I'd say on that size of land you'll only fit 2 town houses but i stand to be corrected.

My accountant charges me around $1000 including the investment properties. How many properties do you have? Are you from melbourne?

Your kidding right? Your property was vacant and they didn’t inform you? That’s unbelievable!

I'm in the same boat as Ben. I've never thought about structuring it this way but if there are no tax implications sounds like a great structure.

Waiting on the big boys to comment….

Freckle these pictures you've posted are soooo much better then those boring line graphs you post.

Freckle wrote:
I need my space.

I don't know why but this photo reminds me of my dogs behind

Gotta love the freckle! In a couple years he Will be posting told ya so!

This guy reminds me of sheldon from the tv show the big bang theory.

How much profit you’ll make and costs associated with the project is up to you to work out. You can’t expect someone else to do your home work. Maybe re word your post to how do I work out if the development is feasible or not? Otherwise it sounds like your being lazy.

Jamie M wrote:

Terryw wrote:
Is this a coincidence? Two Jamies in a threat with one posting about passing go and the other running a company incorporating 'pass go".

lol – my first thought as well. Very weird coincidence – had to look twice to make sure I didn't start the thread.

Cheers

Jamie 

Could be a long lost brother or twin you…[Read more]

Like the movie "The castle", tell em his dreaming!

 This article is really going to pi$$ freckle off.

Thanks mark, just followed the link. Sounds impressive.

Does anyone know how much the course costs?

My last purchase had a crack so big i could fit my hand in. I'll be knocking the place down in a few years so didn't worry me.

Freckle wrote:
Had a client in Sydney who ran nightclubs. Has a gorgeous wife who likes to 'collect' expensive shoes. Wouldn't buy anything under $1000. She bought mail order from high end retailers all over the world. I asked her what her little collection was worth and she said $60k+

You see Jo when the wife's got a wardrobe full of shoes…[Read more]

Jpcashflow wrote:
Before I got married I asked my wife this, Kid or Shoes, She wants Shoes,

Thank god for that….

Your going to regret it if she only buys jimmy choo shoes. Trust me i know!

well said. Kids will cost you a fortune and the cost of living will end up crippling you. I'd say work to atleast 40 and have more behind you for rainy days.

Can I ask a dumb question. How is it fair one gets 90% and the other 10%? I understand It’s never 50 / 50 but this is ridiculous. How is the poor guy meant to live?

fadridrocky wrote:

denisc wrote:
LEAKING PLUMBING Another major risk from leaking plumbing &/or water pooling is that from Sydney north it creates ideal conditions for termite infestation. This can lead to repairs & control costs into the tens of thousands. I do not believe in turning the sub-floors of my house into toxic waste dumps. The…[Read more]

I agree with Terry. Pay the plumber, change pm’s and move on. It could get too costly and messy.