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    Solar Off-Grid Pool Pump - Does anybody know about these?

    The problem with solar at the moment is it does not stack up to well as a return on investment (i.e. installing purely for financial return). We know electricity costs are still increasing way above CPI, but will the solar technology become cheaper in the future. A combination of these two could...
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    Cost to build double story in sydney

    Maza, It will depend a lot on what area and Council in Sydney you are building in, and also on the block itself whether it is falt or not. - Some Councils will require that you build a stormwater detention system so add at least $10k as a rough guide. - Some Councils have more onerous...
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    Will The Block make a profit?

    I just performed a very quick search and did not find this covered in a thread elsewhere but apologies if it already is. The Block is an entertaining TV show but i thought it would be interesting to run the numbers and see whether it actually makes any money as a renovation value add. Here are...
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    Sydney Capital Growth prospects by Sub Region

    Sorry, i should have added to the previous post.. My suggestion here is that the areas with faster rising incomes may (or may not?) see more spending (relative to the price of homes) on improvements etc. This woudl affect the median price change. Regards
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    Sydney Capital Growth prospects by Sub Region

    A point to consider is that stat used is 'media house price' and that some portion of the change is due to renovations, improvements or redevelopment. For example the Sydney average 17 year change was 233% which equates to 7.3% p.a. However one cannot ignore that renovations, improvements and...
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    Builder Sydney North Shore Sloping Sites

    Can anyone recommend a good home builder who will build on sloping site and who does work in Ku-ring-gai Council area (Sydney North Shore)? Sloping sites (where they require more than a single step in a floor slab) tend to rule out a number of the project home type builders with generic floor...
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    Can you claim back the strata levy on a IP?

    According to the rental properties guide on the ATO website: http://www.ato.gov.au/content/downloads/IND00191817n17290609.pdf In my words (not theirs) general purpose sinking fund fees can be claimed. The distinction is that these funds are used for the long term maintenance and repair of...
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    Insurance Commission to Strata Manager?

    Does anyone know whether it is standard practice for a commission to be paid to the strata manager for building insurance on a property they manage? The strata manager has used a broker to organise insurance renew on behalf of the owners corporation. The insurance prices from the broker...
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    Novated Lease for a car

    I am a little late coming in on this thread but i have been looking at the novated lease product over the last week so i thought i would add my 2c worth. It may help others who are looking at the product. This is not tax advise so please talk to your accountant. I will do 25,000km plus per...
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    restrict the building cost through architecture design

    ryan mel, Have you factored in the infrastructure charge for creating an additional home site? Not sure what it is called in Vic but in NSW it is the Section 94 contribution. For example where i live on the North Shore in Sydney it is around $35k and you will pay the fee once for the one...
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    IRR Question

    I totally agree. Purely comparing rates of return does not take into account the many other aspects to consider when comparing alternate investments.
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    IRR Question

    Each to their own. I to find IRR to be a very useful analysis tool. For those interested read on. Lots of people will buy IP's for the capital growth, knowing that it will cost them each year they own the property but maybe working on a simple rule of thumb such as the property value will...
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    What to do? What to do?

    I bet there are a few other people on margin that are hurting. I could not believe over the last few years that every piece of financial advise in a newspaper column, magazine etc was to invest in shares and/or managed funds and utilise a margin. It seemed to be peddled as a conservative...
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    Mona Vale Townhouse Development - Update

    Well done on getting DA. Just play close attention to the DA conditions. This is where Council will try to cover all bases. You will need to satisfy all applicable conditions prior to obtaining a CC, and some prior to obtaining an OC. In my experience PCA's generally do not use lots of...
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    Borrow to renovate PPOR which will then be converted to IP

    Maybe i wasn't quite clear. I have the choice of carrying out some renovations with cash or borrowed funds. Assuming the PPOR will become an IP soon i may as well use borrowed funds (which i assume will become tax deductable once the property is an IP). That way i can inject the cash into my...
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    Borrow to renovate PPOR which will then be converted to IP

    Lets assume i borrow to carry out some renovations on my PPOR. If i then convert the PPOR into an IP, will the interest on the borrowings then become tax deductable? I am assuming they would be but then realised i am not quite sure. Regards Able
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    How much are 'average' living expenses?

    Sorry i'm not going to answer the question. I'm going to suggest that you need to do a budget in order to answer the question for YOU. It really will not take you too long, OK maybe some time if you have never done it before. But once done you can play with the figures (ie. if you finance a...
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    Window screens

    While on the topic of flyscreens, if it comes to installing be careful if the property is near the bush (ie. in a 'bushfire' zone). Fibreglass screens do not meet the current codes and neither do aluminium any more. The screen will need to be stainless steel or some type of coated steel mesh...
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    Common Property Defect Results Untenantable Unit

    I am interested in peoples views on a frustrating situation i have with one of my properties. Feel free to PM me also. Here are is a 'bare bones' summary. - 5 year old unit is untenantable due to common property defects. - Defects were apparent 4 months ago, tenant vacated due to defect...
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    debt reduction strategies..

    I think for some people there is a serious misconception regarding paying interest weekly versus monthly. In order to show a proper comparison we should only be interested in money which is sitting in a bank account and set aside for a loan payment. The sooner the loan payment is made, the...
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