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    Anyone Used 'Direct Property Solutions'?

    Hi All, http://directpropertysolutions.com.au/ Just wondering if anyone has used them or heard any feedback about their services? Seem focussed on value add strategies. Thanks in advance, MF35
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    Co-ordinating Work When Don't Meet Owner Builder Criteria?

    Hi All, I have just started reading up on the requirements of getting an Owner Builders Certificate thinking I would need it if I was to manage components of a renovation worth over $5000 (over $12 000 requires completion of a course first). Of interest was the following things that need...
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    Builders & Tradies Sydney Eastern Suburbs

    Hi All, After looking into using Building / Renovation Businesses and either finding really high costs and / or substandard services (not all of course) I am going to look into doing my Owner Builders Qualifications to allow me to co-ordinate my own reno work. Not full scale building work...
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    Home Projectz Gone Broke!?

    Hi All, Home Projectz run by Kade Hancock seems to have gone under. We signed up with them recently for design work with a view to building work being completed. Quotes were very good, perhaps to good with the benefit of hindsight. Over the last month we've had increasing difficulties...
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    Are Expenses During Settlement Period Deductible?

    Hi All, If I was to Exchange Contracts now for the purchase of a property that was going to Settle after the end of the current financial year, and I pre paid expenses for the next financial year (when I would own the property) during the current financial year prior to settlement, would...
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    Best Lender & Borrowing to 95%?

    Hi All, We are looking to borrow up around $1 mil, variable, with a 100% offset account. Our Credit History & Serviceability are very good ($1.4 - 1.5mil based on serviceability alone). Most lenders don't seem interested in lending to 95% any more with some exceptions for existing...
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    Building Inspections

    Any recommendations for businesses that do Building and Pest Inspections in Sydney's eastern suburbs? (Maroubra to Randwick area). Thanks, MF35
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    Recommend a Builder / Tradies for Reno Work?

    Hi All, Just wondering if anyone would recommend any particular Builder or Tradies who work in the Eastern Suburbs of Sydney (Randwick Council Area). I know 'tradies' covers a lot but I'm interested in tradies to use for a range of work on a reno. I'd use a builder for any structural /...
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    Ground Floor Extension & Removing Internal Walls

    Hi All, Trying to work out ball park costs for a brick ground floor extension (living space) of 30-40 square m's. And also what it costs to remove and/or build an internal wall. Say about 3ms of wall? I know it gets more complicated / expensive if it's load bearing, but a rough idea would...
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    Pre Purchase Inspections & Reno Cost Estimates

    Hi All, We are looking at purchasing a house (looking a few different options) in the Eastern Suburbs of Sydney (Maroubra to Randwick and surrounds) with a view to adding value. Some properties of course are for sale by Auction rather than Negotiation. As a result we obviously don't have the...
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    Can we still get 95% LVR or better Loans?

    Hi All, I have noted all the talk about lenders winding back the LVRs they are prepared to lend to. But when you look at the Loan Comparison websites alot of the lenders, non bank lenders in particular, are still listed with high LVRs available. Perhaps they just haven't updated these...
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    Best Way to Structure a Purchase for Subdivision?

    Hi All, We've been considering buying a property with relatives (property yet to be searched for / located) that can be subdivided and are trying to work out the best way to structure such a purchase. Both properties would be being purchased as medium to long term IPs and they have to end up on...
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    Zoning & Subdivision

    Hi All, I've been looking into buying a house in the Eastern Suburbs of Sydney and converting it into, or building, Semis. I checked out the basic council / zoning info for the Randwick LGA and established the majority of the area is Zone 2A (Residential). Zone 2B allows subdivision to...
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    What repairs are a landlords responsibility?

    Hi All, I've looked up the Fair Trading website and relevant legislation that pretty much just seems to indicate generally that the landlord has to keep the property maintained to a reasonable standard depending on it's age / condition and the amount of rent being paid. My question though is...
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    Estimating Building / Renovation Costs

    Hi All, I'm wondering where people get reliable cost estimates upon which to determine estimated building / reno costs? I'm trying to work out what a realistic estimate would be to; (a) Do a knock down & rebuild of a semi (two attached houses), (b) Renovate, extend, build up etc to turn a...
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    GST Applicable to the "Enterprise" of Renovating & Selling 2nd Hand IPs?

    Hi All, I'm trying to work out what an "Enterprise" for the purpose of GST actually is and if it affects people buying, renovating and selling second hand IPs? I found this definition for an "Enterprise" in "Goods and Services Tax Determination GSTD 2006/6" on the ATO website; "An...
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    Stages of Development / Building & Finance

    Hi All, Just trying to do a basic feasibility on a small duplex building project possibility. In terms of calculating the costs (in particular the interest payable throughout the project) I need to know at what "stages" of a building project like this money is payable to the builder and as a...
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    Impact of GST on the sale of IPs? How to legally minimise GST paid?

    Hi All, Before I pose any questions consider that our IP strategy is to accumulate as many CG focussed IPs as we can comfortably afford to hold for the medium to long term. "Comfortably" to us means aiming for an overall investment portfolio that is close to cash flow neutral (minimal or no...
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    Options for IP / Financial Planning Software?

    Hi All, I've got PIA which is great for IP related assessments for a particular proposed IP and allows future projections, portfolio analysis etc. Now while I use it, I don't claim to be an absolute expert with it. It probably has functions I don't know how to use. For example I had...
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    Living/Working Overseas (In Singapore?) while investing in Australia.

    Hi All, I may have an opportunity to work overseas (most likely Singapore). I'm married with one young child, planning to have another in the next few years, and have already started investing in Resi Property in Australia. We plan to continue to invest in Australian Property. I've heard...
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