I think the deck would appeal more to people from an emotional point of view. But also landscaping is important to produce a complete package. A lot of landscaping can be done on a shoestring budget so perhaps try to do that as well. If the paving is looking like a big cost then maybe do as much landscaping you can by just being resourceful and…[Read more]
My dad did one of these. 27k for about a 35 kilometer relocation. This was a few years ago now so petrol will be bit more now.It included transport of the house in halves, joined and put on new stumps. The house itself was a structurally sound three bedroom hardwood, solid weatherboard on a farm paddock and bought into town. Bought for 7k. I've…[Read more]
Hi Tim, Here's the details directly from the State Revanue Office web site; Boost for First Home Buyers The Federal Government has announced significant increases to the Grant available to first home buyers. The new measures now bring the total available to those buying a newly constructed home to $26,000 increasing…[Read more]
It's a pity there's not a law that will hang them. Lenders should make there money on interest and interest only. Simple and easy and none of these dozens of ways, fees and clauses where borrowers can get caught.
dallen_14 wrote:
Are you trying to build one now yourself are you?
Yep, going to look into it. It dawned on me that I could potentially put one or two billboards on the side of this building I own, as it's 7 meter high brick by 14 meters and faces side on for a perfect view of passing traffic. Not in a larger town where billboards are common…[Read more]
How could this be right? $1000 combined rent for a purchase price of under $40,000 What is this…Super Positive Cashflow. Why would the people renting it not buy it with an income to support that rent amount, they could buy it and rent one side and still pocket money.
It doesn't load for me from clicking on in the forum either but if you Copy & Paste it into the browser address bar and hit enter it loads…not sure why??http://www.mortgagewatchdog.com.auI think it was because of the forward slash '/' at the end of the URL.
I'm not sure but someone switched on will come along and give a better answer.If it's only an offer been faxed and signed then they would be yet to process and print up and sign the official contract. I would ring the agent a.s.a.p and ask the agent then your solicitor.
You could show the agent your numbers to explain to them why you need to purchase the property at a curtain price to make it work for you.Take the agent to lunch or a coffee and you will knock down a lot of guards and they well tell you lots of things. I sometimes say if this property was this price based on my numbers to renovate and re sell,…[Read more]
I'm going to walk flyers around local businesses to seek expressions of interest. I have to seek council approval to put a bill board before i take that step.
"Yes" that's right you need the rent to be at least double the asking price i.e if the asking price is $100,000 a quick simple way is to take the first three numbers and double it so $200 rent then the rent needs too be a little bit upward of $200 to make it +PC. But if it's a house that could have $5 spent on in for example on painting or some…[Read more]
Hi, You could try the new Google sketch. It's user friendly but will probably also take a little while to get used to. But it's universal and you can do things like send the finished model in an email for people to open and have a look in Google Earth.Probably a bit of a learning curve but it's all free and I think compatible with CAD and oth…[Read more]
http://www.mortgagewatchdog.com.au/ do this for mortgage statements. This is the one you see the Reno Kings and a few others promoting for mortgage checking!
adld, what's the reason to buy the property with a 18 month lease already?_FeRiO, maybe change your perspective a bit and decided that you want to buy and live in your new home and spend a bit of time there and go to stay at your parents place as well when you want. Make sure your letters get sent to the place you buy. Also you can rent the place…[Read more]
duckster wrote:
For example on a 30% tax rate you actually lose 70% to get back 30% for negative gearing.for a $100 lose a week you get $30 dollars backFor a positive gearing you earn 100% and lose 30%For $100 earned you pay $30 in tax but earn $70.
Thanks Duckster that's the best explanation of positive cash flow verses negative that I have…[Read more]