Tom, Latest update (27th March 2010) for Moura is Belvedere has completed their prefeasibility. Looks like $700 million or so to be allocated for above ground infrastructure (roads, offices, loaders etc).  Lots of workers required for that. It is unknown at the moment if they will have a "camp" or use local accomodation, although I understand…[Read more]

Benjamin Csikos wrote:
Well, looking at the median house prices in moura…. In a matter of a month, house prices doubled!Median house prices in may were at 215'000… and in july, the median price was 400'000!So, what makes you guys think this is going to boom… it looks like it already has, and since then, prices have fallen back to the 250…[Read more]

Just like to say I have applied for 3 of these. I am putting Solar hot water systems in 3 rental properties. All works very well. A bit of a delay in geting the report but I wasnt organised earlier anyway so no harm done. I did increase the rent in consultation with the tenant and after all is said and done, it costs me less than $2 per week!!!…[Read more]

Hi Kelley,Just wondering what your thoughts are on the commencement of Belvedere? We had a rental sit vacant fot 5 months up there, and granted, it wasnt the prettiest flower in the bunch, but this was reflected in the price. Last time I was there, I did notice approval for a new child care centre. I see Ray White real estate has sold up and gone,…[Read more]

who cares?

Ozzra,You may also note that there is a history with a failed buisiness, an injury and no current income from employment. Having equity is one side of the equation, I imagine the problem was finding a lender who is happy to compromise on the servicability, particularly in the current environment where the equity position is variable upon a tough…[Read more]

The texture you describe I would call bagged rather than render. There a few products on the market that can be painited over this to achieve a flat surface but are quite costly. I looked at them for my current reno, and it will never be "smooth" like a gyprock wall, there will always be a texture to it. I would also be doubtful that 3 coats of…[Read more]

I have read this post with interest and am dissappointed with how quickly some have jumped to a conclusion of "scammer" "bluddger" and feeling that they had a right to express an opinion on the number of children that you have. I applaude you decision to regather yourself and start anew. In the current environment I feel yours will not be an…[Read more]

At the end of the day at this point in time, even if you are not able to settle by the end of the financial year as by the request of the vendor, there is no alternative for them to find another buyer. Was there an ultimatium of buy it by the end of the year or no sale to anyone?, or was it a tactic to ensure settlement at a time optimal for the…[Read more]

I found this"As an example of the benefit this provides, for a small business being conducted through a corporate structure, for every $1,000 of eligible asset acquired, the total tax deduction will be $1,500. A $1,500 tax deduction provides a tax saving of $450. Therefore the overall after tax cost of $1,000 acquisition would be $550."But I have…[Read more]

Try and stick it out until the settlement goes through. Compare the pain of your JOB at the moment with the potential pain of changing jobs and having a late credit check from the bank and complications or refusal of the loan. Grin and bear it and consider it all part of the cost of investing. Besides, instead of quiting, you may get one of those…[Read more]

Ah scoff as one will, I recall being in Tassie just prior to the original FHOG coming in in 2000. There were many instances of people being able to use the grant for almost the WHOLE cost of the house – yes, quite a few sales in the sub 10K bracket. These rented out at $50-$90 per week and we now see the as on this site, reselling around 10 times…[Read more]

Dont forget to put in context, the time the book was written. Whilst the information is an excellent resource, the market is different now to what it was then. Dont beat yourself up on your purchase. Look at it now and manage it to make it do the best it can.

Oh and dont forget the health care benefits. I personally know a family with 3 children who are on unemployment benefits. Both work for cash in hand jobs. Between rental assistance, family payment and the dole they are quiet comfortable. The housing commision home is a 12 yo brick and tile and it roof is currently being replaced (go figure…[Read more]

Hi Duckster, do you have a link to these new rulings. I cant find one at the momentThanks

I have one property self managed (close proximity) and the others with PMs (long distances away). I dont find the whole process to difficult, and yes I have had a tennant from hell, currently actually that I am self managing (soon to be evicted). I dont feel I screwed up, I had references from others PMs and work, rent was always paid, it just all…[Read more]

Kailyn  what??????Do you think you are in the right place??????

I have built and lived in several new homes, 2 with granite and one with ceaser stone. Both looked great and functioned well, however, the ceaser stone (pale colour) did stain. I realise it is not supposed to, however, I can vouch that red marker texta does leave a pink shadow (thanks to a tiny tot!!!). My family loves doing craft at the bench,…[Read more]

There seems to be 2 issues. Here is my suggestions based on what I have done recently.1. Inform the purchaser that there will be no further extensions and that settlent is to proceed with due haste or the penalty interest will be charged as per the contract they have signed. (I have seen "nice" vendors delay settlement, purchasers fall over,…[Read more]

yes