Total Members: 158,077

bigblueit

  • bigblueit replied to the topic Property bust not here yet … worse to come in the forum General Property 11 years, 8 months ago

    Anyone who thinks they know whats happening with the political landscape is kidding themselves. Overall you cant control or influence what happens at senior political level, and what you think you know is probably far far removed from the real conversations that are had. Hell, half of the people IN senior political positions have different…[Read more]

  • bigblueit replied to the topic Invest in 1 House or 2 units? in the forum Help Needed! 11 years, 8 months ago

    Hi Tiggie
    you are in a pretty good position with this property. Start with the end in mind – so your goal is to invest in property and build equity right?

    You have quite a lot of equity in the home which affords you flexibility. Given you can buy a unit for $225k, what i would suggest is your first option.

    Buy a new unit for $225k with some of…[Read more]

  • bigblueit replied to the topic PPOR, Dual Occupancy & CGT- not the typical question. in the forum Value Adding 11 years, 8 months ago

    There is no CGT applicable on the new property (your current PPOR in 10 years’ time). As you say, it is not an investment property and is your current PPOR and therefore no CGT is payable.

    I have done something in a very similar situation to yourself but over a 3 year period, from initial purchase to completed development.

    These sorts of Dual…[Read more]

  • bigblueit replied to the topic Cost of a survey plan in the forum Value Adding 11 years, 8 months ago

    About 2k including title reestablishment which should be done at the same time, as if you are subdividing you will need the reestablishment of title down the track anyway.

    Id question what you are getting for 900, will they do a general neighbourhood survey, services details etc

    Where are you based – i can put you on to some people in Melbourne…[Read more]

  • bigblueit replied to the topic cost of building a townhouse in melbourne in the forum Value Adding 13 years, 10 months ago

    Hi jsco99,I have recently been through a dual occ planning permit process with my architect and can strongly recommend them.Company is Petridis architects in Ivanhoe.  I am in the process of getting working drawings done for the building permit and they have been excellent to deal with througout, especially their responses to council…[Read more]

bigblueit

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