Thanks to everyone.

I must say, I am truly astounded no one has anwered my simple qu of whether or not I can talk about a house I have for sale on this website!  ????????

My biggest mistake list is way too big for here!!    But a fairly consistant one is not trusting my judgement and not INSISTING that when I DO know best to INSIST that those working with/for me must abide. This includes:* Not insisting rents paid on time/ homes are cleaned up/ etc* That tradies do WHAT I WANT, not what they want* That st…[Read more]

Cheers Elka! 

Thanks Pete. Any other suggestion too?

Okay……so what if its a business zone, but it will be used for residential (units) development? Then, if that's how banks view it, how come for a res 1 zone unit site I have been told I may get a commercial loan??Then, how does insurers ascertain if one is working on a residential or commercial site? As I gather this will affect insurance…[Read more]

Easier said than done to "find someone you trust and deal with them". I would rather propose:Always be aware of what you are putting your money into. Investigate, ask qu's (that's why this forum is so fantastic), go to seminars, read books, ask…ask…ask….One can NEVER be sure if who they are dealing with is REALLY trustworthy. It's the truth,…[Read more]

Thanks for comments everyone. Can anyone suggest which lenders may offer a reg'd builder an loan under these conditions (Ie as an "owner builder"? ) Would also like to know if any builders can recommend any lenders that offer lo or no doc commercial loans for units/specs/commercial ?? Thanks.

Great tips guys. Cheers.

It's a double edged sword! Damned if you say it's for your PPOR and expect to be given the "shpeel"  you really dont need/want to hear, and you may be treated like an inexperienced baboon, or go for the "power" approach as in investor and expect the price will be raised and with less chance to negotiate than if you were claiming it as PPOR.But,…[Read more]

Hmmmm…………. I do hear what you're saying…………I just think there must be another way builders are financing their own projects without it being classified as an "owner build", as the regs for OB is only ONE dwelling every three years! It just doesnt add up. I will pose this qu to the builders on "general" forum and see if any…[Read more]

Also………. then if banks view a builder building on their own land to sell for profit, but banks consider it owner building, then what does the ATO consider it as??         I am sure they would view it as "business" and tax it accordingly!

I just dont get it, sorry.      This just doesnt sit right with me. I need more info pls.How can builders buy land developments, in their own company's name,  and build multi dwellings then, if banks will only consider it an owner build??? As an owner builder you can only build one dwelling per 3 years, and only then if it's "intention" is to us…[Read more]

Thanks guys. 

thanks. problems sorted.

Laughed so much I nearly cried!…..Okay, okay, yes I think I am eligible, as a non-tradie renovator, although I hope to leave this club one day and be qual'd…just so I can charge more for doing the same darstedly deeds! Here's a few that I refuse to lay claim to, on the grounds I may incriminate myself….1) Poking spak into the wood rot holes…[Read more]

Thanks everyone. It's funny, I've asked 3 "whizzes" today, and all 3 had a different opinion…….

Hi Terry, I am in Vic and know I can build every 3, but I am wondering if there is any reason I wouldnt be allowed to SELL immediatley after building, and NOT having moved in myself. Thanks.

Great reply beaniemonster! I am with you, and appreciate the constructive reply. I hadnt considered council.  If they are inconsiderate enough to ride in a suburban yard regulary, and for hours at a time, knowing dam well their bike is illegal and that they are the ONLY ones around making noise,  (all neighbours are elderly by the way) , then t…[Read more]

Police have been notified about 5 times. Never came out once.  It's logical that would be the 1st thing I would try!