Thanks guys,

Great info i am taking everything on board have purchased a block of land with old house 1012sqm.

Would like to keep house but unsure how to go about iT as it needs about $15,000-$20,000 to repair and it may cost the same to move it onto an other block.
It has some water views and is less than 2 kilometers from a town of about…[Read more]

Hi,
The original question(The first part) was how much would it take to remove asbestos?(3 bed house)
Has anyone had experience with this issue?.
Dom[biggrin]

Silver Angle,

Their are 3 very old houses on the block 2 queenslanders and one small shop converted into a livable dwelling i can not see land contamination an issue but i will check it quickly to make sure.
Do you know where i can find this info please.
Dom[biggrin]

HERE,HERE CALRON.
Dom[biggrin]

Update.

Good day DOm,

I received your mail and am glad to hear from you again> i got your email address from http://www.owner.com.au, when i was in a search to buy a good house in Australia.And i choosed to transact with you because my mind directed me to you, as the first trial, and if it works fine. if it doesnt,……………

I want you to…[Read more]

KP,

Only pain is you have to fund the borrowings during approval and construction process, without rental income coming in.

Unless their are already 3 old houses on block and you can remove one as you build while other two are ernted.
Dom[biggrin]

Yep .
Me
Dom[biggrin]

Sometimes it would be good to have no kids but only for a short time.

Kids keep me young “AND I LIKE THAT” and besides who would i leave my fortune to ,people on yhis forum mayby nah.

Thanks for the answers Mobile Mortgage,Terryw much appreciated, i can come up with 10% of $360.000 after reshuffling a bit.
So should be no trouble to move…[Read more]

Thanks for the imput everyone.
I am quiet active in investing at the moment because i am cashed up and looking at lots of oportunities and this is a great forum to ask those question.
Dom[biggrin]

Josephfok,

Thanks for the great advice i am looking at two parcels of land one has a house on it and the other does not.Waiting for councils answer on what i can build.This would not be for re-sale for a few years it would be more for + cash flow from rent as i will put in large dposit.And i believe it will be a great investment when times are…[Read more]

No car debts
7000 credit limit but $0 owing
2 children
no other loans
suncorp
commonwealth
mcquirie

Rent is $2200

Hi,
I have sold two ip’s and will pay my house of before october have 3 properties left.

Total equity about$400,000. Now planning to do something different and build and develop.

Getting closer to retirement hopefully around 40.

Dom[biggrin]

Thanks for the input Kay.
On the particular investment i am looking at their are 20 units and ten have sold and it has not been on the market long it is about 10 min walk to beach and it is a small beach town.

At $260,000 for two bed unit i feel it is not a bad investment.This area is north of brisbane so Acey dont know much about…[Read more]

Yack,
Why then do they sell so quickly ,especially the ones with prime locations eg Sea views, size position.
Dom[biggrin]

I am not greedy i will start with the house and the car.
And it is not like this at all, most people will have different answers or goals.
This thread started with a question so what exactly is your answer?
Dom[biggrin]

why do you want financial freedom ?

Working for some one else sux.
Do this do that. F U i say to my employer.
Why,because if my boss,facilitator,team leader or what ever the hell they want to call themselves knew more about my job then i do working for someone else would be bearable.

The new thing that seems to be a trend is to employ graduates…[Read more]

Hi,

I am currently here in NZ (Shiver) and have briefly looked at realestate windows and their are some good prices, i am in Invercargill.

Travelling to Queenstown in a couple of days for some snow boarding and will look at more property on my travells.

Great place MiniMogul,beautifull country.
Back on computer in a couple of days.
Dom[biggrin]

Look into trusts.
Dom[biggrin]

Unless you prefer negative gearing for tax savings this would not be my choice of investing.

My strategy is to have cashflow arriving in my hands monthly (passive income) from the IPs. And spending less time at work thats including my partner.
Its sounds like your situation is rob peter to pay paul. And i can not see any benifit in this for…[Read more]

Just a little bit more detail on the area, population 28000.

Their are a few around the 8% return and their could be some that can bring higher returns.

The rent on that particular deal is what the agent has informed me.

Its i Australia and a well known place.
Feel like i am playing 20 questions.
Dom
[biggrin]