Recent content by RAR

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    Nras

    For consideration before you go with NRAS: However in accordance with your website: http://www.environment.gov.au/housing/nras/investors.html "Rigorous selection criteria are applied by the Australian Government to the location, design and amenity of NRAS dwellings, all of which must...
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    NRAS Properties Over Priced

    I don’t think that it’s quite that simple Euro75 The Australian Government makes statements to potential investors and entices them to participate by offering financial rewards to be part of the NRAS. It also promises quality , design and location to ensure that they are quality investments...
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    National Rental Affordability Scheme

    My experience with NRAS is that the government promises and I quote the Australian Government Department of Housing “rigorous selection criteria are applied by the Australian Government “to the location, design”. It was key factors of “quality” that was represented and stated to me in print...
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    A nation of whingers

    Then I guess I am a winger.
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    A nation of whingers

    EVAND: Really? So as an investor if you buy into the Government's NRAS and build an investment duplex property and..... if: If you don't get what you paid for? If you have 5 sets of plans and no variations? If your NRAS investment property needs to be assesed by an independent material...
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    NRAS Properties Over Priced

    If you build with the NRAS model? Is it overpriced if you don't get what you paid for? Is it overpriced if you get 5 sets of plans and not a single variation? Is it overpriced if your property does not meet the building standards? Is it a good investiment?
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    NRAS Properties Over Priced

    Over Priced? What if you don't get what you paid for? What if you have 5 sets of plans and not a single variation? What if your investment property does not meet the required building standards? Is it still a good investment?
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    NRAS competent accountant(s)

    Hey Tallowood, Try Suncorp..... Cheers
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    Nras #2

    Hey Newbyinvestor, I thought the price was a little high as well but that the gov incentive would more than compensate.... what I got caught with was the NRAS approved builder... they substituted inferior products then that stated on my contract and I lost between 30-50k in my vew. If you...
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    NRAS - is it worth it?

    Hey Woo, Try talking to Tracey: Good Luck
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    NRAS - is it worth it?

    Rolf..... Your correct in that they don't actually get involved in the construction.... clearly their are good and bad builders and you don't expect that an approved builder would take 30-50K from your contract without your knowledge as is my experience. This is a government inituative...
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    NRAS - is it worth it?

    You are correct about the over-inflated price. I am trying to sell mine ... and agents are simply walking away and laughing at me. They advise it may well take ten years to get your money back. If you also take into account that I had my NRAS investment property built..... and 30-50K of...
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    NRAS - is it worth it?

    I have sought and paid for legal advice and have sought advice from QCAT. The advice so far has cost 9k and interest for two months of 8k. with no reasonable outcome in my view with the lawyers. The QCAT advice is 50K+ and...... you had better get the best lawyers or the builder will...
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    WA - construction techniques will have to change.

    NRAS - as you lead or follow.... for what it is worth.... this is my experience with the NRAS. 1 The builder did not build in accordance with the contracted plans. 2 The builder did not build in accordance with the approved plans (held by council). 3 The builder built in...
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    Nras #2

    Hey Guys' Its not the finance thats a problem..... Its the fact that once you pay the premium.... You still don't get what you paid for if you buy of the plan. To buy already built means that you don't have to pay intrest on the land while the builder stuffs arround for the next...
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