JPS25 replied to the topic Rendering a brand new house in the forum Value Adding 13 years, 2 months ago
Thanks everyone for all the comments.We have decided to stay with brick due to the fact it is an IP and will be less maintainance down the trackThanks again JPS25
JPS25 replied to the topic Rendering a brand new house in the forum Value Adding 13 years, 2 months ago
Thanks ScottI guessed it might be more to do with using cheaper brinks or even an assortment as they are nearing the end of developing this estate. Their houses are all built to 6*rating so probably don't need to be thermal mass though doesnt go amiss.Apart from of course they like us.Seriously though think we might just stick to brick as it is…[Read more]
JPS25 replied to the topic Rendering a brand new house in the forum Value Adding 13 years, 2 months ago
Yes I thought 2k was really good too hence the reason for thinking maybe cheaper bricks etc. We know them quite well as we visited a lot when building the first IP. They also gave us $5k off the price of this one right from the start. Still not 100% sure on rendering for an IP not so much as regards the fact it will need painting down the track as…[Read more]
JPS25 replied to the topic Rendering a brand new house in the forum Value Adding 13 years, 2 months ago
Thanks Veseli,Should we do the whole house as suggested or just the front and will they still use all the same sort of bricks to build with or is it likely to be all the oddments from previous builds left over.Thanks JPS25
JPS25 replied to the topic Park trent properties group in the forum Help Needed! 13 years, 2 months ago
ErinS wrote:
Dear El1, Thank you for your comment. As you have commented anonymously it's difficult to reply in specific. ParkTrent prides itself on providing research for each individual to suit their individual needs and financial ability. There are different reasons why we recommend certain properties to individuals, and without…[Read more]JPS25 replied to the topic Park trent properties group in the forum Help Needed! 13 years, 2 months ago
Hi yes we had a meeting with them about 2 years ago after going to a property seminar they first came to our home then wanted us to go to the office in the Gold Coast. I didn't like them from the start something not quite right but Paul wanted to go and see what they said. Absolutly nothing more than we already knew they charge extremely high…[Read more]
JPS25 replied to the topic Increase the loan or withdraw/use the existing equity to buy second IP ? in the forum Finance 13 years, 2 months ago
Hi HenryI think your bank would have to do a bank valuation and you are more than likely going to find that it will come out lower than an RE valuation. Before you assume too much and start looking I think you would be better off talking to your bank first as to what your lending critteria may be. A lot will depend upon your servicability as much…[Read more]
JPS25 replied to the topic Power of Attorney Wording in the forum Legal & Accounting 13 years, 2 months ago
Found out what I am supposed to writePauls name by his duly authorised attorney my name under dealing no. _________ so declares that she has received no notice of revocation hereof What a mouthful is that. No way is that going to fit in such a small space. I would have to write it out 12 times 6 times for each loan the deposit plus costs…[Read more]
JPS25 replied to the topic Power of Attorney Wording in the forum Legal & Accounting 13 years, 2 months ago
No Terry not CBA we are with Heritage Building Society and they don't have a problem with me doing a power of attorney, I just thought I might be able to get a stamp small enough but doubt it somehow from what you say it is going to have to be handwritten.Thanks Jean
JPS25 replied to the topic Power of Attorney Wording in the forum Legal & Accounting 13 years, 2 months ago
Hi V8ghia and TerryThey did know it was a possibility that I would have to sign and we were advised by our bank manager to get one done as Paul works away. But no they are normal loan docs and yes not a lot of room for a stamp it will have to be handwritten in if thats even possible to write that small. Not looking forward to it thats for sure.…[Read more]
JPS25 replied to the topic Power of Attorney Wording in the forum Legal & Accounting 13 years, 2 months ago
Yes we had it done by a solicitor Terry i had the bank take a copy of it today. As Paul isn't home till Friday the bank would prefer me to use it to sign the loan docs so as everything is in order in time for settlement on Friday week the 16th. So we need to get a stamp made up A.S.A.P. Had hoped he could sign on Friday but they think we migh…[Read more]
JPS25 replied to the topic Power of Attorney Wording in the forum Legal & Accounting 13 years, 2 months ago
Thanks TerrySo just my ( full name) Signing on behalf of (husbands full name) exercising power of attorney? Do I also need to put on the registered number do you know?Thanks Terry __________________
JPS25 replied to the topic Surat Basin – which town to invest in? in the forum Creative Investing 13 years, 4 months ago
Hi Josh,We built direct with Surat Basin Homes, and have had no problems with them and first house was rented out 2 weeks after handover last year even though there was a flood of properties on the market at the time. Website is http://www.suratbasinhomes.com.au/Ask for Di Ewan you can mention our name Paul and Jean Smart I am sure she will be a…[Read more]
JPS25 replied to the topic Tax Question – FIFO worker in the forum Finance 13 years, 4 months ago
HiTry ATO site depends where about you are working http://www.ato.gov.au/individuals/content.aspx?doc=/content/39914.htm&pc=001/002/046/004&mnu=42570&mfp=001&st=&cy=
JPS25 replied to the topic Surat Basin – which town to invest in? in the forum Creative Investing 13 years, 4 months ago
Hi Property Invester 1We are just about ready to build our 2nd IP in Chinchilla with the same builder we used last time. They are very good and all thier homes are built to a high standard.Not a lot of land left to build on at the moment but will be more in the near future so you need to be quick or wait for the next development to open up.Good…[Read more]
JPS25 replied to the topic Is stamp duty tax claimable for IP? in the forum Legal & Accounting 13 years, 6 months ago
Stamp Duty is not deductable at the end of the year it is instead added to your base costs and comes into effect when you sell
JPS25 replied to the topic Who is responsible for possible sinkage of drains and fence in the forum Help Needed! 13 years, 6 months ago
Hi scott,The builders said they are going to contact council for us about it they had a few problems it seems when they were doing the blocks in that area originally. But yes will also follow through ourselfs with the council if Jay comes back and says it definitly is on the showground side of the fence. Will let you know how it goes Scott, we are…[Read more]
JPS25 replied to the topic Surat Basin – which town to invest in? in the forum Creative Investing 13 years, 6 months ago
Property Investor 1We built with a local builder Pm me if you want their name they are very helpful and build a nice homeJPS25
JPS25 replied to the topic Back Yard drain sinking in the forum General Property 13 years, 6 months ago
Been in touch with the builders and it seems it is a problem on councils land ours is not the only property effected so hopefully council will sort it out quicklyThanks JPS25
JPS25 replied to the topic Who is responsible for possible sinkage of drains and fence in the forum Help Needed! 13 years, 6 months ago
Been in touch with the builders and it seems it is a problem on councils land ours is not the only property effected so hopefully council will sort it out quicklyThanks JPS25
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