Thanks Ty,After I posted I got a quote through from my other half thanks!D

Yeah look I have to say it is not all roses and you do wonder why you are renting when the 40th call the rea has gone unanswered (sposed to have a gardener inc…where is he?) We could have bought something where we rent and with a bit of reno made about 400k. But……………….Then we would only have one house not 5. Our risk would be in one…[Read more]

No worries,You are right once the permits and all the plans are approved then it will save you time, but you may make less money. As long as when you have done your feasibility study that you will still make a good profit on this then go with it. Take a look to see if there are undivided blocks so you can compare prices to see how much extra you…[Read more]

If it is minimum security then it might be worth a look. My parents in law love the fact that where they are the minimum security inmates come and deliver wood and paint fences etc so I don't think that is is the worst thing to be near. Anything that smells is a no no for me!  D

Hi,1. Slope towards the street for drainage, storm water etc or it flows towards ur houses but they can get around that. 2. QLD may be different in Victoria every tree is sacred lol. Check the council website they normally have a document on trees and development which will tell you about it. Try and avoid really big natives or old trees that have…[Read more]

Hey Tyron,I just got emailed some info from my other half about you guys! What do you guys generally charge?D

Yeah I get the trying to get more money out thing. I would call the council first and tell them the address etc and what you are planning to do. They may have regulations that need to be followed or suggestions for the usage of the property. Then I would call 3 real estate agents and ask them about the market for this sort of property, what they…[Read more]

Thanks guys, I really needed a good laugh. I'm still laughing….D

What are the laws up there on rooming houses and the like? It all sounds a bit iffy, sometimes there will be extra regulations like fire, etc that you will have to comply with so I would follow Scotts advice. What about the reno idea or was that for another ip?D

Dya think it's all young people or just that their parents don't say, hang on let's think about this first! My first car cost $1000 bucks, guess what sort of car my kids are getting…yep a bomb! They also want the best house straight away, must buy THE dream house first, no forward thinking.D

Yeah, I just didn't feel it with this one. I couldn't see the shining glow of profit. May have been a different story if we'd been over there and could see the rest of the story but for me the figures just didn't work out. I couldn't see more than 50-70k best out of it and to have to manage from 3000ks away that sort of risk v return just doesn't…[Read more]

Thanks TBS,Better to have somewhere to start rather than the whole state D

I wouldn't have thought so. I would have thought that in the plans that this would need to be included. Generally crossovers etc are last. When the builder pours for driveways to the back then the extra spaces can be done then. Were the council saying that you need 2 spaces for the front house or the back? Either way it wont be much of a problem…[Read more]

Uh don't people normally leave a deposit then pay the rest when settlement goes through? Hence 10% upfront and the rest when all the paperwork is sorted.D

Grays is better than ebay it is all legit! Search for tap ware or if you go to sales they will have bathroom or renovator sales. I was looking the other day and there were really nice tap sets for starting 39 bucks. It is bidding but the goods come from the manufacturer or distributor. The have warranties and are either pick in a particular state…[Read more]

Hi,i can understand trying to minimize tax etc but this seems like a waste of money trying to do it. I'm with Sonya, this is the way to try and achieve more property. If you used the equity ion your current property you could have a deposit for maybe 4 cheap properties. Many peoples mates, neighbors, mums and dads are "experts". Unless they have a…[Read more]

This is good advice. I called the council and asked about what we could put there. Our architect spoke to council etc before doing up any plans so it is wise to check first. Less money spent the better!D

Hi,I think you are probably looking around the 180-230k maybe more depending on finish. I think you are better off approaching builders with approved plans, they just want to build.We are almost finished with our builder, Duroble and will probably use them again, depending on how the last finish is done. We used an architect to do the whole…[Read more]

Hi all,Eddiem are u able to give a bit more detail such as a rough area where you are doing this and what sort of block size and success you are having doing this. I would love to do this and as yet haven't found anyone who has done it. Feel free to PM me. Thanks for any info! D

At this stage I have, property, shares, art, wine (1 Bottle of Grange lol!), clothes from the 50's which I am speculating will be worth money in 30 years (you may laugh if you want but my kids will be laughing on AR). The majority is in property, that is only though I have a low tolerance for gambling and get sick of losing easily so for me…[Read more]