Originally posted by elkam:

Basically you can rent out your PPOR for up to 6 years and not have to pay CGT when you sell as long as you don’t declare any other place as your PPOR during that time.

But if callander moved into the new home that they purchased..wouldnt this become their PPOR ? in the definition of a PPOR it says things like “does…[Read more]

Hello All

many thanks for all your responses!

I will check with my broker when i get hold of him and go over my options.

I want to go interest only so i can build investment properties which i will most likely not be holding on to. I then hope the be able to plonk my profits onto my loan…so i guess i am paying off the principle in a way……[Read more]

Hi Jaffasoft

My business partner uses skype for his interstate calls.

We use a program called tri-tel. it is a pre-paid service, and you simply add credit with your credit card, bpay etc etc.

the calls are very cheap..11c nationwide to land lines. approx. 20c min to mobiles… and it can also be used for sms at 11c each. you can set up your…[Read more]

Hi Shergar,

i would have thought that if you moved into an IP, it would then become your PPOR?

i am unsure of this..very interested to see some informative replies to this one!

Cheers
Lyndon

Hi

i think wylie’s idea is great.. if its possible..

if not, a garage will definately add value…but only if it can actually manage to fit two decent sized cars in it! then again…test of your morals here…a potential buyer may not know its a tight squeeze until they buy the property…and they may not have large cars so it wouldnt…[Read more]

Hi

I think what you are doing sounds like a great idea. there will always be risk in investment, and i think the fact that you are doing it with your parents minimises this risk.

Balga is a great area also. If all the numbers work and you can afford it ok, then i say go for it and good lu[lmao]ck!

cheers
Lyndon

Hi

I am very interested. We build new single storey houses south of the CBD (atwell, baldivis, mandurah, secret harbour, dawesville etc). approx 300 sqm. Are you interested ?

Regards

Lyndon

I think even though you are first home owners, you should have trust in your builder…especially because it is celebration homes. I definately understand your concern, but a supervisor will be allocated to your job and will be quite experienced.

That construction inspection service would be beneficial for an owner builder, or someone using a…[Read more]

Hi

I dont think you should spend extra money on a building inspection service (never heard of this btw)…simply because this is what you are paying your builder for!

Can you elaborate more on the service you are looking at getting ?

Cheers
Lyndon

Hi

Celebrations seem to be doing quite well, as do ventura. Id say they are both just as good as the next builder…apart from a select few . In regard to building times, if you get your home within a year of signing a preparation of plans agreement, you are doing well. one would hope that these two building companies are achieving this, but the…[Read more]

Some very good points there snowflake!

I think besides the obvious bargain hunting…the best thing a person can do is DIY jobs… working in the industry myself i know exactly how much labour costs these days!

Lyndon

I use Character Cabinets for all the new houses we build.

they are very good and quite helpful, so give them a try. not sure what their stance is on small reno jobs though.

i think replacing is most likely the best way to go.

Lyndon

My thoughts are to look at exactly what you are getting for your money. As a builder myself, i see the cost per sq metre (we work in sq metres in WA) double or even triple when people upgrade and add luxury items/appliances etc etc.

Compare advertisements and look at builders specifications ie what they include…. are the basins china or…[Read more]

if it is near the coast i would say there is a high chance of limestone…which will add a few thousand as you need to build up the sand pad before construction in the event of limestone.

things such as this shouldnt deter you from buying if you like the location etc. there is always going to be minor speedhumps when it comes to building…just…[Read more]

Class M sites are actually quite expensive. Class A is is the most standard/basic concrete footing detail, and the cheapest.

what area is the block in ?

if it is prone to flooding then it will need some costly earthworks.

regards

Lyndon

Hi

would definately reccomend Microsoft Project. If you do decide to use it, would also highly recommend taking a short course at your local TAFE / business college etc so you can utilise the package to its full potential.

Lyndon

hey

definately agree with terry there!

i am very much a novice, but i have learnt so much from reading websites, asking questions and sifting through the wealth of information on these forums! i refuse to spend large amounts of money on expensive “programs” etc. i just feel it would be much better off invested into property…

i know many may…[Read more]

Hi

you certainly should be able to get a package for around the $1000 mark…you may just have to search around a bit. dont forget about installation etc ? this may cost you a bit.

id be wary of some unknown “european” appliances as warranty issues can be a real hassle sometimes..whereas well known australian brands are generally quite reliable.…[Read more]

You only have to move in within 12 months.. not live there for 12 months. You do however have to be there for 6 months for the FHOG as you said, so i am assuming that you need to be there for only 6 months for the stamp duty concession also. i think!

Cheers

Lyndon

How were you planning on building? Were you going to pay a building company to do so? If so they will have all the insurances in place. If you are doing owner builder, you will need Home Indemnity Insurance if you plan on selling within 7 years!