Anyone??

Hi Anthony,
Property is IP. The land will be kept and built on at this stage possibly rented.

From my understanding I should be able to claim both against this IP….

ie: I wanted to know what type of soil my IP was on and
I wanted to plot the existing dwelling and land.

It is only early days for the subdivision, has not gone any further at…[Read more]

Hi Anthony,
Property is IP. The land will be kept and built on at this stage possibly rented.

From my understanding I should be able to claim both against this IP….

ie: I wanted to know what type of soil my IP was on and
I wanted to plot the existing dwelling and land.

It is only early days for the subdivision, has not gone any further at…[Read more]

Hi Gurkosh,
One of the age old questions to reno or not to reno. It really comes back to your target market and comparative sales in the area.

Personally I think there are two types of renos. Cosmetic and a full. I don’t like it when you see houses with some new elements but not others.

You can often find for semi renovated houses people…[Read more]

Yes this is correct.

You are able to get your tax back throughout the year in your fortnightly pay packet. Get your accountant to submit the necessary paperwork to the ATO.

You have to ensure that you estimate correctly or you will find yourself with a tax bill at the end of the year. If you expect to get 15K back at the end of the year it is…[Read more]

Along with Nearmap and Google some councils have very good websites which shows maps with zoning and measurement tools etc. Subdividing can be a daunting process but have trust in the experts that you utilise. They are experts for a reason. Half the problem is finding the site which ticks all the boxes.

Hi Rich,
I am also in Defence and have been investing in property for the last 5 years. There are many pros and cons for living in a DHA house. In Brisbane the rent you would save would approximately be $10 000 per year.

On the Pro side you get $13K from defence to buy a house post settlement plus the defence loan should you wish to have a…[Read more]

On the house is not to bad. The CBA Iphone app is quite good. It is linked to RP Data and realestate.com.

What sort of reports are you after?

Areas, state, boom towns?

I purchased Terry Riders out of interest. It isn’t to bad but if you buy more than one the cost can ad up.

I have also bought a property report from RP Data before which cost…[Read more]

Why is it that QLD property management is so high???

I told a mate down here how much I was paying and he nearly died. Give or take it is up around 10% with everything included.

Pending the area subdivisions can either cost an arm and a leg or they can be surprising and be relatively cheap compared to what you are getting.

khorask,
It sounds like a good plan which may work for you. As reno team suggested pop in to the council and give a town planner surveyor a call to get their initial thoughts.

For there to be a potential buyer developer the figures would have to stack up for that person before them to make any money out of it. You may find someone could take…[Read more]

DHA in smaller cities are pretty good for capital growth. However in the bigger cities DHA houses are futher out from the CBD in less desirable areas as the rent Military members pay to rent them is accross the board. So therefore if a Military member is renting a house in Windsor in Western Sydney is the same as what they would pay renting a…[Read more]

Gday Parra boy, just touching base to see if you are in the Military?

If not I can give you a bit of an insight into how DHA think.

Cheers

Q,
I actually received in the mail yesterday a letter and fact sheet from the ATO in regard to your question and other situations in regard to the floods, property and claims. The letter said that I had a property in the area that was flooded or they had been informed I had a flooded property by centrelink.

You might be able to download this…[Read more]

Hi Lordopg,
Having grown up in Brisbane I know the tag associated with Inala. I am not sure how low socio it is currently but I am led to believe it is as I have a family member who does all the commision house painting in that area. The problem with Inala is there is limitied infrastructure and lack of an urban hub which other similar suburbs…[Read more]

You would contact council and a surveyor. A surveyor can give you an initial indication and for a small fee a more detailed indication.

You can submit an offer subject to a due diligence clause. This will allow you to secure the property and pull out of the deal should your research show that the property cannot be subdivided.

You have to be…[Read more]

Ah the million dollar question. QLD has been quiet for some time now. Many people expected it to be this year but the floods have put that back and the mining tax may also be slowing it.

There will not be a true indication of prices for about another 12 months once alot of the re building have been completed. An agent I spoke to today…[Read more]

Is this all they buy or do the buy both positive and negative with high growth?

HI All, I have an update on my original post and unfortunately at this stage not really for the better. To be quite honest I am getting stuffed around more by my bank (who should be helping me) than my insurance company. Yes I am going to give them a free plug, Suncorp have done nothing but be helpful throughout the whole…[Read more]

Exactly how do I prove I am capable of doing such works? Why should I pay someone whos price my be inflated just to keep the bank happy?

If I negotiate a better rate than what the insurer can why shouldn’t I keep the left overs lol what should I just give it back to them. The amount of time I have spent on the phone to them and dealing with…[Read more]