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    Construction finance

    In traditional loans i.e loans based on construction costs you can get upto 80% Yes. There is something called gross realisation loan or equivalent which gives you a loan on the gross sales value of the project subject to certain conditions and I believe presales is one of the conditions...
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    Gladstone QLD - How is it Going????

    Thanks Rooster. I would love to get your educated and well researched view on investing in Gladstone. Given that i have bought a H&L and am also trying to build a house there,I think I might be slightly more educated about whats better between the two options.
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    Gladstone QLD - How is it Going????

    do your own research with this and you might be able to pick a good one. I bought a H&L in the earlier stage of an estate. picked a house which was due for completion in 1 month and came with a 2 year rental. The same builder is now selling similar houses atleast 40-60K more expensive now...
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    Gladstone QLD - How is it Going????

    Clinton,New Auckland, Kirkwood are good central locations with lots of facilities coming up (child care, schools, woolies etc). Some of the agents have said that newer estates around glen eden are also popular as rentals due to them being closer to the town. Also a home and land package is...
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    Buying off Plan question

    second that. and in the current market i would be looking to push the developer as much as i can
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    Time to build Granny flats???

    yup a new nanny every 6 weeks or so. watch out child care centres
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    Time to build Granny flats???

    http://www.couriermail.com.au/news/national/aussies-asked-to-take-in-asylum-seekers-and-be-paid-for-it/story-e6freooo-1226345262761 would be interesting to know how many would be comfortable housing an asylum seeking
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    Gladstone Property Crash

    Dont know about other ones but the contract between APLNG and Sinopec are highly demand oriented. APLNG is contracted to supply X amount of gas every year but only as long as Sinopec needs the Gas. In theory Sinopec can any day stop purchasing it from APLNG which is a risk which APLNG was ready...
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    Here is my property listing!

    Not sure if its a good idea to start an ad with the word "Flooded" especially in Queensland. I missed everything after that word for a couple of seconds and had to reread the first Line after i got my composure back. If i had come across it while searching RE, I would have skipped it after...
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    Construction costs for a development in Gladstone

    construction costs hi Em I just got a costing back for a turnkey build of a 5 bed 3 bath 314 sq mts house up in Gladstone. The builders contract (including architects fee) came to approx $1700 per sq mt. It is a medium to high level finish. We managed to change a few things and have got it...
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    how do we do this

    Hi all Not sure where this should go so am posting under other here's our situation 1] PPOR - value 620K (April 2011) - loan 562K - offset account -40K cash 2] IP 1 - Value at purchase (october 2011) 525K - Loan 505K - rent 705 p.w. 3] IP2 - Land value 220K - Loan 203K - House build...
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    Gladstone QLD - How is it Going????

    Some Light on gladstone Just purchased 2 properties in gladstone 1] vantage estate (under construction house- completion date mid september) cost - mid to low 500K rent - 705 pw leased from 1st October 2] land in emmadale around 200k ( getting quotes on builds from builders anywhere...
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    Savings strategies

    did it before and still doing it I think the excel stuff worked great for me. Instead of having a savings goal what i did was calculated 3 scenarios based on max spending, average spending and absolute minimum spending. this breaks down to costs for every single detail and each actual expense...
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    REA telling me porkies

    The art of buying Well now how do we know if an agent is telling the truth or Lying. Most of the time we`d find it by doing our own research. In my case i just checked the how much the house sold for 2 yrs back and decided that a 9% increase from last sale was a good figure to pay for it...
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    REA telling me porkies

    maybe not.... but atleast he does care to go above and beyond his call of duty to take the extra effort. Also you sometimes know when a person is genuinely trying to help you as opposed to someone who`s just licking his lips at the thought of signing up an amateur first home buyer with the act...
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    REA telling me porkies

    i agree when i was buying my first home i found this scum of an agent who just wouldnt help us out with our questions and all he wanted us to do was put pen on paper with our offer. Needless to say even though we liked the house, we pulled out of it cause i wouldnt wanna pay an extra 5K for...
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    Naughtiest Loan Application

    Lmao what a dumb valuer hmm im still doing a bit of naughtyness...phone transfer amount X from offset to cheque account on a saturday. net transfer amount back in offset. for some weird reason the deposit gets back dated to saturday and withdrawal show up on Monday. save 2 days interest on...
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    Credit Card to Offset Account

    Pokerstars or any online poker site maybe play a 1$ tournament as i am not sure if u can withdraw without playing deposit money using credit card and get it debited in bank account. only risk would be the fluctuation between AUD and USD. Thse site does not charge any brokerage so at a...
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    Is this a valid way to boast income?

    sounds interesting. Is it possible to cap each of it upto a certain amount? a standard amount for all except phone calls and furniture would be about 200-300 $ a month for 3 people. So would be great if you could charge an extra 100$ a week for all of this. so ur kinda making 100$ more a...
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