Unfortunately you have to man up (or woman up) in this situation. Everybody has encountered situations in life where it feels like it would
be easier to just keep things as they are because they are afraid of confrontation. 

You need to be upfront with them. Although cancelling water and power would sound like a good option. Would leave a bitter…[Read more]

Not really engineers can solve most structural loading problems. Steel I beams can support a fair bit of weight. So you just need to get the engineers report. Which if you are on ground floor to level 3 could get expensive. As would have to calculate the entire load above. 

Putting aside the helping family, right thing to do etc. 

Are you a only child? Could be issues with other members of the family. 
capital gains tax issues for your parents even though you have stated its their PPOR. 
Cost of stamp duty 20k – to purchase a asset, that you would inherit anyway (sorry mum and dad/hard reality)
valuers:…[Read more]

You should find the process actually easier then going from say 1 block into 2 blocks.
It's basically amalgamation of titles.
Issues might be seeking approval from the strata corporation. If In a unit complex of say 4 units – if you owned 2/4 it wouldn't be a problem. But if it's like 20 units- could require the majority which means getting people…[Read more]

Advertisement doesn't always mean possibility. 
Depends how much involvement you want in the process and if you want a complete turn key house or you want to get a smaller builder in the build both homes .
some bigger companies can do plans and subdivision process for you. Or you can do it yourself and try to save some money and learn a few things…[Read more]

Yes.
you have to get the relocatable house for fairly cheap/ nothing
under 20-30k 
transportation depends on distance. There are a number of companies in different states that can give quotes.
but just to jack the house up onto the truck is about 10k 
then it depends on kilometers travelled and sometimes difficulties and size of The house if…[Read more]

Firstly.

did you check that the block you bought. You could subdivide. Best a quick visit to the local council. 

You could design a house plan that is very front frontage orientated. Actually best to get both houses designed at the same time so that it all fits and then just have your building designer edit out the 2nd drawing if you wanted to…[Read more]

That is a pretty strange idea.
if you were really bent on getting a tax return. Why not just have you sister rent the property off you directly whilst you still live somewhere else. And then your sister invited you over for dinner. And you fall asleep. Every night. In a room that had all your bed and clothes in it. 

Good choice to start young. Like any pro in any field when you ask master violinist when they started playing. they respond with 2 years old. 

Your choices I see which you should structure your school courses and potential uni courses should
revolve around one of 3 things to be successful in property development.

1) you can work on being the…[Read more]

Yeh its a tough one when you get hit by a big water bill. 

I bought these timer sprinklers to water the lawn at a rental property and just set them to 4am and 10pm. 
3 months later i get a bill for $1400. I was like whattttt is going on here. Turns out the stock time on the sprinklers was 2 hours. 4 hours of non stop water usage per day for 3…[Read more]

Not separate titles, so only one rate notice. For example someone could own a block of 4 units on one title but they would only get charged rates on the value of them. Usually water charges are slightly higher as well ie one house might be 1k per year whilst 4 units would be 1.5k a year. which is why they havent previously subdivided them because…[Read more]

Not separate titles, so only one rate notice. For example someone could own a block of 4 units on one title but they would only get charged rates on the value of them. Usually water charges are slightly higher as well ie one house might be 1k per year whilst 4 units would be 1.5k a year. which is why they havent previously subdivided them because…[Read more]

Make sure you don't go signing another management agreement before you have the first one cancelled. Unless you ticked open agency. (Not single agency) so reserved the right to have multiple agents looking for tenants.

Lets be honest though. There's not a real lot a credibility to lose as a buyer. A agent doesn't care if your a man, woman or tomato. They still get a commission if a tomato buys the house ( more interested in sellers anyway, who Pay their commission). How often do you purchase property, say a active investor maybe up to 5 properties a year that's…[Read more]

You have to think about NRAS in numbers if you want to gain the real benefits. Not as a individual purchasing a PRODUCT.
Heres a situation. Most if not all states have a affordable housing community. Organisations set up to help people get into housing.
Now the minimum that NRAS like to see in a application for the grants is 20 homes and more…[Read more]

I would take the long term rental with lower yield over the holiday rental. Going to be much easier for the banks to finance against that type of income vs transient Holiday rental unless you had a couple years of "total holiday income" under your belt ie You could show for 2 years that it earnt 20k in one year and 22 k in the next and they could…[Read more]

Do not try to do it as a "hammerhead" allotment. Instead try to do it as a group dwelling where each dwelling has common property "the driveway" and you have your garage/carpark for the 1st house at the rear of the first house.
alternatively you could try and get approval for a cross over at the front of the 1st house for your 2nd non enclosed…[Read more]

Cant go past a few letter box drops either.

Just sign up with a local real estate agent that somebody can give a reference to in the local area.
Not every agent is bad and out to try and rip you off.
Just sell the property.

1.2 mil extra and i get those Bars to prevent burglaries and trap me inside in case it burns down.

I cannot believe those are actual prices.

Is one in EURO's and the other in US at the very least ?