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  1. Blair007

    End of an Era

    Thanks to everyone involved with the site. The somers, sim, mods and all the posters. Im not as active on here as most people but have gained so much knowledge from here. See you all on propertychat!
  2. Blair007

    Perth houses are currently as affordable as they were in 2003 and 1996

    Not sure why but i take everybodys opinion on this forum alot more seriously than other forums. Statements on somersoft seem to be reliable. That poster may have been lucky and got a few good deals but i dont think its an accurate summary of the market. Like Mtr and a few others have said...
  3. Blair007

    cap gains tax. can associated deve costs reduce tax.

    Hi paul. Even if i am not developing the property and either selling the site as is or selling with permits i would still be subject to income tax and gst?
  4. Blair007

    cap gains tax. can associated deve costs reduce tax.

    Hi all I have a site in melbourne which i have been trying to get permits for 4 townhouses. It looks like it is going to be a bit of a mission to get this so i am reconsidering my options Option 1 - sell site as is. With option 1 rough figures are it cost me 450 purchase price 22...
  5. Blair007

    What is the best prize you have won

    Back when i was living in New Zealand, i was about 18. a local car salesman offered a 10,000 prize for the person/group that could come up with the most number plate numbers that had his surround 'paul kelly motor company' on them. I did it with my brother and we were driving around in my bosses...
  6. Blair007

    advice on my situation please

    Hey tb yip thats also an option, im waiting to here back from a couple of agents but i suspect that will get me a sale price of 540-550k which would mean break even approx.
  7. Blair007

    advice on my situation please

    4 townhouses is the moat profotable option. I could get 3 townhouses without going to vcat but the profit im making is in builuilding that extra 4th townhouse
  8. Blair007

    advice on my situation please

    Yes 1.2m coats are inclusive of everything including purchase price.
  9. Blair007

    advice on my situation please

    Hi all Need some advice on a situation i have.* I have a potential 4 townhouse site in the northern suburbs of melbourne. Im trying to get development approval but its proving to be a bit of a mission and looks like it will be going to vcat.* The site was brought for 446,000 in...
  10. Blair007

    Iron ore dropping

    http://www.smh.com.au/business/mining-and-resources/rio-tinto-chinese-steel-dismiss-andrew-forrests-cartel-proposal-as-unworkable-nonsense-20150326-1m8bgn.html
  11. Blair007

    IP portfolio that performs regardless of market movements!

    I think sash is meaning 15 years I/O. Variable or fixed rates would be a seperate matter
  12. Blair007

    Iron ore dropping

    Andrew forrest annouced today that he would like all iron ore mining companies to put a cap on production. He was calling out to the big ones - RIO, BHP, and the large iron ore company in brazil too. Hoping to get the iron ore price back up to the 70-90 mark. Im working up on the FMG sites and...
  13. Blair007

    Roy Morgan: Unemployment at record high 4Q14

    i wasn't comparing arts and commerce degrees, i was just saying they are both stock standard degrees. sure there are many people out there that will get there commerce degree, work hard and do well for themselves earning a good 6 figure salary. for the most part though i think these standard...
  14. Blair007

    Roy Morgan: Unemployment at record high 4Q14

    the average commerce degree does not get you no where near 150-300k the average trade can get you more than an average commerce degree without any debt from study fees plus a small, but still decent kickstart from apprentice wages. i didn't go to university. i did an electrical trade...
  15. Blair007

    Tenant broke fixed term agreement. wants bond back; who's right?

    Just an update on this. ended up going to the magistrates court with this. i was pretty happy with were i stood legally. the registrar told the lodgers that they were not prepared and before the lodge a bond dispute they should seek legal advice. The next court date was ordered for this...
  16. Blair007

    Ceiling insulation

    Think ill go for r6.0. Someone was telling me about a insulation that comes in bags filled with shredded paper. Done know how effective it is but much easier to install and alot cleaner
  17. Blair007

    Ceiling insulation

    Hey Was planning on re doing the ceiling insulation in our house, its 20years old and not very effective now. was just going to go down to bunnings and get some basic insulation batts. anyone got any tips on this before i go ahead, is insulation batts the best way to go or are there...
  18. Blair007

    South Lakes WA, First development

    Hey brady. Ive got a property manager looking after it, i may have managed it myself but im doing fifo so its a bit difficult if theres ever an urgent issue. The pm has not told them i own the property an d i think it will be easier to keep it that way, im sure one of the neighbours will...
  19. Blair007

    South Lakes WA, First development

    Hey guys just an update on the project. practical inspection went well, not too many issues and all resolved quickly. I got the handover early december and wanted to get the place rented before christmas break. originally when Perth was booming and rents were on the up i projected i...
  20. Blair007

    Roy Morgan: Unemployment at record high 4Q14

    These days i think people can get ahead much quicker by avoiding university and getting a trade and jumping straight into the work force. Instead of racking up a 20k debt and missing out on 4 years of the workforce you can get a trade, (earn money while getting a qualification) and still be on a...
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