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  1. W

    Friends wanting to make some money from renovating - any thoughts?

    I'd be very happy to hear some answers to the question rather than this thread be derailed.
  2. W

    Friends wanting to make some money from renovating - any thoughts?

    Just because your wife barked orders and did nothing, doesn't mean all wives are cut from the same cloth.
  3. W

    Friends wanting to make some money from renovating - any thoughts?

    That is probably a very good point. Wife is happy to put up with some reno, but subdivision and sell the dirt could be a way for them to make some cash without so much renovation nightmare to live through.
  4. W

    Friends wanting to make some money from renovating - any thoughts?

    Thanks for your input. It is not the husband's skills but his ability to be an owner/builder that I'm not sure about, seeing he is no longer "on the tools" and has let his registration lapse. As an owner/builder he can coordinate his own tradies as opposed to having to sign up with a builder...
  5. W

    Friends wanting to make some money from renovating - any thoughts?

    Thanks for the reply. I think it is very important to worry about these issues now before they decide which way to jump. Initially, they planned on selling their current PPOR now, buying the next place, but with the Brisbane market moving upwards, the bigger footprint they have, the more profit...
  6. W

    Friends wanting to make some money from renovating - any thoughts?

    I have a friend whose husband is keen on selling their house (Mansfield). It is in the catchment for a good school, so a sought after area and it will sell well. I think they should hold it unless they really "need" to sell though as prices are rising. With a $150K mortgage, I think they could...
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