very cute!!!! Did I count correctly? 10 puppies!!!

I also believe there is GST on a vacent block of land that you may have to take into consideration.T

Hi Talisman,Please message me if you are still looking as I dont seem to be able to message you. I am in NSW and have a DB. I am away until Sat though.CheersTammy

It would also depend upon where you are building and the terrain (slope, soil type). As a comparison, I am building in regional NSW (duplexes) and I am paying around $1250 per m2 plus any extras (extra driveway, kitchen upgrade etc. All the bestTammy

Is there any particular reason why you dont complete the subdivision first? Sorry for such an obvious question!T

Hi Michelle,I agree with Jon, Steve is a great one to learn from. Also, you may be interested in Troy and Bec, proteges (if you will) of Steve's. They have monthly meetings and would be able to put you into contact with other like minded people (troynbec.com.au). Also there is Wendy Moore (also of Steve's group) at Affluencia.com.au They are aimed…[Read more]

Kleenmaid have a 5 year warrenty. I have just had mine 3.5 years and have recieved an offer to extend the warrenty for a further 5 years. I will include these documents when selling and would ask for them when buying. May not be still available, but you never know if you dont ask.CheersTammy

Did you have a finance clause?Tammy

Hi Longroad,As a starting point, have a look at the API magazine. They alternate their statistics section between sales results and rental yields. It will give you a start on the prospects of each area. Also, if you call the larger REA's and ask about their numbers on the rent roll and their vacency periods you will have some more info. Just for…[Read more]

Whilst you may be able to continue to borrow under different trusts – dont get carried away and forget about how to service them. Yes I know, it should be obvious, t'ant always so!!!T

FHOG – first home owners grant, generally $7K but different states may kick in a bit more (check up on latest rules), also on offer is the stamp duty exemption up to a certain $ amount, again check the current rules.PPOR – principle place of residence, this is where you actually live, ie hang your toothbrush, not just where you intended on living.…[Read more]

Well done on having the courage to bring to our attention this previous hidden addiction. All the best for future meetingsTammy

Hi Jase,Congratulations on having the finish line in sight!!! I am sure Steve's weekend will see you explode forward now.All the best with the sale.CheersTammy (from Tamworth)

Hi Cheryl,I am in NSW and purchasing a property in QLD. My local conveyencer is not able to handle the Qld purchase as they are only able to be registered in one state at a time. I ended up using a local law firm who has a Qld agent. Not that it all ran smoothly. When you find a property, try putting up a post asking for a referal for a certain…[Read more]

Hi Thai,This is prefaced with "see your accountant" and I am not one. However, my understanding is that tax deductions can only be offset against an income producing asset. This would mean that as your block of land is not producing an income, you are unable to claim a deduction. I believe that the deductions are accrued againt the cost base of…[Read more]

Hi Sam,I understand why some vendors are not happy to insert finance clauses and I guess the FIRB approval clause also increases the degree of uncertainty. Having purchased using finance clauses, I also consider inserting finance clauses on a sale if necessary to get over the line. For me, the amount of time alllowed for such a clause is the co…[Read more]

Consider the "real rent" that you will get for this house. Use this to work out your total "extra" rent and be sure that he would have added this to his asking price.$290K rent @ 7.5% = $21750 pa roughly $40K over 2 years.You indicate that his price is 35-40K inflated. This accounts for why. It would seem that you would be better off considering a…[Read more]

King B,There are alot of places to find your information as you have been advised. When you feel you have used this to target your area and find a potential purchase, you may then want to consider the more indepth reports that, yes you will have to pay for, like RP Data, Red Square or the like. I understand your reluctance to pay pay pay, but…[Read more]

Try the latest property mag out. I think it is called Property Investor and the 2nd one has only just come out. It gives all rental info, well the last one did anyway, suburb by suburb for all of Aust.CheersTAmmy

Hi Kenzel,The one I was refering to is Dec 06 (issue 70), also you may want to look at Feb 05 (issue 48). Whilst I have not yet bought this months API, I see on the website a reference to buyers in their 20's. May also be worth a read.CheersTAmmy