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    Reno for profit financing... Help!

    Thanks Jon, That's great input. When you say some lenders only require only 1yr tax returns, are these more your non conforming/non bank lenders? Do you have any recommendations as far as who to approach here in SA or which institutions have these criteria? Guess we may have to wait until...
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    Reno for profit financing... Help!

    Thanks Rolf, Yes it's an avenue we've discussed but was hoping we could go through other means first if possible. Try to keep things simple and profits in house so to speak. That said, I guess if it gives us the opportunity to get into deals with a better profit margin then might be worth...
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    Reno for profit financing... Help!

    The incomes we have at the moment are from our projects as well as wife and Mother-in-law's part time incomes. Rolf, we treating the purchases as stock on hand on advice from our accountant so no cgt. Any creative input more than welcome. How do developers finance their projects? Would...
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    Reno for profit financing... Help!

    Hi Folks, My Father-in-law and I have chucked in our jobs and have been renoing for profit over the past 8 months full time. We're just about to complete our second project which should make a respectable return. Our first was fairly successful and it's a path we're enjoying and are intent on...
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    Carpenter Apprenticeship?

    Hi Folks, Know it may be a long shot, but wondering if any of you might know Carpenter in SA that's looking to take on an apprentice? Decided to follow the dream after doing some work experience recently. Have done a number of reno's so have some practical trade experience. Also have white...
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    Author/Book suggestions for 12 year old girl

    John Marsden "Tomorrow" Series is always very popular... R:)
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    Carpentry work experience?

    Hey Folks, Wondering if anyone has any chippie contacts in SA I could get in touch with about doing some work experience? For a while have been thinking strongly about chasing an Adult Apprenticeship so want to get a good taste before fully committing. Any help would be greatly...
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    From DINKY to SI2K

    Yup that pretty much sums it up for us too.... great post!! But you know what? Who cares... wouldn't trade a thing. My 2 little girls are my life... investing can take a back seat for a while. With life expectancy rising yearly we've got time on our side :D R:)
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    SA sold prices now at onthehouse.com.au

    Wow... awesome resource. Cheers for the heads up!!! R:)
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    Building a Granny Flat - Part 2 - Construction

    Excellent thread... When we were over in Canada a few years ago noticed most of the new housing going up used vinyl cladding. Very popular over there as an alternative to timber (cedar) as it's far cheaper, weathers well and doesn't need painting/maintenance. Great project. Looking...
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    Income strategies

    Hey Tarah... good thread. Are you talking about doing the work yourself or getting in tradies? Have always dreamed about reno-ing full time but in truth am a bit too chicken s**t to leave the cushy job. We did a small hammerhead subdivision a little while back where we chopped off the rear...
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    How I got from just a PPOR to multi millionaire retiree in 5 years using only OPM.

    Hi Keith. Still following this fantastic thread. Definitely one of the best on the forum... Seeing as you're a value investor and in the past have bought at the bottom of the market, how do you see the RE market at the moment (macro)? Was recently reading the 2010 Demographia...
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    Building for profit

    Hey Graeme... That's a pretty tidy little lurk. Do they split the block and build or do they buy courtyard allotments? R:)
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    Adelaide building/reno supplies?

    Cheap paint..... http://www.paintsupplies.com.au R:)
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    i think the floor is here.

    I'm on the 2 tiered bandwagon. From my observations, here in SA anything below approx $450k is going like hotcakes and anything much over is hanging around for months. I reckon once July 1st rolls around it won't matter if the FHO grant stays or goes as they all will have been flushed out...
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    Super cashflow pos in the USA?

    A mate showed me an interesting artice in the paper on the weekend about a bloke who's cashed in his super to buy property outright in Detroit. Anyone read it....? http://www.news.com.au/adelaidenow/story/0,,25184134-5015839,00.html The article in the paper was saying how he's bought 6...
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    Stepping stone # 5175 - this is it

    Congrats Dazz.... Now that you've got the time....when is the book coming? Know I'd snap up a copy...:D All the best R:)
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    Seacliff Park and rent increase in Adelaide

    For rental data go here... http://www.dfc.sa.gov.au/pub/tabid/252/itemid/1027/Rent-reports.aspx Should cover all your questions once you've done some calculating... R:)
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    What % will make you buy and how long would you lock for

    We're waiting...not so much for decreasing IRs but to see what the market holds in the next 6-12 months. No use buying now when you could get in cheaper if you have the patience.... If the market doesn't drop...so be it. IMO it's going to be a buyers market for quite some time yet so...
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    Read this book!

    "The China Study" by Colin T. Campbell Just been reading the thread on weight loss and felt the need to share... It's not a fad diet, in fact there are no real dietary recommendations (ie eating plans, nutritional info etc). It's just hard facts gathered from decades of research. Was...
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