1st Investment property - PERTH, 21yo Mining wage
- Thread starter Fraser
- Start date
No you don't, a couple of short courses will do it.
really!!!!!! Im in the wrong business! Personal training
You could always use a buyers agent or a project manager to help with the developments to cater for your lack of time.
You seem to be looking to take a similar path to the one i have gone down. Feel free to pm me for any specific advise.
Cheers
Its all about the hours worked. You can expect an avergage wage for 2/1 of 120k-180k. So a 4/1 is double the hours so 240k-360k.
Cheers
Non Destructive Testing Technician.
Essentially testing steel for cracks and thickness using non-destructive means like ultrasonic and mag particle testing.
Generally Boilermakers make good testers as they understand the welding and fabrication techniques best.
I don't think NACE certification is a walk in the park as suggested above. Little more to it than a couple of 'short courses'.
pinkboy
Essentially testing steel for cracks and thickness using non-destructive means like ultrasonic and mag particle testing.
Generally Boilermakers make good testers as they understand the welding and fabrication techniques best.
I don't think NACE certification is a walk in the park as suggested above. Little more to it than a couple of 'short courses'.
pinkboy
21 years old, NDT Technician,250K, Mining?????????
Do you mind scanning a copy of your Group Certificate?
He's shared his pay - he has no need I prove it.
Kudos to Fraser - it's a good project your on. I prefer O&G too over hard rock.
Anyway. Financially I'd suggest getting that FHOG one under your belt as that will quickly chew up that $40k.
Then work out a good solid budget to save more deposits.
Think you could develop on your shifts but it does take organisation. And 20% deposits.
Well that all depends on how far you'd like to travel in the industry, just like any.. If you want to do monkey work lugging a magnet around day in day out im sure a couple courses will do the trick.
Hi mate,
Thanks for getting things back on track
I have a few queries in regards to developing as it is something i'd seriously look into after a bit more research.
How much of my time is involved? say I were to hire a building company to undergo the whole process.
Have you completed any developments yourself? If so would you mind elaborating?
Cheers,
Fraser
She is the development guru here
Have a look at her signature and read & follow those threads. You will learn heaps.
Hi there,
Ahh it's fine, the money is good and everything but what people don't seem to take into account is the 3/4 of your quality of life spent away from civilisation
Ahhhhhh Looks like a 3/1 Roster. That might Explain the Higher wage ??
You need to get Offshore than It will only be 1/2 your life or Even less
Good Luck to you.
Cheers
Wirra
Hi mate,
Thanks for getting things back on track
I have a few queries in regards to developing as it is something i'd seriously look into after a bit more research.
How much of my time is involved? say I were to hire a building company to undergo the whole process.
Have you completed any developments yourself? If so would you mind elaborating?
Cheers,
Fraser
Yup I've done a few. As singo said, I've got a few threads BUT I had to take 2 out of my signature as you can only have 2 URLs in your sig.
Gwelup http://somersoft.com/forums/showthread.php?t=81719
North Perth http://somersoft.com/forums/showthread.php?t=97742
There are a few development friendly builders out there who can manage everything down to the letterbox for you. You just have to keep working and supply money
It's up to you, really how involved you want to be. On your Perth time you can do builders appointments, colours/tiles, inspections. OR you can choose not to by employing an interior designer once off to do all the colours stuff and then a building inspector for 2-3 times to make sure everything is AOK.
I've managed to develop with a fulltime job, yes it's easier because I'm local but I still couldn't do much during business hours and restricted to appointments on my RDO. I was working for your Gorgon headoffice
I'm now developing fulltime (as of 5 days ago) with a sideline of mentoring/assisting people develop.
Ahhhhhh Looks like a 3/1 Roster. That might Explain the Higher wage ??
You need to get Offshore than It will only be 1/2 your life or Even less
Good Luck to you.
Cheers
Wirra
You won't get $250,000 doing NDT Offshore. That's a contractors role and the time isn't guaranteed.
Production Technicians on floating facilities barely nudge that sort of money.
This just set off alarm bells for me.
Do not invest with the view of minimising your current tax bill. That should NOT be your driver at all.
I was told once - if you're paying tax, that means you're making money.
21 years old, NDT Technician,250K, Mining?????????
Do you mind scanning a copy of your Group Certificate?
Some one jealous?
What they is earn is not relevant. This is not a thread about how much one earns. They are asking for investment advice. Their income is just background info.
Yup I've done a few. As singo said, I've got a few threads BUT I had to take 2 out of my signature as you can only have 2 URLs in your sig.
Gwelup http://somersoft.com/forums/showthread.php?t=81719
North Perth http://somersoft.com/forums/showthread.php?t=97742
There are a few development friendly builders out there who can manage everything down to the letterbox for you. You just have to keep working and supply money
It's up to you, really how involved you want to be. On your Perth time you can do builders appointments, colours/tiles, inspections. OR you can choose not to by employing an interior designer once off to do all the colours stuff and then a building inspector for 2-3 times to make sure everything is AOK.
I've managed to develop with a fulltime job, yes it's easier because I'm local but I still couldn't do much during business hours and restricted to appointments on my RDO. I was working for your Gorgon headoffice
I'm now developing fulltime (as of 5 days ago) with a sideline of mentoring/assisting people develop.
Hi there,
haha yes I guess money would be the underlying factor!! and I will definitely go through your threads with a fine tooth comb to learn as much as I can
I think I'd like to keep it strictly business orientated, having too much involvement I think would be detrimental for me anyway - emotional attachment and what not.
How did you find developing on a full time job? pretty stressful or easy to deal with?
Oh really, The head office in Murray street there? I am finding it hard to fit things in - not enough hours in the day! especially on nightshift.. hard to contact people when their sound asleep!
Quoted as it's the first sensible comment re his pay. It's all about hourly rate... 29 days of 12 hour shifts.
Hi Fraze,
This may be shot down by the gurus.
If I was in your position I'd purchase a property in the golden triangle or Applecross/Ardross/SP etc. One that eventually when you have a family, you'd like to live there. Rent it out for ten years. Preferably one you can sub divide or just knockdown and build. The NG will be good while you're working those mega hours. Then continue saving and look at a cheaper more CF neutral IP once you've saved another deposit.
Just my humble opinion.
Cheers
