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  1. L

    Becoming a property developer?

    ok ok ok...now don't strat picking on the lawyers, i think there is a post especially for this...lol
  2. L

    Becoming a property developer?

    Sue, thats another one of the reasons that we are happy to do the spec homes as part of a company, we are not going to use the negative geraing. Going to use that for the B & H we use personally. I think we can negative gear if we borrow funds personally to pay for the shares in our...
  3. L

    Becoming a property developer?

    It is just part of the motivation $600 a week for Childcare plus $200-250 family assistance is a fair bit. if I can't afford daycare I can't work, I don't work i can't afford to invest. It basically the same as someone structuring there investment for tax minimisation. The plan is to keep...
  4. L

    Becoming a property developer?

    We are doing what Sue has done, but yes went a bit crazy and did 4 at once, i don't think i've ever cried so much when we had finance issues after the mortgage docs were signed. What we are now looking at doing is to hold the properties as a company - mainly doing spec homes, using the same...
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