I wonder where freckle gets all his graphs from? Either way the signs don’t look too good. I understand they are open to interpretation but for someone wanting to invest in Florida it sure would scare the hell out of them. Too risky in my books.

I believe there will be a recovery but 15 years away at best. Too much damage has been done for it to recover any time soon. I just don’t get why spruikers keep flogging a dead horse,

Don’t worry freckle good ol America will bounce back, even harder then before!

Laverton?

You’re right. I was going to debate this with him yesterday but wasn’t sure.

Goes to show how much my accountant knows!

This keeps getting better and better.

Hi Scott, i understand what your saying. But if the new build and sell was a once in a blue moon would i be exempt from paying GST?

Luu09, you sound very familiar, where do i know you from?

Must think we’re idiots

Luu09 and property genius are the same people. Another day , another spruiker.

Also, would i need to inform the bank that i intend to build a unit in the backyard?

Hi Richard, say if I was to build the unit first, subdivide once complete, could I use the equity in the unit to reduce my lvr for the front property. I guess worse case scenario is I won’t subdivide till the lvr is much lower.

Congratulations Jamie, all the best.

Hi Oscar, that makes sense. Any idea roughly what a subdivision costs? I’ve allowed about $15k.

Freckle wrote:

Nigel Kibel wrote:
I am wondering if you have ever been to the United States. People still need somewhere to live, they still need to buy food. 

The fact is when you go to America they like to shop and they like to eat

If you spent any time in America especially in Texas or Florida you would see that things are really not…[Read more]

When I first saw this thread this morning my first thought was of freckle.

This keeps getting better. There is no way a trained person in handling asbestos would leave pieces laying around. Absolute no way. You have the power to lock this guy up for years. Demand your $10k back.

I’m pretty sure if his dads signs off he must be a director of his sons business. Call the building commission, they thrive on stuff like this. You can’t get mates or family to sign off work. Everyone does it but ain’t legal.

For someone to undertake $30k of work he definitely needs to be a registered building practitioner, and legally can only take 5% deposit. A guy in my street just received a $24k fine for pretending to be a builder. Call the building commission if he won’t pay you back in full. You pretty much have him by the you know what!