Recent content by john the build

Hi Jaggannath, 100% right my accountant advised me not to sell any of mine just yet as the market here is about to head north , I am however putting one of mine on the market now it is a 2 story and it's under performing but I will still make ok money out of the sale and free up some cash (all...

Hi MTR, I can only speak for Townsville and you are rite duel occupancy is becoming the way to get into the market I am soon to start the first of many duel dwellings , this is how we are doing it here , the Townsville city council has past new by laws that allows almost every block of land to...

Thanks Scott, David These homes were only $216,000.00 to build so they were between 5% and 9% capitol growth straight up , I don't know what they paid for the land.

Guys, all very veiled points that should be considered and explored like cards said everyone's situation is different and we all need to speak to someone like Corey Batt before we put our hard earn t money anywhere or for that matter sell any investment. Some of the Investors I built for had the...

Hi Dave, Townsville is just a large country town and we are a family business and rely on word of mouth and repeat business and I have found that a small bite of the apple is better than no bite at all .

Hi Cards, I am still learning about rental properties and in some cases I think you are right I think that while these investors are still in the work force they keep flipping them for tax reasons but I think that eventually when they retire they go for ownership so they don't have a mortgage...

Hi Wasp, from what I have learnt from some of the investors I have built for is that after 7 years the warranty period is over and the home needs a freshen up but some times they need to hang onto it for a couple more years to maximize the capital growth hence 7 to 10 years ( please keep in...

Hi everyone, this is my first time using Somersoft there is some interesting stuff talked about and you can always learn something new its great. The astute investors have a 7 to 10 year plan and then they flip them and replace them with new ones again I believe that this is the best way they...