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  1. M

    Tenant debt soars to $41m

    I don't understand how a lack of education can be an excuse in the age of information but whatever.
  2. M

    Will Woodridge(QLD) ever improve?

    Council rates. They are coming for your money Cliff. They are coming.
  3. M

    Qld State Govt approves New Logan Planning Scheme. Start in May

    Oh, Ok well in that case QDC MP 1.1, 1.2 or 1.3 applies. QDC 1.1 is for lots under 450m2. So if the front block is under 450m2 you have to comply with that. QDC 1.2 is for lots over 450m2. So if the front block is over 450m2 use that as your guide. QDC 1.3 is for the front lot if the front...
  4. M

    Yet another Brisbane thread... $650k budget

    No worries mate, like I said: if you buy at the right time in the property cycle, CG will just happen naturally. Aim for cashflow so you can snowball your investments.
  5. M

    Will Woodridge(QLD) ever improve?

    Change is inevitable as population grows. As land prices go up, so do rates and taxes. You have to earn more to live there. Look at Shailer Park for example. People used to call it Trailer Park. What about Holland Park West? One of my clients we did a reno there said it used to be considered...
  6. M

    Yet another Brisbane thread... $650k budget

    Hey mate, good to see someone else in their mid 20's getting involved in property investing! My goals are this: buy properties that are CF+ no matter what. I don't buy properties based on speculation of CG. I believe that buying at the right time you are going to make CG as long as you buy near...
  7. M

    The Mother of All Booms is Coming??

    Sydney was just ridiculous when I went down there in 2013. I am worried that this continued ridiculous boom is because of the interest rates lowering. I am worried that this continued lowering of interest rates has actually sustained a ridiculous boom and APRA has stepped in too late. The...
  8. M

    Converting electric cooktop to gas cooktop

    Thank goodness it was induction then. If it was gas I would hate to think what would happen.
  9. M

    Site Coverage vs Floor Space Ratio vs Height

    Hi, Would you mind noting which council this is in? You should check the definitions of the planning scheme. Each scheme has its own definitions. Site Cover is usually based on roofed area. That is - carports, sheds, garages, patios and the main house. A 100SQM house on 4 storeys would take...
  10. M

    Is it safe to lightly sand asbestos?

    There are some really sad stories in here unfortunately. You know, you never will know when you will die. Sometimes it is actually just the luck of the draw. I understand the sentiment of don't drive a car because you are more likely to die on the road than by asbestos poisoning. However, this...
  11. M

    Bathurst or Logan Central

    All I know is that Logan Central house prices have gone from 220-240k to 280k+ very quickly. If you can find properties in the 230k area then that is ideal. 250 if renovated. Be aware of new local council planning. There is a lot of potential for development and CF+ low cost developments.
  12. M

    Brisbane- what to buy

    Yep, look for something detached with character. You will find these post war homes will take a tonne to fall down. We pulled down a post war home, stripped all the beams. It was standing on 4 posts, one on each corner and the frame kept it up. We literally had to tear it down with a 15 tonne...
  13. M

    Advice for Gold coast uppper coomera/pimpama

    Hey mate, I live locally in Cornubia. I have some friends who live in that area and from my personal experience, people don't buy out in Pimpama or Coomera for 450m2 crammed in houses. They buy out there for the larger lifestyle lots. Now in terms of renters, have a look at the boom town app...
  14. M

    Ask SS: advice for renovation in brisbane southside

    Hey mate, your best bet is to call a building certifier who can help you deal with any hidden infrastructure and comply with local overlays/constraints and codes. You have three levels of legislation to deal with --> Local town plan --> Queensland Development Code --> National Construction Code...
  15. M

    Is it safe to lightly sand asbestos?

    Yes this is true. There was even asbestos in car brakes at one point. Canada still exports the stuff! Jerry - Get the asbestos removed by a pro. When these new asbestos audit rules come out for homes it will affect your value. Asbestos removals will go up in price. Get it done now by a licenced...
  16. M

    Qld State Govt approves New Logan Planning Scheme. Start in May

    Yes it is now in the definitions of an auxiliary unit. It is a bit stupid since they defined bedroom as being any enclosed room capable of being used for sleeping accommodation. There are a LOT of holes in their definitions. Even in the definition of a household. They did not define long...
  17. M

    Qld State Govt approves New Logan Planning Scheme. Start in May

    Hi Secto, Sean here from Mark Wilson Design and Build. We have been doing a lot of these types of buildings and investments for clients. I have been telling people to buy in Marsden for a while. A couple of clients were smart enough to actually take our advice. You wouldn't believe that for a...
  18. M

    Is it safe to lightly sand asbestos?

    THINK before you ACT Everyone here should be clear on ONE thing. Asbestos kills. It will kill you in 5 years or 30 years but make no mistake it takes only ONE microscopic fibre to kill you. IF you are recommending people to lightly sand asbestos sheeting, please know you are advising them...
  19. M

    Why is this pocket of Eight Mile Plains (Brisbane) so cheap?

    Eight Mile Plains has a major shopping centre called Westfield Garden City - I am a local around here and it has recently had a major extension. Down the road there is Sunnybank which is an Asian centre with heaps of great food and a distinctly different culture. Its actually a really good place...
  20. M

    Best estate for CG and Cashflow in Brisbane and surrounds.

    I don't know the Sydney market, as we are builders in Brisbane. I know that generally speaking, you are going to be paying a premium for buying from a developer. I bought a block in an estate recently, but it was 'second hand'. Got it for 165k, the original owner bought it 2 years prior for...
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