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  1. BelezaPura

    For the MB out there - Triplex finance @ 90% for expat

    Hi All, Hoping some of you can give me some pointers. I'm an expat, working for an Aussie company and currently allocated in Asia. Am exploring the possibility of building a triplex in QLD. I have the land and WBC is ok to lend for a duplex, but not for a triplex. My broker says WBC...
  2. BelezaPura

    Gone fishing portfolio in Australia...

    I am trying to invest my super money (no pun intended) using the strategy described in the book from Alexander Green "The Gone Fishin' Portfolio". In his book, he explains the strategy and lists the exact managed funds to invest in to have the portfolio in place. The gone fishing portfolio...
  3. BelezaPura

    How Much To Review a Build Contract

    A Solicitor in QLD has quoted $800 to review a build contract assuming "it is straightforward and no extensive negotiations and special conditions etc, required" Is this a reasonable quote in your experience? Does anyone have a Solicitor to recommend in QLD so I can get a few more quotes...
  4. BelezaPura

    Finance for Duplex after builder has gone broke

    I have bought a block of land through a buyers agent with the intention to build a duplex. Got in a contract with a builder (through same agent). Got a loan with Westpac for both land and build. Loan settled about 1 year ago. Builder never started the build and unfortunately lost his license...
  5. BelezaPura

    Builder Lost Its License - how to get out of my contract

    Hi All, Got myself into a bit of a situation and am seeking some advice. Got into a contract with a builder to build a duplex in Toowoomba. Trouble is, the builder seems to have just lost its license. I need consult a solicitor who can help me get out of this contract - hopefully recover...
  6. BelezaPura

    self-managed super investors losing 75%

    This article in today's SMH is interesting... In a market like this, how can people lose 75% of their money investing in property? :confused: The article talks about buying off the plan, but even then, I would think that losing 75% of the investment is a bit too much...
  7. BelezaPura

    Tax return and accountants - advice needed

    Hi All, I'm after some advice from the community. The accountant I have used for many years has not been very responsive lately and it has been pretty hard to get him to reply to my emails. Mind you, the replies have always been done by the secretary anyway, so I'm not sure he was even...
  8. BelezaPura

    Should I setup a SMSF?

    Hi All I am considering setting up a SMSF to invest in property. However, before doing so, I would like to get your opinion about a few points. First my situation: Wife and I have around 115,000 in super (combined) and are both 41 years old, which means an investment horizon of over 20...
  9. BelezaPura

    Financing Granny Flat - chicken and egg

    I've got what I consider a chicken and egg dilemma. I would like to build a granny flat on the block I have in Western Sydney, however I'm struggling to understand what I can do to finance the project. I have an LVR of about 90% on the property. That however includes a line of credit of...
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