I've got this right.

We've got a developer with 6 units that's got too much coin and who now realises that his tax bill will be too high so even after he's gone to all the trouble and cost of developing these units thinks; nope…. I'm making far too much money out of this and I can't be bothered strata titling these to make it…[Read more]

DWolfe wrote:
Freckle, u workin for Macro Business?

D

MB is the only MAB (multi author blog) of any worth in Aus. Certainly anything to do with economics. These guys are either ex treasury or ex analysts. You get relatively objective comment/analysis I've found and they always have a fairly good overview on property. The commentators are…[Read more]

These guys control up to 30+ years of supply. The bitching is about these large development companies monopolising supply and consequently manipulating land values by withholding supply from the market. There's been a lot of crying over the years about state govts not releasing enough land but that's been shown to be a furphy time again. 

Mirvac…[Read more]

I'd recommend you get your teeth into something like this but I tend to think it might be throwing you in the deep end at the moment.

Prosper responds to land banking developers

Blimey more mind numbing industry gibberish.

I notice you lead with positive sentiment when in fact 80%+ don't see property actually keeping pace with inflation over the next 5 years.

In other words the great majority of people see property as a looser but somehow this has been twisted into a boner for property spruikers.

PS:

Terry might be able to confirm this but I believe that as long as you're paying something towards settling an account on a regular basis they can't have a judgment awarded against you.

Wilko while I understand your angst I don't think the price is too far off the mark.

Labour rate is actually pretty reasonable. Charge out rates for tradies have been around $90/hr for the last 10 years or more. Plumbers are the most expensive trade next to sparkies. The hours worked are about right. I notice there's no machine time listed.…[Read more]

There's an old joke that goes like this (clean version)

An old bull and a young bull were standing on a hill looking down on a valley full of cows. “Hey”, says the young bull. “Let’s run down and enjoy one of those cows…”

“No”, says the old bull. “Let’s walk down and enjoy the lot.”

So the moral of the story is slow down young fella. In 12…[Read more]

DIY.. its dead easy. Either rent or buy some cheap new furniture.

We used to move stuff for a guy in Sydney who bought reno'd and sold apt's on the North Shore. He had a simple formula when it came to selling. After the reno we'd bring in 2 dbl beds, a chaise lounge, lounge chair, glass coffee table, glass side table and a tall modern lamp. A…[Read more]

3m Scotch Blue masking tapes are the best. Have a good edge seal for line work and don't leave residue.

Sorry dude but if I have to read another inane property blog I'll seriously consider self harm as an option. It wouldn't be so bad if you guys could differentiate yourselves but you are more like weeds on the side of the road. Prolific, untidy and of no real use.

Have no idea about pro costings these days. Bedrooms are about as DIY as you can get. Measure your wall area go to a paint supplier (Bunnings) and tell the what you've got and they'll recommend something suitable and quantities. Drop sheets are as cheap as chips and some masking tape (blue variety)  suitable rollers and long handle, paint tray and…[Read more]

You can't be loose with figures when you're doing projects. They require detailed planning and a best case worst case analysis. You always plan everything around worst case and hope your project turns out closer to best case.

In other words plan for the worst hope for the best.

These will be either done as a home or an investment. If its a home…[Read more]

No traffic!! Can't believe how quiet the street are.

You have many different markets (and segments)

global
national
regional/state
city
towns
suburb
rural
urban
economic base (manufacturing, services etc)
affluent
middle class
working class
state dependent
ethnic
house
unit
gated
attached
detached

and so it goes. There is no magic formula and there are no books on how pick a given time in a cycle.…[Read more]

Jp wrote:
Where not sure what we want to do next ……… we will see what the next step is once we have a clear mind

Small business… debt management/relief and budget coaching.

Good money and a growth industry.

Derek wrote:
We have a FB page but use it mainly as a keeping in touch strategy. Nothing more.

Mind you our product is, in my opinion, not FB suitable.

Derek you have one of the more professionally put together net presence out there. Certainly in the top 10%. It is something I would expect from a professionally run entity such as yours.…[Read more]

Anyone here who knows me knows I'm bearish the US PI market over the long term mainly due to poor economic fundamentals and exchange risk. However in saying that I don't preclude short term opportunities if you have an appetite for modest risk and can connect with resident expertise and networks.

Jay's strategy/model is probably one of the best…[Read more]

kylermrice wrote:
I guess your saying you want 15 graphs and a couple case studies with hard facts for you?

No rubbish MSM opinion pieces from the small town Clark Kent reporter OK.

Quote:
The example I listed above shows that prices have went up, there are more buyers.  

I don't dispute prices have risen nor that there is the appearance…[Read more]