Recent content by Ramos023

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    Currently living off passive income

    True! Totally overlooked that :( I may be making a trip to Adelaide in the year, a former ALDI colleague bought there, as he is transitioning to work when the SA stores and warehouses are up and running 2016 I think
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    Currently living off passive income

    Also.... I don't have a mentor of sorts .....apart from the forum! Anyone in the Shellharbour / Wollongong area willing to sit down over a coffee or lunch and provide me with realistic expectations going forward / share - swap stories / ideas etc PM me Thanks Ramos
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    Currently living off passive income

    Thanks for your post! How would I find that out? I would honestly work for free to learn actually... a lot of people are always against this, but it would be valuable to me for experience and I have a high work ethic. ( but I see the other side of this too - employers want experience from day...
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    Currently living off passive income

    .......... now before you see the thread and think how many 0's or IPs. This is more of a realisation post. So I quit my job @ Aldi last week, was over 10-14hr days of the same thing literally every day. Even as a manager, due to short staff you serve customers, pack shelves and clean spills...
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    Dual occupancy

    Not for free but im giving her the amount she asked for knowing well she was devaluing the front property as such. She needed a certain amount and said that was a condition of me building - yes its lower than market value but she doesn't have the capacity to build and is more interested in the...
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    Dual occupancy

    this is where I am confused... why would I purchase it when I built it! and paid for everything
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    Dual occupancy

    thanks rockstar that's basically how I am going to do it - worst case scenario I build it and have a brand new villa that I can live in :) the only thing I was checking was that I build it on my sisters land ( in her name ) that the only cost is then the strata SD fees ( I understand about...
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    Dual occupancy

    Ok thank you! Im not sure if its different here so ill have to look into it furthermore. Apparently my understanding was that it isn't big enough to subdivide ( council ) but can be used for dual occupancy (approved) . I guess this is where my confusion comes from! Subbing makes sense - I...
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    Dual occupancy

    "If you can do it this way your sister can sell you the vacant strata lot and you can go ahead and build the new home with your funds" say I go this way - ill be in a dilemma as I am buying the land at a discount ie say its worth 200k and im buying a strata S/D lot it would be 100k theyd...
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    Dual occupancy

    "Strata title after completion and purchase 1 unit from her " how does this work? Ill be the one building the villa so I don't want to pay twice.... or am I missing something
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    Dual occupancy

    they approved the plans? and passed it for a second dwelling..... sorry this type of property is new to me!
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    Dual occupancy

    Hi guys just a quick question! Been receiving mixed answers from family and friends so I thought id ask here! Sister has a 850m2 block and has been council approved for dual occupancy! Apparently the land is not big enough to sub divide ( it needs to be 900m2 ) so I was planning on building...
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    New Villa

    Turning out to be more complicated than I had originally thought.... I just saw an opportunity and reacted. Will seek legal advice ASAP Side note - the land has to be purchased at market value or thereabouts? As currently I am getting it a lot cheaper, perhaps illegally cheaper ha ha
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    New Villa

    Hi im thinking about building a villa on the back of my sisters 900 sqm block! Going to pay her for the land etc, but an agreed upon cash amount. My plan is to put it in my name once construction is complete. This is the first time Ive done such a thing, but while im building etc its still...
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    On to the next

    Yes ski you are correct. It started as a hobby and has grown substantially. Most minor works have been completed by myself or father, he is good at painting etc and im not too shabby! Yeah I think im gonna have to research those possibilities, as in still a newb and don't know how they would...
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