Thanks TFS
the info about finance at 65 pct is interesting...thanks
I think the other points can be over come but yes the person needs some skills and the ability to organise.
Hi colin
Like a normal builder an owner builder in Victoria must get the house signed off by the Surveyor (get an occupancy permit). This can only be done when you have all the other trades certified (plumber and electrician and wet areas)
And yes this stuff then needs to be guaranteed for...
apparently some offer owner builder loans
http://forums.whirlpool.net.au/archive/2138269
@tj22 - I eascaped those dodgy trader issues by having a mate whose a tradie either provide referees - his other mates, or help me actually negotiate with a tradie that he didn't know.With places like...
Hi Guys. I am interested in hearing peoples thoughts with regards to the pros and cons, opportunities and risks with owner building ones own home. A friend of mine is thinking about it (and I have done it) but I dont seem to be able to convince him...
Off the top
Pros
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- Save...
For some of the old timers on the site just an update for you on how ive built wealth through property in the last 2 years.
I have been a bear on property for last 3 years. Sold 2 investment properties ad developed another with the funds (cash).
The one we developed we now live in. its a...
Hate to burst any bubbles here but having worked for a wall st type broking firm (one of the largest) i reckon 15-20 pct of managers and traders have substance abuse problems. My old managing director snorted coke and had 5 k per month ice habit. He also made 400k per year before bonus's but it...
Great story and because of you i checked out my fitness pal. I am hooked...I only need to lose 3kg but what a great website and so easy to track eating and exercise. Its amazing so thanks for the referral. I reckon i will keep using this site for years to come just to keep track.
Peter 14.7 - wow awesome post and i must say a kindred spirit. Im not sure where you are but we almost bought near the township of macedon a few years back.
Once our current renovation is finished (in northcote) we intend to do a house swap (or just rent out our house) and live in rural...
Well - these days......
Part of my part time business is I offer an expert witness service.
I am an expert witness in a 120 million dollar trade deal gone wrong.
So if someone hires me they must pay all reasonable expenses...
@Hi Equity
Yes bit how much is 'just a little bit...
@china
surely you can see though that big a little less extravagant is hardly 'unfathonable'.
All you need is a nice dose and anti counsumerism (ie convice yourself that spending on crap is kida evil and killing the planet) and you should be fine.
Be a leader not a follower
Tip -...
Loved all the replies
Alot of what is being described (and i subscribe too) is not early retirement but "lifestyle design". The guy from 4 hour working week coined the term i think.
Yes we went from earning 250-300k per year as a family down to anything between 60 and 100 k depending on...
@OKFFW
I for one enjoyed your post - you present a compelling arguement for homeschooling in a sea of negativity. Thanks for the refreshing insight. I agree that the nature of the 'real world' is debatable.
I am actually a contributer on some of these retire early websites
I semi-retired at 39 (2 years ago) and dropped my income from approx 250k per year to approx 80 k per year (combined) now.
We (myself, my wife and 2 kids) actually saved 20k last year (so spent only 60k)
Easy to do with...