Isn't bit coin "mined" by How many processors/ ram drives you give over to be used. Some people have hundreds (banks ) of processors lined up that they were using to mine. (Whilst stealing electricity, to pay for their huge electricity bill)

Shouldn't the question be. Why does someone need SOOOO much processing power. If they have hundreds of…[Read more]

I think model of installing these 2 bedders that are transportable. Ie you can take them down again. Is that you could purchase a quality blue chip property on a bit of land put it in the backyard to make it now significantly positive cashflow so you can hold for the long term. This has been done in wa for years already. People install it on a…[Read more]

Thanks alistair. I should get you to look over or do the next one. This is my first step into commercial lending having done all resi before. So I always knew it was going to be another kettle of fish to contend with. But they don't tell you the actualities of it. Ie they say they can lend at 70% but once they take of gst, off a contingency…[Read more]

Did the 46k include the internal fit out
carpet
tiling
kitchen
painting
skirting and cornice
bath shower
taps

I think its only for the shell

I would think its closer to 80k fully installed and that is most likely doing a fair bit of the inside yourself

Good price though. That the type of home i think would make a great beach shack in some nice country beaches 

10k for stump and bearers potentially.
Sewage and water cost – 3-5k if not connecting to oringial house but if making a seperate title you are looking at standard subdivision costs 20-30k 
Planning approvals 3-5k

also would need the cost of a carport.
landscaping
fencing

residential property is a good base. Because its familiar with almost everyone. You can get the highest LVR's and people understand residential property Over commercial property.

I think above everything in investing.
That goes Above finance, structure, loans, estate planning. Is that your investing should make money.

If your not making money, either in lump sums through renovations and developments or via blue chip properties, positive cashflow, rent to buys, upvaluing then the everything else goes out the window…[Read more]

"All day, we've been chasing the scoundrel with our stolen bitcoins through the blockchain. Around lunchtime (UK), I was chasing him across the roof of a moving train, (metaphorically). I was less than 20 minutes, or 2 blockchain confirmations, behind "Tomas""

They make it sound so exciting. But hes just sitting there mashing his…[Read more]

By corruption I mean that if there a very smart computer person that invents the bitcoin and the security measures that surround it. Eventually there will be a smarter person on the opposite side who solves those problems and digitally creates himself a few thousand bitcoins 

The titles I'm not 100 percent certain could be split before construction. 
The ownership structure would be as follows.

1-2 (party wall) would have 2 different trusts as owners (but same directors)
3-4 (party wall) have same owner 
unit 5-6 (party wall) would have the same 2 trusts as unit 1-2 (and the same directors) 

i could certainly have…[Read more]

Thanks Alastair 

– servicing without counting the rents wouldn't be a problem. 
– so always will be net of gst. (Any comments about how they calculate what your gst impact would be, do they do it individually or have a generic 5-10% etc if using the margin scheme) 
– can you explain debt clearance ? Is that just meeting the servicing…[Read more]

Is that because he could of been seen as "finding" the property to onsell to the current money partner
If no consideration is passed between the two would it still constitute a onsell?

The majority of existing money in the world is digital already. Chequing or paying by cheque is already starting to become obsolete. Then it will be cash after that. A digital currency (even if run by goverment) would bring in billions more in missed tax revenue.

and arnt Bitcoins worth like $800 each or something absurd? The potential for…[Read more]

Wouldn't "and or nominee " work in this situation. Then just assign  through your solicitor to the person who is purchasing the property.  Or is that just something you don't want to do with a money partner in case they leaving you holding the bag.

1 bed into 2 beds.
Provided you could fund it completely with you smsf no borrowings.
Could also consider if you have external equity available outside of the smsf. Possible Tennant in common or as percentages of a unit trust.

"How can I borrow against a house I don't own?. Will rental income be his income, or mine? "

If he bought your house you would have cash available (which could be seen as better then re borrowing against equity) .. but you would lose your rental income, but also lose the leftover debt on the property as well ( a positive).

If you joint venture with a developer and you have next to no funding then you will find that you will receive very little of the end profit Under 10%.  Prob less then that they would rather buy the land off you on some type of long settlement for a year whilst they make all the money.

If you had some funds at all you could try and get a…[Read more]

By big cost i meant  " big markup on cost price".

Down lights is another big cost in multi house developments. You can order 100 down lights from china cheaper then in Australia. Some are quality and some are not, Got to check they comply with aus standards.