queenslander

Subject to zoning, the age of the property and GFA it won’t be the Council you will have the problem with as it will conform under the Town Plan.

Problem will come with the Paddington residents committee who other than their counterparts in west End are the most vocal in Brisbane. We have just finished 13 units / townhouses in…[Read more]

Bruce

Having had our own ATO ruling on this very question I can speak with a degree of authority.

Firstly in Brisbane the age of the property does not decide whether you can Strata Title the property only whether you are required to comply with the new Building Standards Code. If the Building was constructed prior to the Building Act of Feb 1974…[Read more]

Abbee

We are considering hosting a SE Qld get together dependant on the numbers. Will email you details if you are interested.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Phobia

80% at 7.35% reducing over 2 years available.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Mel

No as I took the money off Bill i was offering odds on there not being another increase.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Shaun

Think your post was 6 minutes late.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Mel

Thanks for letting the RBA cat out fo the bag I had intended to clean up.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

To subdivide a block of land there are many steps:

1) Is the zoning & size of the land suitable to do so. A search of the Town Plan will tell you.
2) The property will need to be surveyed and the plan of subdivision submitted to the Local Authority for consideration. Needless to say “yes” they is an application fee.
3) If approved the Development…[Read more]

Buying a good priced IP is like anything else in business it takes time and research.

We have over 20 homes in Rockhampton and thanks to the contacts of 1 decent real estate agent are still able to find homes that meet our criteria.

Remember Rome wasn’t built in a day.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing…[Read more]

Guys

Watch this space Wednesday morning as i have a wager with BillfromOz that we will not get a 50 basis point increase.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Fullout

You might like to refer to a previous post on the subject of Put & Call Options when I outlined how we utilise them and the benefits of such stretegy.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Interesting that you mention Mt Morgan

Funny that a large organisation which will remain nameless settled on 19 houses in Mt Morgan during October. Don’t think they thought it was going backwards

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

We have 22 properties in Rockhampton and would recommend Stephen West at Statewide Brokers.

He has found many properties for us all at the lower end of the market and then the wrappees to go with it.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

We purchased a property in Surat in Qld in June of this year for $32,000 and had it revalued by NAB last week for $46,000.

Looking to wrap it now for $66,000.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Prop

In a word “Yes”

Conversely the same would happen if you had sold the property and received $20,000 deposit. On the day of settlement the purchaser was unable to perform and you terminated and took action for Specific Performance.

Your deposit would be taxed as income and if you were registered for GST and the transaction had GCT payable on…[Read more]

Murmur

Another one which appears to have been missed is Building Write Off.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Simon

Don’t worry about not landscaping the property with property values have done what they have over the last few years i am sure that you will have equity in the property.

Question comes about how to structure the loan. Loc is usually best served as it gives you the flexibility to act fast in the future as well as keeping your home loan…[Read more]

Well guys

Hate to break it to you that England will overcome 1991 and win the Cup.

As a Pom i have had to endure a decade of poor performances in most sports but at last the tide is starting to turn.

Remember what god created on the 8th Day – Johnny Wilkinson and weep.

Here’s to Sunday’s forum fun.

Cheers…[Read more]

Claudine

Guess i am a little biased towards the Sunshine State.

We are still in most areas experiencing Capital Growth like never before and with the influx of Southern population vacancy rates are also low.

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Crashy

Presumably the $35K doesnt include GST on the margin sale?

Cheers Richard
richard@fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found