Thanks Richard,
So it looks like the rates over there are not much lower than over here.?

Are they lower for locals and citizens I wonder ?

kp

PS…I have heard that Ark Homes manufacture in Townsville and will transport to ISa….
I have also heard of a ‘Squadron’ transportable home that was sent up there.
From what we saw, I would recommend stay away from them…

kp

Interesting question…
I was in Isa last week to have a good look around.
We met Xstrata, the council, some local business owners, our preferred agent ( Ray White…great people)

We got some blocks in the new subdivision, and as a result are also going to build.
But we took along our own builder from the Sunshine Coast.

We believe we can get to…[Read more]

Richard,
I need to come and see you next time I am in Brisbane…..

kp

You’ve picked a tough market ot work in. Perth is red hot at the moment.
Having said that, my broker just told me she picked up another place in Perth over the weekend. Don’t know the details.

I have similar experiences in that I started doing renos’ as part of the process in duplexing properties. This was also in Perth.
But I started in…[Read more]

Ummmm…Richard is being sarcastic I think ???
Do yo mean ASIC send someone along to monitor what she is promoting as part of their investigation into her ??
Poor Dymphna….
kp

Hi Nigel,
Just out of interest, would you know what sort of prevailing interest rates are available in the US ??

Its just out of curiosity.

Thanks
kp

Sell the Wellard block ( coz I may want to buy it!)
Can you de-tail how long you have had both and what was the purchase price ?

Also, was was the purpose of buying them in the first place ( ie what was the initial object and was there an exit strategy ?)

Has the lancelin block got any potential for future subdivision into smaller blocks ?…[Read more]

Interesting comments…
Imagine…bamboo reactors.

A lot of the demand within China for power and manufactured goods is for domestic consumption.
Some of the numbers quoted for their planned electricity needs are truly staggering.
They are an emerging economy and very class conscious. Consumerism is the best way to display this.

As for having…[Read more]

Yeah can’t agree more.
I got lot 56 Board St. Where abouts are you ?
Still not sure who to build with and whether its worth going dbl storey or stay with a single level…

kp

Man!!
Talk about building in the sand dunes!!
Hey Wayne, that agent is a bit sparse with the words in the advert.

SuzieQ, what do you reckon your block is worth now based on the new sales data from stage 4?
Reckon those stage 2 blocks must be up $50k or more !!

kp

Great thread!
Lots of interesting comments.
The ex neighbour owned a DHA house and has since sold it for a small profit. I remember when he was debating whether to buy or not, he managed to talk himself into it and ‘justify’ the purchase. I recently met up with him and quizzed him about the DHA investment to confirm some of the terms and…[Read more]

Hey Jes,
If you are concerned that the agent earned an easy $16k then you should have negotiated the fee down. All commissions in WA are now negotiable.

Was there a reason given why the buyers would not accept the delayed settlement ? Maybe they had a valid reason themselves ( eg…had to move out of a rental by a fixed date, etc) hence your…[Read more]

I would say that if you were looking for the most ‘cost effective’ way to do this, then use a spec builder. Most of the bigger ones have a ‘special projects’ division to cater for multi unit sites and duplex additions to existing single residential homes.
The best place to look is in the weekend papers, both Sat and Sun as they have seperate…[Read more]

Originally posted by Mkc:
Thanks very much KP , will you come and oganise it for me please if that’s doable l’m selling my block next door and kicken back .
Not that l understood much of it but with another 20 reads there might be hope .
Cheers.
Mkc

Hey Mkc,
Its very do able and very common, and you don’t need me to organise it for you.
You can…[Read more]

Originally posted by Mkc:
Originally posted by ecatt:
Im with you MKC… I didnt understand what quiggles was saying either

Looks like we’re out of luck Ecatt , why do people always disappear when you want to follow up something they said .
Cheers
Mkc

Try this:
$200k returning 10% in six months = $20k.
Over 12 months at this same rate of…[Read more]

hb,
China’s just the beginning.
Theres India next.
They all wanna TV and a refrigerator too….and theres a billion of them as well.

So, unless we have a flu pandemic, or a global natural disaster, the good times are set to keep a rollin’ for WA for the forseeable…

kp

Lots of assumptions there Sailesh.
First one being that the resale is $260k each.
What if it was $350k each ?
Would it be worth going ahead then ??

I would suggest that resale in this suburb of Perth WA, is quite different to what you are used to in Bogan ( oops…I mean Logan)so making the assumption that the market value of each @ $260k when…[Read more]

As Michael Y mentioned earlier, apparently theres more to it than the obvious.
This from Michael’s monthly newsletter:

SHOULD A PROPERTY BE HELD IN A TRUST? By Ed Chan, Accountant

The word “TRUSTS” is used very loosely by some people and when someone says to me that one should or should not use a Trust its like saying should you or should you…[Read more]

[
Add Succession Planning into that mix KP [biggrin]

REDWING
[

WILL…..when theres a will, theres a wae….[blink][biggrin]

kp