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As discussed in the Coffee Lounge Meeting being held tonight for former Navra clients, details below: Penrith Panthers, Tuesday 16 September, from 6.30-8pm Call to register, even if you can't attend 13 11 99 or [email protected] If you have any questions in the meantime, please...

Hi everyone, first I apologies if this has been discussed previously and a disclosure I have never held Navra Funds, Navra Shares nor have I engaged Navra for any advise. I recently caught up with some friends who said they lost allot of money following Navra advice to buy Navra Funds and...

I've got another question for you legal experts. If one of my unit trusts is the sole share holder of a company with a total of 1 share, the company owns a property and is classed as a property rich company being it's only asset. If I decide to issue 1000 shares to another entity...

I have asked a couple of accountants and lawyers this question without a definitive answer and I'm trying not to add another professional to my pay roll. Dose anyone here know if there is a stamp duty trigger when changing the Corporate Trustee of a Unit Trust that owns property? The property...

I'm posting this under Coffee Lounge because I don't think it meets Caveat Emptor rules, although I think it's a great investment. I'm moving back to Brisbane for project management reason, I'm sick of driving from Tweed to Bris several times a week for meetings. So I have put my home up...

Top article in the Brisbane Courier Mail today page 22. I figure if I'm going to court I might as well tell the media. Mark

In these tough financial times when the markets are down and with reduced sales it's nice to see the councils not letting up on their usual good nature. I received a fine for the advertising signs I have at the entrance to my development, signs are roughly 1.5m x 1.5m 4 of and have been there...

For those budding developers out there who want to know what the DA process can throw up. I've just started legal action to get a Deemed Refusal from council for an application I have submitted. The council for reasons known only to them have failed to approve or refuse my application leaving...

I am hoping to have a proposed development in Brisbane approved shortly (although shortly should have been last year). As there is so much in the media these days from our beloved leaders about affordability I thought I would list my townhouses like this. 2bed 2 bath Sustainable designs...

Hi All, The titles have just be drawn on a development I have on the Gold Coast for Stage 2. Stage 2 has my display house in it and I am now offering it for sale. Details. Fully furnished (about $70K worth of furniture) 3 storey 4 bed 2.5 bath Study Sustainability is a major...

I was considering having some of my houses valued and thought I might have a look on RP Data to find comparable's in the area. While checking out a house I renovated only last year I found the agent had taken new photo's and updated RP Data when she let the house out to rent. The old...

Goodmorning Everyone, I’ve been LOE since October 2004, until recently all my financing has been on residential properties and thus has been for property between $200K – $1.5mil. I have finance / refinanced around 30 – 35 times over the last 4 years. At least 60% of this was done through a...

I have been advised by my property manager that a tenant I have has broken his leg in the backyard of my IP over the Easter long weekend. The house is of cause well maintained and I have never neglected a repair item. The tenant has advised that I will be hearing from his lawyer in regards...

As promised attached is a spread sheet I put together a few years ago to demonstrate holding costs on negatively geared property. I’ve updated it to 2007 tax rates. Because I have used a macro to work out the tax to run this file you will need to set your macro security to Low. To do this...

Hypothetically you’re in the market to buy another IP, you find that according to your search criteria there are 3 – 4 different developments that interest you. All are 3 bed 2 bath 2 garage townhouse developments priced roughly around the same except one that has been build water wise...

Over the last year I've been searching the Redland Bay area for suitable property to develop and as to date it's been hard going trying to get them to stack up. Last week I revisited the area after a 2 month gap, from my observations things are really moving along. Vacant land prices have...

There are a number of builders out there that will do all the leg work for you. From organising the surveyor, lodging DA, chasing up council to building and landscaping the site. All on a fixed price contract. Dose anybody else have experience with this sort of construction management? Is...

Looking for the holes. If I was to put an option on a block of land and then proceed to get approvals to build a house on the land. Could I sell the option to another buyer, then lock the buyer into exercising the option and using me as the builder on the approved building construction...

I’m renovating a property in Brisbane, the lower level has been built in many years ago using corrugated asbestos sheeting. The asbestos is in good condition but isn’t very pleasing to the eye, I was planning on sheeting over with Blue Board and then applying a render paint to the Blue Board...

I'm renovating a house in Brisbane and am in the process of installing a kitchen. As the original kitchen was quite old it didn't have an isolation switch for the oven/cooker. My electrician wants to install this switch on the wall in the middle of my splash back. I'm arguing why this...