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thanks for the feedback
Thanks for the feedback
Hi,
I built 2 townhouses in the Western Suburbs and used a builder called Bright Homes.
I was very happy with their price and quality of work.
If you want call Mark Santilli on 8361 9322 and he will be able to give you a quote.
Good Luck.
Michelle
Hi, Just wondering what you ended up doing? Newman or Onslow?
Check this out Everything you need to know about… Selling a Domestic Owner Built Property
http://www.buildinginsurance.com.au/CAS2/cas2_vic.pdfI am currently doing this at the moment, So far its looking at becoming quite profitable.
The best option would be to rent, remember if you sell within 6 months you will get hit with quite a bit of tax.
You would be better of selling the front house.You could subdived land in 2 parcels and get bank to reevaluate to gain equity this is what I needed to do to raise funds
Remember its a good idea to discuss your plans with your local council first, this is free and will give you a good indication if they have any concerns.I have taken out leases on propertys to sub lease on a number of occasions to backpackers in st kilda, Some advise you may wish to take – Signed contracts, Taking a bond, holding ones passport as security(this eliminates runners), Less bedrooms the less hassle, 1 & 2 bedrooms were less hassle, 2 people per room, rent should include costs for electricity etc Telephone left to tenants, Flyers in internet cafes and backpackers ensured no empty beds, fully furnish with beds and basics from salvos or garage sales, short term min weekly accomodation,
Cheers
BrianYou may want to check out http://www.yourmorgage.com.au
they will give u a great selection to choose from,eg. homepath offers 6.46 or carrington offers an all in one loan for 6.47Good luck
Brian Busuttil
0416297666