Recent content by BUNDY

Property Meister, If I were you, I'd be getting all of the facts re the business and doing my due diligence with my accountant and lawyer first. You should then be able to form your opinion on what the business is worth based on your dd. Depending on the line of work for the franchise...

I'd find out who the engineer was as well. Check the original certified engineers drawings. People are insane to build the same internal and external levels in a house and rely on flashing/waterproofing to keep water/rain out. Too many problems can occur. (incorrectly installed flashing...

Not sure about NSW, but you need an owner builder permit in Qld. I would definitely get public liability insurance of at least $20m. If you can also insure yourselves, it would be worth it. You can never tell when an accident might happen. best of luck Bundy

I'm just trying to work out which horse to put it all on for the Melbourne Cup;) Should be pretty similar to the share market at the moment.........BUT MORE FUN:p Bundy

I don't know where you get "dead in the water" from? I agree, certain price brackets have slowed considerably, but the sub $500k is on fire on the coast at the moment (both houses and units) Perhaps you cold come for a visit up to sunny Qld and see for yourself. Join us with our heads...

It seems as though your agent has no idea of what they are doing? Lost keys, no idea about RTA legislation re entry, notices, inspections etc. What are you paying them for again?........:cool: Oh I almost forgot, to check that the rent has gone into their account and for them to forward it...

There are risks involved in submitting an offer prior to auction, or waiting for auction day. If you wait until the auction day - the vendor may in fact sign a contract prior to auction and you will miss out altogether. If you put in an offer, it may or may not be accepted and you give...

Sorry James Allen, I have re read your post carefully and didn't pick up anything about you mentioning different classifications for trades. That's fantastic that you understand the BSA licencing system, but many on the forum don't. I wasn't having a go at you, merely placing a link for...

James Allen, You are quite right the figure is 11k, they changed it from 6k a couple of years ago. The list of licence classes is very extensive and ranges from builders through to Trade contractors such as carpentry, bricklaying, gas fitting, plastering, painting,waterproofing etc...

Dave, Will the slab for your Garage be higher than the footing of the fence? If it is, could you not just place your footing alongside the fence footing and then run you slab over the top of both footings? 5cm is nothing. Speak with your engineer re the footings. Alternatively, are...

Ozperp, Couldn't you offer your second IP up to the lender as second mortgage security on the deal as well? If it's got $500k equity, it may not be a problem. Alternatively, perhaps you should look at other lenders and see what they can offer. (Refinance the investment property and buy...

I'd suggest organising a pre lodgement meeting with one of you council town planners. Have you plans etc drawn up and sit down with them and discuss what you'd like to do and ask them their thoughts and or suggestions. Then you will have the info you need to submit your application to...

Rambada, Just wondering if you are licensed with the BSA to be able to do building/rennovating over $6k? I know the BSA and WPH&S inspectors are quite diligent on the Gold Coast at the moment in checking credentials. (Probably has to do with the number of "unqualified" tradespeople doing...

Stella, I use Steve Bryan of S & C Electrical. He is extremely reliable and turns up when he says. Used him for our new developments, rennos and minor work here and there. Mobile 0408 691 585. Cheers BUNDY

TheAnalyst, As i said, you are best off going with your gut feeling and it's good that you did. Perhaps they were upset because you initially took a deposit off them? This indicates to most people that you have an agreement and they have the place.then you rejected their application. A...