Hi Lee,

It really depends alot on the individual house and exactly what the job entails.

For instance, Tongue & groove / wooden board walls take more preparation time (snd/wash treat for mould?), more paint, possibly need time to ‘fill gaps’ where the boards have separated.

Does your quote include the removal of the wallpaper?

What quality…[Read more]

I like the idea of Childcare centre…thanks.

The idea of the Supermarket and services is good too, however there is a reasonably new Woolies only 300m away…with butchers and speciality shops etc,

Looks like I’ll need to spend some time in the town to check out the needed facilities..maybe the Council can help.

RosePink

Hi Kenyaboy,

In the end the option of talking to a solicitor may not be as horrific as you seem to anticipate! Having said this, we have now completed two such rejuvination projects during early access without any complications.

Laws do differ between states, certainly I would be UNWILLING to carry out extra work before the Contract became…[Read more]

Hi Maki,
[bonjour]
If your just starting out then your book keep load shouldn’t be too heavy. I’d suggest that it’s more important to get your bank accounts setup separately so that all of your delaings are fairly transparent, and let your accountant worry about the details.

My accountant recommends MYOB, so that’s the way I’ll be heading, but…[Read more]

[cap]
Hi AJX,

Not sure exactly what details your advisor is talking about with the “property trust” ..more details might help. [blink] But I’d advise caution until you’ve had other independant advice!

However, What about sellng the investment property, realising the $100K or so equity and using whats left after costs and CGT to reduce your tax…[Read more]

Hi There (Juan?) J Carlos,

This is a fairly standard recommendation, providing both asset protection and possible taxation advantages.

The cost of $2,000 is pretty standard, however it depends a little on your plans re your own real esate involvement. IE if you just plan on a few properties then maybe this is not for you, as the overhead is…[Read more]

Hi Steve,

ANZ are doing a ‘Breakfree’ package which you might like to look into. It’s for a variable rate… not fixed, and has several conditions applied, but if the conditions fit you get to save on all acc fees, credit card fees, application fees, get get insurance rates (similar to bank employees) and they’ll knock 0.5% off the 7.07%…[Read more]