Recent content by Rockstar

  1. Rockstar

    End of an Era

    Much appreciation to Jan, Ian and the mod team led by Sim. Only 7 yrs on here for me but my time on SS has been one of the inspiring forces behind my property success. At the time of joining I was holding 1 ppor, a duplex and a block of dirt. I just calculated that my net worth has more than...
  2. Rockstar

    No more owner builder duplexes allowed in NSW

    Yes, correct.
  3. Rockstar

    No more owner builder duplexes allowed in NSW

    No I wasn't but it seemed you were generalising. No offense intended. I know of builders who spread themselves too thinly over many jobs and the quality control can drop since tradies are left on their own without sufficient supervision and briefing. Mistakes can snowball as time goes by. An...
  4. Rockstar

    No more owner builder duplexes allowed in NSW

    I know there are owner builders out there who do better quality work than some licenced builders. We have been owner builders so I don't accept your sweeping statement. Plenty of experienced tradies I know who haven't got a builders licence but have built quality homes as owner builders.
  5. Rockstar

    Build granny flat or by new property

    WOuld the GF have a negative influence on the existing houses rent or is there plenty of space to achieve adequate privacy? It seems strange that with a 20k reno you would only get 450 per wk for the house and yet 400 for the GF? Is the house only 2 bed?
  6. Rockstar

    No more owner builder duplexes allowed in NSW

    Not sure if this has been brought to anyones attention yet on SS. I heard through a friend that NSW DFT decided early this year to prohibit owner builders from carrying out dual occupancy (duplex) projects unless exceptional circumstances warranted an exemption. I spoke to a DFT representative...
  7. Rockstar

    Development newbie questions

    This must include Sec 94 contributions? The OP allowed for infrastructure charges of 81k so this would be comparable. en_, why don't you begin with something smaller to minimise the risk. Say an existing house with room for a dual occ or granny flat. This may stack up better for a buy, build...
  8. Rockstar

    East coast road trip

    This is close to where I live. I was actually inspecting a property for sale recently that adjoins the park. :) Yuragir N P near Coffs is also great.
  9. Rockstar

    Vendor won't settle on land sale!

    All settled yesterday after all the uncertainty even up until the 11th hour. On now to DA lodgement of the 3 unit project which we plan to have built by Xmas. Thanks for the comments. :)
  10. Rockstar

    Vendor won't settle on land sale!

    Settlement date has been booked again for next Tuesday but my lawyer told me not to get my hopes up yet. We'll see what happens. At least there is some attempt being made from the other solicitor to finalise the sale.
  11. Rockstar

    Vendor won't settle on land sale!

    The agent did tell me he has other property investments so this could be true Terry.
  12. Rockstar

    Build granny flat or duplex?

    Nasty .............
  13. Rockstar

    Vendor won't settle on land sale!

    I spoke with the agent today and it seems that the vendors lawyer is embarrassed because he won't return messages. Vendor's lawyer wants to settle but it seems the issue is between vendor and his bank and the apparent breakdown in communication. Not sure if notice is given whether it will help...
  14. Rockstar

    Vendor won't settle on land sale!

    What was your vendor's hold up oc1? Most vendors want their money sooner rather than later.
  15. Rockstar

    Build granny flat or duplex?

    I don't understand why you can build a dual occupancy but can't strata subdivide it and sell off individually. Am I missing something here?? This seems very strange. I have been doing this for years in my shire. I understand that you may not be able to do a full subdivision but why can't you...
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