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All subject matter experts, I have put together a spreadsheet to do some analysis as I consider selling my house in a month or so. I have put together some numbers and want to get your opinion on things i havent considered. Also i have never sold a property before, so want to get your...

All, I would like to get your opinions on this. I am currently in the process of knocking down my PPOR. Me and my wife are planning to rent whilst the construction and may be rent for a bit longer. Lets say the PPOR is completed in Dec 11 and we rent it out.i.e convert PPOR into IP...

All, I am currently unsure as to what is the best outcome for me at this stage. Current Situation: PPOR:Loan $$415K Value: $540K (Land component $499K) Loan Type: Principal & Interest Description: It's a run-down house on a 600sq m land I am currently confused about 7...

Hi Just wondering how does construction loan works. I am planning to knock down my PPOR and borrow $250K. Current value $530K. Loan $350K How long do i have to wait. My others IP;s are at LVR 80%. Thanks in advance. Cheers

Hi I have a massive tree in my backyard which is causing a lot of headache and grief. Crazy $$$ on cleaning the backyard, $$ in cleaning gutters and Birds sit on it and poo on my cloths line... Nightmare situation Back in Nov 2009, i applied for a permit to knock this down and council...

All Looks like this month is all about weird things happening with Tenants, REA, Solicitors etc. Today I got a letter from South East Water from my Rental property stating: " We have identified that your tenant is vacting your property So i decided to call up the tenant asking if he...

I finalised a property with the settlement date on 28/05 in chelsea. The contract said vacant possession. There are still tenants in there who are paying a rent of $300 per week for a 4 bedroom 2 bathroom( dont know when was it last reviewed) I offered tenants to continue if they want to...

Hi, I wanted some opinions in relation to my loans. Currently i had 1 PPOR with NAB 1 IP with ANZ and i bought my 2nd IP in Chelsea Melbourne. really excited.... So i went back to ANZ and they advised if i bring over PPOR, my LVR would be 79.69% Phew!!! Avoid LMI and also 0.90...

Hi, Wanting to get thoughts about this development. Selling really fast. 2 bdr from $495K 3 BDR from $550K Architecturally designed off the plan 2 storey townhouses... just 2 kms from the beach north facing living areas... thoughts on having this as an IP. talking about rental...

Currently i am planning to knock down my PPOR. I want to take a step back and understand if there is a way i can get some money from the tax office WHat i was thinking if i move out and start renting and rent out my PPOR which i plan to knock down ( Converting PPOR into IP) for 6 months and...

Can someone please review the townhouse calculator and advise me of the CGT and GST component to enable me perform early analysis for profitability of a development before engaging an accountant to validate the numbers. can some experiences smart investors and builders provide input to the...

Hi Folks Soon to start building two units with the intention of selling.To my horror, I was told that we not only have to pay CGT upon the sale of the properties, but also GST which is due on the first sale of a property. We are almopst ready to go to Council for a permit and Town...

am proposing to construct 2 double story side by side townhouses in Mentone, Melbourne and will soon be on the lookout for a good builder that won't cost the earth and has a good reputation I have chosen to go medium to medium/high quality and have decided that it must have 3 bedrooms +...

Hi, Since there has been so many different blogs Questions, I thought it'll be good to start off a fresh Forum only related to DUal Occupancy Sub-Divisions I'm thinking of including: a) Townplanning Permit related enquiries b) Building Permit related enquiry c) Feasability...

Hi, I am proposing to construct 2 double story side by side townhouses On my PPOR. How does the Capital Gain tax work in that case. WHat should be my strategy in terms of avoiding tax. I have also read people paying GST. Is that applicable to me? e.g Current PPOR = $ 450K 2...

Hi, Thank you everyone for your feedback. I am trying to make a basic calculator for townhouse development. Can all the experts check if everything is covered. Regards Manish

Hi I have done my initial feasibility analysis on my project to sub-divide. Please advise if i've covered everything. I have few questions on the spreadsheet itself. I would really appreciate your opinions from youre past experience and ur wealth of knowledge Thanks Manish

Hi I am looking for a good draftsperson for a development around Mentone in Victoria. Or is it worth hiring a builder directly who can do the drawings and apply for planning permits. if you have any contacts from your past experiences, can you PM me with some details I am looking...

Hi, I wanted to ask a question around getting a loan for sub-division e.g I have $360000 loan with CBA ( when I originally purchased the house). The current value is $450000 I want to demolish the house and make 2 townhouses? I would assume i would need another $500000 which willt ake...

I have a question around selling 2 townhouses build after demolishing a owner-occupied house (PPOR)? DO I pay CGT on that? Is it worth holding onto them for cetrain timeframe to avoid that? Is it renting one and making one as PPOR? Is their a strategy where we can move in 1, sell the...