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1. Yes, long out of mind so I had to reread the thread myself to check the info. Obstacles can be an opportunity to strengthen your character. You can't read the into future so you must manage the situations as they present themselves. I've had much larger obstacles than your above hypothetical...

No gst involved 2dogs. All done as an investment (not development) when I purchased the site 3 yrs ago. Ended up being forced to change plans and sell. Therefore I will just pay cgt after receiving 50% discount for holding more than 1 yr. The first one of the pair that we built was sold in...

Well we settled as planned yesterday which brings this project (and thread) almost to a close. I still have some outside touch ups do do - once the weather fines up. An aquaintance has rented the new home privately from the new owner for $330/wk (appraised at $350/wk) so I can finish the final...

And here is a sample of some of my varying applications for replica rockwork.

Hi Bill, The rock work is my profession but I don't work for others much anymore. I still do some in my duplexes just to add a nice touch to the houses. Here are some progress shots from yesterday. Today I finished the rest of the boulder and step shapes and will post some pics when I get...

Final Certificate issued today by council. Settlement to take place in 2 weeks. Tidying up the place at present and doing final cosmetics. Rockwork (in photos) to be rendered next week if weather is fine. Will post some final pics then. :)

I ordered a gas bottle a couple of days ago so that the plumber could test my appliances. I turned up for work this morning and someone had stolen it last night, Oh well - $126 down the drain. So I ring up the gasman to order another bottle and he says"go up the road and check in the house at...

We have sold the unit to a family member Sheryn. We are helping her out by getting tenants lined up before settlement. Any rent received prior to settlement will go to us. Next weekend will be fine if you want a peek. :)

Hi Folks, Been plodding along and now have most of the tiling complete, kitchen is in, subfloor slatting done and driveways were poured yesterday. At the end of the coming week we will be pretty close to finishing inside. Shower screens, robes and plumbing will be finished with gas hws, oven...

Since last report the following has been done. Scaffold came down 1 week ago. Outside painting done (apart from sub floor slatting) Gyprock completed. Waterproofing bathrooms done. Internal painting 95% done. Decks done (but not stairs and handrails yet). Sewer, stormater and water connected...

Reached lock up stage on Monday. Insulation has been put in walls ready for sheeting. Gyprockers will begin sheeting on Thursday.

Sure thing Sheryn. Might be sooner than that. Roofers finished all except the front porch which has yet to be built. Chippies cladded over half the house today. Plumber has done rough in and sparky will finish his rough in tomorrow. Chippy returns Monday to finish cladding and build the...

Scaffold is now up and main framework complete with windows in. Roofers begin on Monday - weather permitting. This is day 4 for the chippies. Once the roof is on the plumber and sparky will do their rough in. Then the chippies will come back and do the cladding, soffits and front porch. Should...

Our floor went up on Tuesday and frames and trusses today - so this is 2 days work. This new team of guys I have are quick when they are on site but have a few jobs on the go so I don't think it will save me time overall. They work for larger building companies so I am the "fit in" job it seems...

Sounds risky Melbournian. Wouldn't want to be missing a few essential items. What materials are the frame and cladding, floor, roof, etc, and what country are you importing from?

Finally we have settled on House 1 and the money is in the bank. Can pay off a few old debts now that cashflow has freed up. Will also be settling on next block of land next week so 50k is required to go toward that. Brackets and bracing were welded onto posts on Tuesday. Kit was delivered on...

Hi Annie, You may also enjoy my previous duplex diary. Holding costs are the cost of interest on borrowed money + rates, insurances, etc. These accrue throughout the project until the units are sold. My holding costs for this project were high because I have been paying interest on the...

Back on site the past 2 days after a nice Xmas break. Dodged all the rain somehow (half of that SE QLD rain was forecast to hit us as well, but remained up there for some reason) and managed to get the garage slab poured this morning. Power gets hooked up tomorrow and the kit is arriving on...

Rained till midnight (forcasted rain for 4 days straight) and then miraculously cleared to a cloudy day yesterday with only a minor shower in the morning. Conditions were sticky but we put in the hard yards and mixed 3 cubic metres of concrete and completed the posts for the whole house. Safety...

No settlement for house 1 today after purchasers' bank let their loan approval lapse. Should be sorted for a January 14 settlement. Contract exchanged for house 2 on Monday. Cut the site this week and dug holes today ready for posts to be concreted in. Of course it began to rain soon after...