Who’s doin’ what in 2011?

Hi D

Unlike you I am looking to move out of PPOR and rent. I also want to add a few more dollars worth of value to my IP so it becomes positively geared, then I want to invest in the US (3 properties) and move to subdivisions (but only managing one, not paying for one) – my brother has the block.

As for losing weight, I have given up on that one

I am looking forward to getting more into Yoga and possibly getting fit – I can only dream 

Thanks for the thread! You have a lot on your plate.

Great post,

My year off to a good start. Completed the bulk of building work on my PPOR, just putting up and knocking down a few internal walls and blocking up some doors, painted half the house (inside) so far, and generally taking it one weekend at a time.

Took some time off work for a proper holiday, for all of April.
Used the holiday as a good excuse to get engaged. Hooray!

We are still planning on tackling our kitchen and bathroom, paint the outside and maybe even put up a carport and patio… the goal being to eventually move into the next house, and get some tenants into this one… But of course now we are trying to stash some cash for a wedding too.

It should all be manageable, but will take more discipline than we have previously employed…. our spending habits are more like a game of duck duck GOOSE…. saving saving saaaaaaving SPENDING *run around like ricky bobby on fire, and giggling like chucky*

Hey D

When does your PPOR settle? Are you so happy you don't have to move around anymore?

Hey D,

August isn't far away; it will be here before you know it.

I am toying with the idea of doing Rick Ottons course; buying houses without the banks. I come back to square one every time I start in a direction though – which is thinking I could do it myself but with a little more pain involved and more information sourcing. Still, I don't seem to get my AintoG when I think this way …. I know I asked you before how you got started. I just got to pick something and go with it and take another risk (my $50k hasn't been refunded from my other deal yet, still liaising that one but I did feel good for taking the plunge when I did it).

Cheers

Edit; must add that is WAS a calculated risk

Wolfe…..

Love your passion and hear your excitement………….Mind you civil unrest in the suburbs over your development……man that is putting it out there…………..lol

Will have our latest development finished and on the market next 5 weeks……….. Best product in the worst market so to speak…..lol

Will post some links when I get around to it for you to have a squeeze….

Cheers my friend and may the force be with with us……..

Your places look great Beedie! All the best with them.

I only just came across this great thread by DWolfe this evening….  If I'd put my goals down at the start of the year would have been….

– to have a successful pregnancy
– to sell our Graceville houses that were mid construction at the start of the year

We had a difficult pregnancy but now have a beautiful healthy boy – all worth it!

The market was such that we'd built a great product in a currently declined market and hence have rented the Graceville homes out rather than sold (we already hold 12 rental properties so weren't looking to add to that).

We've changed the direction of our business successfully as a result of Graceville – things happen for a reason… now solely focused on client's developments for the next couple of years and then we'll go back to doing both our own and client work.

So by this time next year…..
– I will have sold one of my Victorian rental properties
– we will have built and sold our Gympie – 4 townhouse development
– have leveraged off the current client work we are doing to grow the snowball (pipeline) to the point where we can get back into another development of our own concurrently.
– I'll be more web savvy and if I haven't engaged someone to help will learn how to build a new website for ourselves from scratch, start a regular newsletter
– investigate a business idea I've got for other developers
– all between playing; new Mum, Farmer – we have 500 acres, Builder's Wife, property investor

There – now I feel accountable.

All the best for the rest of 2011 and beyond!

Cheers

Meg