Buy Buy Buy

I cant undersand why it is so cheap myself but it is the cheapest suberb in melbourne. All the new development from 2 major motor ways are heading quickly toward melton it can only go up in value.
Plenty of infrastucture , no real reason for the price except still plenty of land between melton and melbourne. But that is quickly being…[Read more]

Sounds good to me, They are out ther , go buy it before someone else does.

Cheers Rick

Monopoly, my favourite game

Hi PP

It was nice to catch up with you the other night, we have talked about this subject before and I know that it is difficult but when around people that are negative to theses things it is better to not talk about the subject.
I only know this to well, I have to hold myself back some times because I want all my family and friends to be able…[Read more]

A cheaper option is put chicken wire nailed over the weather boards and render over the top , I have seen this done a couple of times.
If you just cement sheet the insulation might be poor.

Monopoly, my favourite game

I got an investment loan with the national bank for 5 units with a 20% deposit.But most lenders at the time told me it is a commercial loan and wanted 30% deposit. Just keep trying

Cheers Rick

Monopoly, my favourite game

Dont buy it.
I cant see you doing well out of the deal. there are appartments everywere in the city, what is so good to make it a good deal if you are loosing $300 a mounth. Remember that this property is the best it will ever be when you buy it off the plan so it can only go down in value, unless there is some capital growth in the next few…[Read more]

Why demolish, can you just dual occ.

Monopoly, my favourite game

Dazzling

I sold it because at that price Im only getting around a 5% return. I think I can put the money somewere else and make beter returns.

Cheers Rick

Monopoly, my favourite game

What a legend

Monopoly, my favourite game

Property Passion

The esay way to finnace owner builder, is to get a line of credit facility on your property for as much as possible if this money will do half the project then start the project. Once you run out of money get the banks to revalue the hole job , by that timr there will be a lot of value added and providing you can afford the…[Read more]

I agree with Micheal if you have an architect that is good they can add a lot of value to the job. Be carefull that there design isnt to over the top for the area causing you to have expensive building costs (over captalizing for the area).
I would still see if they can do a better price.

Cheers Rick

Monopoly, my favourite game

Tell him

That you have had a couple of other quotes , and that he is a little high but you want to use him if he can match one of your other quotes. You will find that most people can move on there price if you put it to them nicely.
Let him know how much he is out by and ask him to match the price. If he says no I cant do any beter tell him you…[Read more]

Ozi

You remind me of a engineer I work with , he is very thorough in everything he does. He looks at something in side out before opening his mouth, and when he says something you can bet he knows what he is talking about.
I am a maintence fitter and have worked with engineers all over the world , but he is one of… if not the best I have worked…[Read more]

P&I loan is prinsipal and interest repayments and
and interest only loans means that you only pay interest on the loan , so your loan never decreases, this make your payments cheaper so you can free up cash flow.
I dont like interest only loans it sounds scarey to me , but Im a chichen when it comes to never paying some thing off.
Interest only…[Read more]

Sorry I cant add that should be $16500 not $17500

Monopoly, my favourite game

CGT is 50% discounted
E.G. If you earnt a total of $33,000 in capital gain you get a 50% discount so you would ony have to pay tax on $17500 .

You take the $17500 and add that to your taxable income.

If you now enter a new tax bracket e.g. 42 cents in the dollar. You would have to pay an extra 42 cents per dollar on $17500 this equalls $7300…[Read more]

No its builders that dont know what they are doing that give the industrie a bad name , weather owner builders or builders that shouldnt be builders.
Or tradesmen that aret tradesmen that people use to cut costs.
I know how to build

Monopoly, my favourite game

Dazzling,

Your story brings a tear to my eye.
Be careful on sticking to a plan women are different to men.Once you have set your gaol keep to it, dont go changing your mind to do an extra year or so to make it easyier.I have worked with people that lose there family because of the effort they put into there work ,if they just put that same effort…[Read more]

Your old ladie is this your mum. If so does she fully understand what you will be doing with her equity.If she is benifiting from it as well and understands the risks then fair enough. But if this is your mother and you are putting her at risk of her losing her property if things go wrong. Then please dont do it , I have seen to many parents lose…[Read more]

Yes you better get writen quotes before you start.
They shouldnt charge you for them.

Monopoly, my favourite game