My wife and I looked at Plantation Palms, but it wasnt for us – but it is high on our list of potential IP places in Mackay.  There is a good mix of land sizes, close to schools and some shops, parks, 5 mins drive to beach, and about 10-15 mins to city.Cuttersfield, Ooralea would be a good place to start, though you will be staring down a $600k…[Read more]

I live in Mackay, have 3 properties here, plus also currently building our new PPOR.I have a look at the property guides/windows, and ring an agent probably once a month if I see something that catches my eye, but at the moment, many properties are still seeking inflated prices.  Capital growth over the next 5 years looks promising at the moment…[Read more]

We are currently building our new house.  Slab finished this morning, so payment #2 will come out Monday.  Exciting times.  Still 6 months to go before expected completion, so we have some time to pick and choose colours, tiles, kitchen etc, but my wife is getting in early looking for cheaper deals for fitments etc with the end of financial ye…[Read more]

I own and manage a protective coatings business.  Our bread and butter work is abrasive blasting and painting, but we also work in a couple of niche areas like industrial tiling, polyurethane spraying (Rhino Linings Industrial Dealer), scaffolding, epoxy flooring, and other protective coatings, plus we do small amounts of fitting and…[Read more]

Working for yourself is extremely rewarding.  My wife and I are your age, though we have run our own buisness for the past 4 years.  I started completly from scratch and had to work from the ground up.  I wouldnt say we are on cloud 9, but probably at cruising altitude.  I would suggest though having something to fall back on, or gradually wor…[Read more]

If I read this right?You are going to try and renovate a property that you have bought for 30% under unimproved value of the land determined by council?  And spend $70k+ on renovations, plus 1 week labour from yourself (50hrs x $50/hr = $2500), plus 10-20% contingency = $100k?You would be better off levering off the equity already from the land…[Read more]

These 'developers' always have thier ways to sucker people into thier web.  The way they are able to offer the last property in a stage has some very clever science behind it;Scenario:  You get the opportunity to purchase the last property in the stage.  What is so good about this property?  They tell you it is a bargain, as the next stage on off…[Read more]

I know the exact company you are talking about.  I went to thier 'seminar' in my hometown.  Shifty mob.  They invited me for a private consultation with thier 'finance guru' and showed me around all thier properties.  I went only for a bit of fun and some time out from my business.  I say they are shifty as when they were punching in my numb…[Read more]

I am in Mackay.  Where did you buy?