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  1. MTR

    how to make $110k 12mths without quitting my day job

    Erica good for you, keep up the good work, experience is the only way to learn, good and bad just hang in there. Copper pipes - I know all about this - in USA people steal the copper from HVAC units (Aircond) that are located outside the homes. We actually have to pay around $400 for lock...
  2. MTR

    how to make $110k 12mths without quitting my day job

    I have seen him before, his woofing beautiful, how old????
  3. MTR

    how to make $110k 12mths without quitting my day job

    It is as long as you can source finance, and there are some new financial products on the market now that can definitely help. More available time to source more deals to turnover stock, more money in the door. If you strategize you could also ensure that you increase your income by...
  4. MTR

    how to make $110k 12mths without quitting my day job

    Nice pickup, hoping no one would notice haha.... what is going on here, minimise the paint:eek: tax I think....
  5. MTR

    how to make $110k 12mths without quitting my day job

    OK, but the end result is the same, profit/CGT is tacked onto your income, the difference is if you are not a developer you get the 50% discount. I think I need to do a little more reading on this stuff, someone sent me something the other day, just so many aspects to it. Also, I purchase...
  6. MTR

    how to make $110k 12mths without quitting my day job

    OK, its tax that has to be paid. What can you clarify, I am sure developers pay CGT if selling ???? Pretty sure this has been mentioned by Paul in accounting section, I wish I was wrong
  7. MTR

    how to make $110k 12mths without quitting my day job

    Developing property is excellent way to make money, however you always have a silent partner, who works for nothing ATO:eek: GST, CGT, Stamp Duty
  8. MTR

    how to make $110k 12mths without quitting my day job

    That's great. Starting with smaller projects and then building on this is the way to go. Certainly learn a lot by getting your hands dirty, you cant do this by just reading a book, it just wont cut it. There are so many minefields with developing, one area that does not get a great deal of...
  9. MTR

    how to make $110k 12mths without quitting my day job

    Fantastic, good work. I like these stories. What if you could do 2 or 3 pa, increase your profits, give up your day job, as one of these becomes your income, more time to find the deals;) All the best with your future projects:) Cheers MTR:)
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