Search results

  1. M

    Self employed Builder/Developer

    Yes Boeman that is my intension to structure it like this and also have my missus as a shareholder in the company to spread out profits when needed. It is good to know that it has been done before as i am keen on building but not keen on dealing with clients ( i had 7 years of that while self...
  2. M

    Self employed Builder/Developer

    Hello Boeman thanks for your reply. Yes i am fully licensed and intend to start a company where i can write out a fixed price contract to myself as the developer. My building company will then make a profit of 20-30% of the contract price aswell as the profit i can make from being the...
  3. M

    Self employed Builder/Developer

    Hello guys thanks for your feedback. I am aware that i will need to go low doc to borrow funds for owner building but will the loan to buy the block need to be low doc or can i use my payg income as proof? My plan is to secure all of the finance and approvals while still payg using equity...
  4. M

    Self employed Builder/Developer

    Hello i just want to get some feedback and look at options for my current situation. I work for a builder in adelaide on 55k pa and i have just sold an ip that i have held for 10 years. With the proceeds after tax and also revaluing my ppor i will have around 180-190k equity to play with. I...
Back
Top