Recent content by quebec

Hi guys, Got a call from the draughtsman and he advised that the town planner has stopped meeting with anyone building less than 5 townhouses / apartments. I called the town planner and he verified this. His comment was that if the drawings complied with the town planning codes then we...

Hi guys, Wife and I went to a local draughtsman today (recommended by various people we spoke to). We discussed what we wanted and didn't want. He showed us some drawings of places they have designed around the area and last but not least what costs we'll incur to get a planning permit. I...

Hi guys, Appreciate the feedback. I attended the HIA Home show and put my ideas to a show expert who happened to be a builder. We discussed draftsman v archtitect, finance and building styles amongst other things. A lot of food for thought. Anyway, went to my local council and spoke to...

Hi guys, Looking for some advice. Looking at knocking down my rental property and replacing it with 2 x townhouses. This will be my first development (hopefully not the last). What I need assistance with is the steps involved on how to get started. I've spoken to family and friends...

Hi josco, The new PPOR we are looking at is circa $850k. The school of thought is that if we sell one IP and get our debt down to $40k then we can use rent from existing IP and ex-PPOR along with salary to meet loan repayments. In short if we want to buy in the area I'll need to sell one...

Hi Rob, Thanks for welcoming me into the community. Appreciate the feedback. I apologies for the loose sums. You are correct in assuming that we want to buy another property to be our PPOR. All the sums I have included have taken into consideration CGT and RE costs. At the...

Hi guys, Another newbie hopelessly lost and needing advised ( :confused: ) Need some advise as to what we are about to do makes sense. My wife and I own our PPOR outright and own 2 x IP near by. Currently we owe our lender $400k for the 2 IP's We have been keen to buy another...