Do they contact you to be in thier magazine?pinkboy

jasonfonseca wrote:
Pinkboy, Could've hedged your spending in MAC camps by buying shares in the company. The share price performed fantastically in the 24 months leading up to their takeover. Could've made all your money back and more. Just a thought. Jase

Currently charging the mines Accommodation at cost+15%, so I feel that is a reasonable…[Read more]

Ahhh, good ol' MAC camp accommodations!  I reckon I have paid off 20 odd rooms, and a couple of ablution blocks, possibly the mess and probably the laundry as well for them.  The newer camps are quite good, the older camps….well lets just say I am glad to be in my own bed tonight!pinkboy

Jake H wrote:
ive worked for the same builder all through my apprentichip and in july i turn tradesmen and ill be contracting to the same builder. However there is an 80/20 rule that applies and i have to contract to another company 20% of my time. Although im guaranteed work every day the banks still regard me as self employed. i have enough…[Read more]

mucyx2007 wrote:
Thanks, MartyI will make sure they know about this, as long as they don't over do it…Cheers

Your post has now been publicly recorded as you being an accessory to the crime now, if you advise them to do it, but make it less obvious.If three cars go through a stop sign, the first at 2km/hr, the second at 20km/hr and the third…[Read more]

Im no expert.I would think that stamp duty being only a one-off payment and then taken off your gross CGT figure when you go to sell, it wouldnt be included in a net yield calculation.  However, it could have a bearing if you were calculating to a controlled timeframe (say 5 yrs), which you could add into the 'annual expenses' divided by the…[Read more]

[{(rent x 52) – (all annual expenses) / purchase price] x 100.

Example:

[{($300 x 52) – ($4000)} / $300,000] x 100

[{$15600 – $4000} / $300,000] x 100

[$11600 / $300,000] x 100

= 3.87% net.

Happy to be corrected.

pinkboy

Having done the Ironman in Forster/Tuncurry, I can vouch it is a very nice area, close to nice beaches etc. I guess it would be a little bit of a sleepy town, with a lot of retirees in the area. I know nothing of it’s RE there, haven’t been there since the last IM there in 2005.

You would be hard pressed to even find land in Qld for $100k near…[Read more]

If it sounds too good to be true…

http://www.nab.com.au/wps/wcm/connect/nab/nab/home/personal_finance/1/4/1/1

Not sure if this link works from my iPhone, but on the NAB website, do a search for the buying costs calculator. It works out LMI based on the amount you punch in. I wouldn’t say it’s gospel, but good for doing close estimation of purchasing costs.

pinkboy

My current rates vary from 7.16% to 7.36% at the Bank Of Qld. I’m not phased by rates, I know I can do heaps better, but my time vs saving works out to probably a little lower. I have an excellent relationship with our bank manager (wifes best friend, also our daughters are best friends in the same class at school), whom I can call/email at…[Read more]

Mackay Regional Council has just released it’s estimates for the region, expecting to double population by 2030. Apparently we need 1200 new homes built per year to keep up with demand. With promising news like this, at least 1 investment in Mackay you won’t go too wrong. 1 minor setback maybe that you can expect some of the most horrendous rates…[Read more]

14281239 wrote:
I will gain my real estate license at university, there are two units I need to complete that automatically grant a real estate license so that will be no problem, do you think any other licenses would apply? And what would be a good way to start the business? My problem is my age, who takes a 20 yr old seriously in business! I…[Read more]

The website is slightly flawed.  I searched our current block we are building on and it is still listed for sale $79k more than we bought it for.  We purchased in Aug '09.  It also has a $600k improvement on the block, so I dont like anyones chances at picking up the address at its advertised price!!!

Blueboard can be rendered, pretty common for the upper level of homes made of soft construction.

not_so_lucky wrote:
The installer will still provide me with a receipt, it will just state that I paid him $7,500, but it will not state that I paid gst (if I choose to go down this path). Also, I have already paid a large sum of money to the installer (and paid gst).

So you are going to pay someone in $7500 physical cash?  Because if you pay…[Read more]

I would keep in mind that for the sake of $750, not having any proof of purchase if a. a warrenty claim is required or b. an injury was sustained whilst working on the job or c. an accident happend from a structural shortfall etc, then I suggest you look at your situation a little closer.You then relieve the installer of any liability and assume…[Read more]

I live in Mackay, which development/builder?

Is this your house in Mackay?

I had the guy from Vanalay Constructions in my house, showing him plans etc for our home we are building, but we went with my uncle to build for the ability to help us out a little to get instant equity, so I can purchase a few more IP's.  I have been in a Vandalay Construction home, and it was very well finished off.   Solid choice.I have a pr…[Read more]