Members Equity have 7.44 fixed for 5 years with no fees.  I'd be fixing for alap.

Crashy – do you know if you can do above over previously painted bricks?

I think it may be worth rendering whole house.  Rendering the front only looks a bit cheap.  Just my opinion.

Noosaville maybe? 

I've heard Karlbarri is one of the most beautiful places in Aus.  it would be nice to spend 3 months travelling around there – camping, fishing, family bonding, relaxing.  I would contribute money towards organisations that are researching diseases, cancer, and caring for sick children.  I would contribute also to Wildlife Warriors so that they ca…[Read more]

Butter yellow works well for brightening up dark halls also.

Hi Elka, Try googling it.  There's a nice example of painted wainscoting on ebay.  Also I'm not sure if this would work or if if the product is still available but it may be worth looking into it.  We sanded and polished our jarrah floorbourds with a waterbased polish rather than oil.  The colour turned out a lovely rich red and is a lot lig…[Read more]

It's a lot easier to do in a rising market.  Helps if rents are rising.  Hardly worth effort if there is heaps of land available in chosen area.  If you purchase in an unpopular area you may have to wait for a boom to make an money on it.  Consider tax paid on profits.

Of course, mine's just a plumber.  Is there a certain design/theme/size/attached/detached that you have used?  Thanks, Linda

Richard, what/where/how has your strategy worked best for the right project (most profitable).  Is it easy to get a fixed price contract in a rising market?  Regards, Linda

No devo76.  If you want more info have a look at the link.  There's probably about 6 pages about the form.  06/07 cutoff would be 15th May 07.  07/08 cutoff would be 15th May 08.  Anyone wanting further info on this topic use the above ATO link.  I'm not an accountant.  I've spoken to ATO previously about this subject.  If your concerned,…[Read more]

WAIP tonight reminder!

Hi devo76, I agree with Amanda.  I just realised you've only just filled in the form.  The cut off is 15th May to lodge for that financial year so I hope you read the link.  -Sorry.

Hi Brad, the zoning hasn't changed yet, the Town Planner at the local council suggested 12 – 16 townhouses.  I'm being conservative until the zoning changes.  Linda

I do remember something like that.  Maybe 1st July but not positive,  try a google search.  I've noticed heaps of properties around Kiara, Eden Hill, Ashfield, Padbury have sold in past month.  Some have been on the market for months, others only a few days.Good luck, Linda

Here's some more info. http://www.ato.gov.au/individuals/content.asp?doc=/content/00096541.htm

You can do either.  Considering it's nearly the end of financial year I'd leave it.  If your payrise doesn't coincide with start of new financial year you will be given a bit more tax back for this financial year also. 

Hi Wayne, I've noticed some of the bottom end properties are moving now – Thanks to the first home buyers grant being lifted to properties up to $500,000.  I'm sure your property will sell within the month.  Linda

By the way, I attended a Seminar on Friday at The Property Expo where Michael Yardney was a speaker.  I think his advice was good and he was an honest character.

Hi Brad, I'm hoping to start on a project of 8-12 townhouses in about 3 years time on a block I already have.  My bank manager said to give him a call when I'm ready, finance won't be a problem, and I'll have to sell them off-the-plan.  I would like to sell 1/2 and keep the rest.  Using your spreadsheet I worked out it can be done.  Do you thin…[Read more]