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Ok, this is more intriguing than I expected. Thanks for the brainpower on this guys. Let me ask the question a different way; Can any asset owned by an SMSF be sold to an unrelated party via any type of vendor finance arrangement? Can someone help me understand the term "charge" as mentioned...

Thanks Terry. This raises a follow-on query, if I may? Is there a compliant strategy whereby my SMSF and I (as an individual) can purchase a resi property using borrowed funds? ( and sell later, perhaps via installment contract) From my reading, I understand there may be compliant methods...

Hi Forumites, the Title says it all. Is there any reason why an SMSF cannot sell a resi property via an installment contract? Thanks for any opinions, pointers and links, EV

Suncorp insisted on manadatory high rebuild value Switched PPOR from Suncorp because they insisted on a mandatory building cover increase from $275k to $405k. Which is ridiculous because I built my house 3 years ago and I have the building contract. Even with improvements and inflation, we are...

Now not so convinced of DSR value I am not currently convinced of the value of the DSR score. Why do I say this? A few months ago I decided to take a random sampling of about 40 areas that were predicted to have high growth by the DSR score. I looked at the DSR score predicted across these...

2012 Update Posted back in June last year; 1 x Deception Bay QLD 1 x Bundaberg QLD 3 x Nowra NSW Added this year; 1xCessnock NSW (+granny flat under construction for 9.2% yield, yay!) Currently in acquisition mode on duplex or triplex build. Due diligence underway.

Thankyou Just a simple thankyou.

Someone told me once that it is the universes way of telling you that there is a better opportunity out there for you. The rejection pisses me off every time for about 5 minutes. Sometimes I tell the agent, "well, they paid $XXXX too much". The agent doesn't care, but it makes me feel better...

Makes sense. Sounds alot like the job I have now. Except the development has less moving parts/technical complexity, and more of my personal skin on the table. These meetings, is the phone (skype?) good enough? Or are we talking weekly/monthly onsite meetings? I am trying to understand if...

Who do you use as your trusted onsite advisor oc? I have considered this and come up with the following; - An old builder/developer friend/family - JV partner that knows building/development - Independent contracted building inspector - Independent contracted project manager Are there...

Intriguing. Are you able to broadly quantify what type of time commitment per week? How much of this time would I actually need to be onsite? And if I do, what times of day? Would you do your first one at significant distance or keep it close to home/work?

Not sure about the OP, but I sure have considered and researched it. My key barriers are; 1) Knowledge level isn't high enough yet. [Mostly requires time, time, time, networking, time, time, more time, research, time, mentors etc. I could solve this by creating time, which I am working hard to...

I use a strategy almost identical to Rixter, except without the specific townhouse targeting. If the cash-flow numbers stack up on a house or unit, I grab one of them as much as a townhouse or villa. I also tend to focus on large regional areas with diverse economies. Buy price is usually...

I wouldnt be selling for a few years if I could avoid it. I don't see any real growth for North Lakes with so much supply on the market. And most of that being new stock at prices that are not very attractive to home owners or investors.

Well spotted article headhunter. This is the type of growth I was referring to. All these people need to live somewhere. The good: jobs obviously. Local industry and retail. Helps establish moreton as a strong economy in it's own right. Rather than just being an outer Brisbane area. More...

I live near there in Deception Bay where my PPOR is. Lower socio-economic area than North Lakes, but so are the prices. And the yields are higher. I chose to buy out this way because I see potential for fantastic long-term growth. I also hold IP's in NSW and QLD. Mango Hill/North Lakes has...

Wow, these guys really are a pack of sharks. Really very disappointed they got you and the other franchisees. It's just plain wrong. Those shop fitout costs were/are phenomenal. They must very carefully craft their contracts to allow this type of gouging. What is even more amazing is...

I keep looking at Gladstone and wondering. But my "spidey-sense" just keeps twinging saying, "it's all overhyped" and "that's alot of eggs in one basket". I can probably just afford one decent newish property up there. Got my eyes on a couple of lesser loved locations right now. Both on...

I am both flattered and amused by your attention. Keep it coming mate. I keep checking in now just to get a giggle on what you post next. This has officially become a sport. Do you have a newsletter or blog I can subscribe to?

Just checked, they are all sold. Seems you can construct anything in Gladstone and it sells in a heartbeat. Making a profit is a whole different discussion.