BTW White Panda I get it cheaper then those prices.

The two properties there from the one thats currently up for sale and the one across the road comes to 8 million.

Thank you for the replies there, but one of them are dead stock to me and its not going anywhere, we've actually lowered the price on the one currently finished again, I think its really cheap for what we are offering, but sometimes you do hit these 'snags' in the market that slow you down slightly.The properties I hold though… are dear… But,…[Read more]

Flatpax kits, are actually more costly in a productive and almost monetary way. Its far cheaper doing diligent research and finding a kitchen builder who you can work on a basis with and have understanding on exactly how you want your kitchen done.I'll say it again… 90% of any trade in any industry of contruction will make your life easier and…[Read more]

Shape wrote:
Not that im aware of. But they need to be licensed builders themselves ( not a carpenter) – so check they are licensed with no complaints held against them …for NSW http://www.fairtrading.nsw.gov.au/About_us/Online_services/Home_building_licence_check.html + preferred if they are part of HIA ( housing industry Association).…[Read more]

150k is massive in price. How many investments do you actually have to idea of outlay like that ?Biggest problem for bathroom removal and move, is where the plumbing and sewerage is on the house.If its on the same side, its fine. I did a full bathroom, installing a toilet (never had a toilet, it was 2 rooms away on its own) and its actually…[Read more]

Careful with them books though, sometimes its worth looking into it yourself. One main reason is that the book may say it only costs this much for this, but in reality it doesn’t.

There are a lot of would be investors and home owners looking for a second property, thinking they know it all and have no financial intelligence, this can create a great degree of risk if your can’t forecast your revenue to capital and liabilities in a property.

This also comes down to peoples action threshold, I’m how ever a person will take…[Read more]

Cracking comes down to workmanship. Not the price of how much the job is costing you. And for $2000 whats the metreage? This is unbelievable in price from a Builder. I mean even if he gets the sand cost price hes still losing out. I mean theres all the stainless/Galvanized angles, and if you render inside there are the plastic angles, and then…[Read more]

Won’t affect property I don’t think. Plus if people keep worrying about the future when is anyone going to try and make money?
I find it interesting that a lot of people worry bout money. And worry about long term. Has anyone done there research and no that some of the richest expanded there wealth by 19% more during the GFC?

Lol ^

I’ve heard a lot of people doing this, getting the house built and fitting it out with family known trades at a cheaper rate.

I wouldn’t recommend this as there’s far more complications, and most of the time if the builder is doing multiple jobs at once, he would probably get kitchen fittings and bathroom for a lot cheaper then you will.

And in…[Read more]

Get the products delieverd yourself, you will save money there.And labour wise, depending on how many men and what equipment they need, I wouldn't pay nothing over 7500k with materials. Remember the money goes into preparing the walls and the timely effort of setting everything up. Eliminating some of these hurdles will make it cheaper. I just…[Read more]

I fall in a slightly different catergory Jamie M, as my family own building and hardware supplies, but none of the less it still costs me money to purchase products, but just at alot cheaper rate then any bunnings store can offer. Which is most of the time is less then half the value. But I know of a few investors that have made friends with…[Read more]

Remember one thing also, using kitchen builders or bathroom builders, even plumbers. I know some plumbers that charge a $100 an hour. But you can easily get labour hire for $30 an hour and do the same work. See it might be easier to get 2 labours for 2 days with GST is around $1012 but organize them what to do. They can be used to remove…[Read more]

Adding my 2 cents worth.

I think people that pay (not saying I haven’t done it to get starting knowledge) for seminars and mentors, are people that have fear and are afraid of losing money. Which I think is clearly wrong, because you get plenty of people saying they spent all this money on seminars and mentors only to be burned on the first…[Read more]

I wish it was that easy.

Doesn’t seem transparent enough, ‘hoping it will increase 10%?’ doesn’t seem you would control any of the money and sounds more of a liability.

And be careful some developers may run out of money and may need more through the process.

Something to think about.

I'm not going to repeat myself.Are you a trustee of a company discretionary trust?

Yeah exactly, what I meant though is, I know st. George they have only 75% value of any income from investment properties.

Call up your bank and say to them do they calculate any positive geared income as a full. Most banks don’t, means if your making $1000 a week from your investment property from the same bank, the bank will only take $750…[Read more]