PropertyInvesting.com | sam.b | Activity

sam.b replied to the topic Wages vs sub contractor vs company in the forum Finance

Fri, 18 Jul 2014 19:50:38 +0000

Thanks for your knowledge guys. I think ill just stay on wages for the time being until I get my builders licence and then revisit my options then as I will be wanting to fase away from my boss into doing my own jobs. Thanks

sam.b started the topic Wages vs sub contractor vs company in the forum Finance

Sun, 13 Jul 2014 10:15:30 +0000

Hey all
A little bit off property here but just after advice on the following.
Im a carpenter full time on wages and my boss has being asking if I wanted to change to subcontract or set up a company and subcontract to him. My morgage broker told me to stay on wages as it will be easier to get finance for future investments so just after any…[Read more]

sam.b replied to the topic Mentoring / coaching advice in the forum Help Needed!

Sat, 18 Jan 2014 03:22:43 +0000

Thanks catalyst that's what we are doing right now with our POR halfway through the renovation then hopefully have enough equity to buy another. How has this strategy worked for you? Do you stick to medium size blocks so you don't have to compete with developers?

sam.b replied to the topic Mentoring / coaching advice in the forum Help Needed!

Fri, 17 Jan 2014 03:46:46 +0000

Thanks for that I shall check them out! I'm thinking positive cash flow or renovate and sell as I have a negatively geared investment at the moment and don't want to get bogged down
thanks Sam