Homemade replied to the topic Needed: accountant/legal specializing in developing in the forum Legal & Accounting 11 years, 6 months ago
Thanks terry, are you suggesting I should use a lawyer to set up a trust (or company) vehicle for developing and not an accountant?
Homemade replied to the topic Buying interstate help in the forum Help Needed! 11 years, 10 months ago
Thanks guys, I missed these responses for some reason when i posted.
Looking for a couple of IPs in the 200-400k range mainly in growth suburbs spurred on by affordability for first home buyers (hopefully) in major capitals as one part of strategy, but also looking to mix this in with some higher yields in regional centres to offset cash flow…[Read more]
Homemade replied to the topic QLD mining regions (Bowen & Surat Basins & Gladstone): Willing to help anyone with questions in the forum Help Needed! 11 years, 10 months ago
Hi josh, great blog (lots to read!). Gladstone has come off the boil, with some properties shedding 20% in the past month or two and vacancy rates doubling (to near 4%) as the workers head out to the island accom. It looks like it will still be under supplied however in the medium term. With heavy discounting there may be opportunity to realize a…[Read more]
Homemade replied to the topic Gladstone land release in the forum General Property 11 years, 10 months ago
I am also interested to see if Gladstone has any life left in it. Reasonable yields and entry point still low enough.
Homemade replied to the topic student apartments in Footscray, Vic. in the forum Help Needed! 11 years, 10 months ago
Thanks all, nuff said!
Homemade replied to the topic Recommend a property manager in Geelong area? in the forum Help Needed! 11 years, 10 months ago
Thanks, have sought quotes.
Homemade replied to the topic how to calculate capital gains on subdivision and unit trust query in the forum Help Needed! 11 years, 10 months ago
How about if I sold the existing house then build a unit at rear to hold?. . The numbers work better with this arrangement. Is there a ccgt consequence for this approach assuming that I sell the front house at a similar or slightly less price then the entire block purchase price?
Homemade replied to the topic Quick, cost effective Reno to manufacture equity in the forum Just when I thought I was on 11 years, 10 months ago
Just when I thought I was on the right track….
Thanks for the comments all.
Homemade replied to the topic Quick, cost effective Reno to manufacture equity in the forum Value Adding 11 years, 10 months ago
Thanks shahin,
Fish n chips are only $30, so I might get better light fittings instead!!
Homemade replied to the topic Quick, cost effective Reno to manufacture equity in the forum Value Adding 11 years, 10 months ago
The up and coming norlane!
Homemade replied to the topic Getting your development off the ground – All the information you need. in the forum Value Adding 11 years, 10 months ago
Thanks Ashley, will do later this week. Quick query – can I proceed with and get a subdivision approved with existing structures (shed/carport) imposing on new title boundaries? I would like to proceed with the process and attain approval from cogg but leave tenants peacefully alone – with the intention of pulling sheds down and fencing off new…[Read more]
Homemade replied to the topic Interest only or princpal and interest? in the forum Finance 11 years, 10 months ago
I prefer Intrest only on IPs because you have the flexibility on cash flow. There’s nothing stopping you from paying the principal amount if you have the cash flow to support it.
Homemade replied to the topic Getting your development off the ground – All the information you need. in the forum Value Adding 11 years, 10 months ago
Hi Ash, was just about to post my very first query on the forum about how to kick off the process of splitting the block on an IP but luckily checked your post which answered all of my questions. Thanks! Do you have experience with doing these in Geelong and do you service the Geelong region? 800+m2 block with IP house in front corner, large side…[Read more]