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  1. M

    Another self-employed finance question

    Hi all, I tried searching the forum and haven't found what I was looking for so please forgive me if it's been asked before. I have a company that has been operating for a few years. For previous years it hasn't been earning much. Lately things are looking positive and I am likely to get a...
  2. M

    contact to check load-bearing walls in apartments

    Hi all, I’m looking to purchase an old apartment to renovate. The ones I’m interested in (and can afford) are all 1970s brick (inside and out) walk-up apartments. The renovation I need to do will all involve demolition of some parts of the existing brick internal walls. I have done searches...
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    Why wouldn't my bank release the title for subdivision

    Hi all, This is my first development (3 townhouses) and it's due for completion early next year. Bought it with 80% LVR with one of the major banks (the one who wants to "break up" with the others...) I demolished the building after I got the development permit. I also decided to start...
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    [URGENT]land tax adjustment at settlement

    Hi All, My close friend purchased a property in February this year and in the contract the only clause relating to land tax or adjustment says: "OUTGOINGS AND STATUTORY CHARGES: Information concerning any rates, taxes, charges or other similar outgoings (including any Body Corporate...
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    demolition before settlement

    Hi guys, I recently put an offer towards a development site. The existing house on site is not livable. The vendor has come back with a counter offer of 14k more. Honestly I'm willing to pay at that price. But I know there's no other interested buyer and vendor is eager to sell. So I thought...
  6. M

    negative gearing benefits cancelled?

    Good morning all, Has anyone heard anything about the govt thinking about cancelling the negative gearing benefits in property? met a friend's friend who mentioned this and scared the hell out of me thanks!! :confused:
  7. M

    3 townhouse development commercial loan

    Hi guys, I was just wondering is it likely for commercial loan private lenders to impose presale requirements? I plan to build 3 townhouses and have to go for commercial loan for various reasons. But I'm reluctant to do pre-sale as the current market is VERY bad... I'm in metro Melbourne...
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    Removal home companies don't like my 2 bedder

    Hi guys. I'm currently trying to sell my old 2 bedroom house in Melbourne's inner west to a removal home company to save on demolition cost. I was hoping to have the site vacant in October so builder can start construction possibly the end of this year. Now...the issue is it looks like most...
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