Hmmmmm….
Is this going to impact on Singelton or not ?

I guess now there will be far more ppl visiting OUR beach in summer.
But in addition there will be far more infrastructure going into the local area, ie…they said MANY schools etc ?

So you can bet there will be a big regional shopping centre as well.

And now maybe the train station will…[Read more]

Ok…sorry I guess that was not fair.
It was funny from my point of view but I don’t think he was too amused.
Its quite a long story that took place over a week and involved a few calls.
In short once I had clarified during the first call, that they could not organise a contract for at least 10 weeks, and then I could expect to wait a further 12…[Read more]

Fair ‘n uff

Originally posted by robo:
Just out of interest KP if you don’t rent out R/E obviously you don’t own any IP’S? Why not?

Not quite Robo,
I own a swag of property…just no tenants.
Mostly its under construction.
‘Trapped’ equity you could call it.

kp

coz the laws ison their side.
Its probably the same as ‘assult’ if you touch them.

And then Ray Martin and the team will be onto you chasing you around the streets with a camera and a microphone.

Just curious…
There was a post recently on De***vex and it was locked immediately.
There was nothing offensive or personal in it……so why lock it down when someone was simply asking a question??

kp

Oh by the way, I have a funny story to tell about the Celebrations sales rep. but its probably not fit to post on the forum….

The builders might be raking it in, but I fear the sales reps’ may be struggling.

kp

Hmmmmm……
I bring the sangers and beer.

You need a tip ?????

Never be rude to yer mamma….

Theres a tip..

Hence why I don’t rent out property.
Don’t have to deal with tenants and PMs’.

Ouch !!!

Isn’t it a leech ??
Not sure myself.

Sounds like someone struck a raw nerve Ausprop?

LOL

Good stuff!
Technically, once you subdivide ( strata in this case) you need to apportion the land value to each property to use as a cost base for working out the cgt due when you sell.
Either way, you’re definitely on a winner when you can resell the original house for the same or more than the original purchase price of the whole property.

This…[Read more]

Group buying – ill be into that!!!! [biggrin]

I’m absolutely fuming…. 6 weeks ago – I flew down to perth to buy at the village at wellard.

We were also looking for another block. Took marisa’s advice and went to look at S beach.
Had 2 contracts drawn up for a corner block $138k and lot 19 – $145k…. by the time I got back to Singapore – spoke…[Read more]

I think that the $115khouse cost is a contract price and not a turnkey price.
Probably still requires floorcoverings, interior paint, etc.
Also, the initial purchase price @ $141500 may not include the stamp duty.

Till all the costs ae accurately tabled, and the timeframe included ( to work out your holding costs )its is hard to work out a true…[Read more]

Thats incredible Wayne,
Where did you get the map?
Its got the sewer run as well as the underground power domes on it. Great detail.

kp

Errrrrr…Ausprop
This is the one that SOLD me…
Ooowwwwwwww !!!

http://www.singletonbeach.com.au/index.html

I have to make mention and give credit to Marisa who alerted me to this subdivision.
It shows clearly the value in networking with like minded investors.
I would not be able to get down to Singleton till late October and would have missed the boat by then.
But by exchanging views and idea with a handful of forumites, and by doing some due…[Read more]

Hmmmmm, a bit off topic but..
I reckon we need more active mods from Perth on this forum, and as Ausprop is both knowledgable and active, I vote him to be nominated as a Mod.
Anyone else agree with these sentiments ?

Probably in the ‘Developing made Easy’ section as there do not appear to be any active mods with a development background over there….

kp

Depends if you mean Ionosphere or stratosphere….
But its a few kms either way.

Makes perfect sense to me….

Try ‘yourestate.com.au’ or ‘owner.com.au’

From memory, both free to advertise in.
M experience is that there were few enquiries using these sites, but they were an additional avenue to using the traditional ‘local paper’ or ‘local agent’scenario.

I would have thought ‘realestate.com’ would have been the best place…[Read more]