Recent content by macca22

  1. M

    Self employed Builder/Developer

    Yes Boeman that is my intension to structure it like this and also have my missus as a shareholder in the company to spread out profits when needed. It is good to know that it has been done before as i am keen on building but not keen on dealing with clients ( i had 7 years of that while self...
  2. M

    Self employed Builder/Developer

    Hello Boeman thanks for your reply. Yes i am fully licensed and intend to start a company where i can write out a fixed price contract to myself as the developer. My building company will then make a profit of 20-30% of the contract price aswell as the profit i can make from being the...
  3. M

    Self employed Builder/Developer

    Hello guys thanks for your feedback. I am aware that i will need to go low doc to borrow funds for owner building but will the loan to buy the block need to be low doc or can i use my payg income as proof? My plan is to secure all of the finance and approvals while still payg using equity...
  4. M

    Self employed Builder/Developer

    Hello i just want to get some feedback and look at options for my current situation. I work for a builder in adelaide on 55k pa and i have just sold an ip that i have held for 10 years. With the proceeds after tax and also revaluing my ppor i will have around 180-190k equity to play with. I...
  5. M

    Looking for an architect/draftsman in adelaide

    hello guys, i am starting the building process on a block of land we have in seaford meadows and i am planning to owner build this as our ppor and i was looking for a draftsman that anyone can recommend for down in the southern area. thanks in advance, Dan
  6. M

    Landscaper/Paver Needed in Adelaide Urgently!

    Hi Kim , I cant speak for other divisions in regards to prices as i have no idea but every jims man is an independant franchise owner and as such can all quote whatever we want to it is upto the person, it is not as if we work for them like other home improvement companies who charge an arm and...
  7. M

    Landscaper/Paver Needed in Adelaide Urgently!

    Hello Kim I am a paver/landscaper (jims paving actually) in the southern suburbs. how urgent do you need the job done? what suburb is it in?at the moment im booked till mid january at the earliest and i think a lot of other companies are booked about the same. if you rang the jims number 131546...
  8. M

    Don't have to lift a finger

    Hey Dazza I have been reading the forum for a few years now and have soaked up most every detail and strategy there is on resi property investing. I have a ppor and 2 ip's in Adelaide and i can say that the only posts i am interested in nowdays are the posts on commercial properties etc as i...
  9. M

    Making a claim on landlords insurance

    I have recently had a tenant break lease and move interstate and stop paying rent in one of my properties, the managers signed up a new tenant but there was about 4 weeks delay between the new tenants moving in and the old ones moving out, just due to the new tenants timeframe. The property...
  10. M

    Lease Options

    hello xenia i live in morphett vale and have 2 ip's and have looked at the idea of lease options etc to increase cashflow but i have read that this practice is illegal in SA ? is this true and also how many people actually excercise there option to buy if you dont mind me asking?
  11. M

    Ideas for retaining wall

    Beech a rough guide would be $33 a sleeper - 10 sections at 5 sleepers each section = $1650 for sleepers Steel RSJ,s u need 11 lengths at 2m long (double the height of wall) at about $60 a length = $660 for the steel Labour costs can vary hugely depending on the person but a conservative...
  12. M

    Ideas for retaining wall

    Seech i am a Paver/Landscaper in SA and definately the cheaper option would be for concrete sleepers, i am not sure on the manufacturers etc over there but generally they come in 2m wide sections by 200mm high. As a rough guide the height of the wall u need to build u will need at least that...
  13. M

    Adelaide based solicitor

    Greetings all i was looking for a good property saavy solicitor in adelaide preferably the southern suburbs, as i have 2 Ip's and a PPOR and i want to set up a mortgage agreement with my dad so that if anything changes with my relationship with the GF my assets are secured. If anyone can...
  14. M

    Intervest Global Limited

    It sounds a bit ridiculous that they are charging 20k for the program that might be why! heh
  15. M

    Intervest Global Limited

    Hi guys, i recently attended the adelaide business,franchise and property expo and received an envelope with the usual work from home jargon on the cover. When i got home i was going thru all the info i got and reading thru this envelope it seems that this company has developed a program...
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