[TopnotchMember@topnotchJoin Date: 2002Post Count: 15]

February 15, 2003 - 2:20 pm

[] If you want a good financial planner you should have a look at Steve Navra. I went to one of his seminars in Brisbane last weekend, maximum of 40 participants, absolutely magnificent, under $300 to boot. If you get the opportunity to go I would sugest that you don’t miss it for anything. Find more at http://www.navra.com.au

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

[TopnotchMember@topnotchJoin Date: 2002Post Count: 15]

February 5, 2003 - 9:48 pm

I was taught from day 1 that a discretionary trust under a company was always the wasy to go so that you achieved the maximum protection.

Don’t forget also about the land tax situation. If you’re getting up towards the land tax figure, start up discretionary trust #2, #3, #4 etc so there is no liability there.

Why pay more if not essential?

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

[TopnotchMember@topnotchJoin Date: 2002Post Count: 15]

January 28, 2003 - 1:19 pm

Hi Cots,

Everything that I’ve heard tells me to use a structure of a company with a discretionary trust which is primarily designed to protect you in case of any legal problems and also to have the best taxation advantages.

I now use International Professional Services at Australia Fair, Southport. They are well versed in the speciality situations we are involved with and a pretty switched on crew.

There may possibly be cheaper options but these guys walk the talk. MD is John Illingworth.

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

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January 21, 2003 - 10:20 pm

Don’t forget that the new purchaser is going to pay the cost of creating the contract in his startup costs – if you spread the $495 over several deals it’s not a large sum to outlay

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

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January 18, 2003 - 6:22 am

Hi Alex

I design & build sheds, garages & carports on the Sunshine Coast. The Council fees are probably correct, the certifier is really the best way to go, he would only do a final inspection anyway,so his costs are minimal, the majority of fees are swallowed up by council.

If this is going on the back of your house, why worry about council approval – just do it.

They can’t make you pull it down as long as it doesn’t break any of the boundary rules etc, the worst thing is that you may have to lodge a building application later if it creates a problem when you go to sell the house.

Heaps of additions like this are just erected without council approval, you just have to feel comfortable with it yourself.

I even know of a ‘phanton’ erector who pops up steel buildings without approvals at no cost, we
don’t get involved ourselves, just sell an expensive “kit” which comes in at a remarkably close price to an erected job!

Why get engineers to do working drawings? Surely a handyman carpenter could build it blindfolded. We only work in steel so I haven’t got anything suitable but plenty of these structures are found everywhere. Go to Bunnings – they’ll probably have a book showing how it’s done.

You may evenm find some drawings on the web.

Cheers,

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

[TopnotchMember@topnotchJoin Date: 2002Post Count: 15]

January 13, 2003 - 10:39 pm

Whereabouts are you – which state are you in?

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

[TopnotchMember@topnotchJoin Date: 2002Post Count: 15]

January 13, 2003 - 10:35 pm

I often think this is in the eye of the beholder.

I live in a first floor unit with beautiful river views that the lower floor units don’t have. In my mind I’m certain that the value of my unit is at least $20k better because of the outlook but the lower unit owners feel that their units are of greater value because of the easier access. (One flight of stairs)

If there is an elevator in the complex and with all the units sharing the operating costs, you might feel a bit hard done by if you had to pay some of this cost if you were on the ground floor but not getting any benefit.

One rule that I did learn is never to buy in a complex with a lift – it can be an expensive exercise, especially if some of the units are hoilday renters when the tenants don’t care about how things are treated.

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

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January 6, 2003 - 10:39 pm

I always thought that the councils simply thought of a number, trebled it and sent you a bill !!

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

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January 5, 2003 - 12:04 am

Haven’t you ever heard of “REAL ESTATE AGENTS HONOUR” [][]

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

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January 5, 2003 - 12:00 am

Hi AD,

Just had a look at the website, so many options but how much of the information is practical in Australia?

This guy must have a massive staff just writing his promotional blurbs, I got tired trying to read it all

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

[TopnotchMember@topnotchJoin Date: 2002Post Count: 15]

December 31, 2002 - 2:17 am

Hi AD, Steve, and all the other Forum scribes.

I’d also like to take this opportunity to wish each and every one of you all the best for a really prosperous 2003 and thank you for the information that I’ve picked up in such a short time. Only a month ago I hadn’t even heard of this Forum, now it’s become a twice daily part of my lifestyle. I’ve learned heaps on the way through the older topics and feel certain that I’ll have plenty of questions in the future.

My goal isn’t quite as high as Steve’s, I’m only aiming for $1m this coming year but I don’t intend to just stop there.

Cheers,

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

[TopnotchMember@topnotchJoin Date: 2002Post Count: 15]

December 27, 2002 - 10:54 pm

I don’t mind some of the US sites, have been on a few and quite enjoyed the different views. It may be quite headspinning but it only takes one new idea to make it all worthwhile.

I also enjoy reading other peoples success or problem stories, then you find they really aren’t all that much different from here and you can learn so much from them.

Topnotch
On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

[TopnotchMember@topnotchJoin Date: 2002Post Count: 15]

December 24, 2002 - 10:40 pm

Welcome to one of the best growth areas in Queensland. If you’re not going to be around for a while, I would suggest that you buy the new home so that you won’t have any maintenance problems to worry about while you’re travelling.

When you get back you should find that it has increased in value considerably.

On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

[TopnotchMember@topnotchJoin Date: 2002Post Count: 15]

December 23, 2002 - 1:39 pm

Sounds like a perfect wrap to me – the new owner should be most happy to do a couple of minor repairs

On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm

[TopnotchMember@topnotchJoin Date: 2002Post Count: 15]

December 17, 2002 - 1:54 pm

quote:

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Hey All…….
Wanted to gauge interest for a meeting in Brisbane for property investors. It would be a night time and would be only about property. Whether you reno, wrap or rent it would be good to chat. Anyone interested please send me an Email on [email protected]. It would be a good chance to talk about deals being done and meet others in the game.

I shall keep you all informed of the progress.

Enjoy
AD

A great deal of talent is lost to the world for want of a little courage. Every day sends to their graves obscure men whose timidity prevented them from making a first effort.
-Sydney Smith

Edited by – [email protected] on 21/11/2002 01:40:26 AM

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On The Sunshine Coast Of Queensland Where Our Bones Are Always Warm