great to hear - sorry i missed the pre-christmas post!
post up plans and keep us all updated - i'm watching this with interest.
cheers mate
post up plans and keep us all updated - i'm watching this with interest.
cheers mate
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Yep I have approvals and building license already.
So - let the race begin (the fact you gave me about a 4 year head start is irrelevant ok )
Blacky
And here is some pretty pictures of how they should look when finished.
Just waiting on SGB to authorise the re-fiannce, which should be this week hopefully. Then onwards and upwards.
Blacky
My favourite feature is the kitchen - butlers pantry - laundry combo. Delightful!!!
Good luck mate, now the hard work begins...
Dont you like that?
I actually do like the concept of having the kitchen and Laundry close to each other. Allows the women of the house to do the cooking and cleaning simultaneously. (maybe there is a good reason why I remain unmarried )
Blacky
Love it!!Will keep you posted and will have a read of you Mona Lisa thread when I have a bit more time on my hands.
Cheers
Blacky
Hi Lonewolf.
To change one thing? I think I probably would have spent more time in the preliminary stages (ie prior to purchase) in speaking with a decent broker. I initially spoke to my bank and they gave me a thumbs up, but when it went to credit it came back with "'puter says no".
Had I of spent a bit more time up front sorting out finance, I think a lot of the issues could have been resolved - but once your in deep, you just gotta keep swimming.
I spoke to a couple of brokers, but most of them I found to be one step away from a resi-lender in a bank and really had little idea about how to structure a deal outside "mum and dad buying a home". Im yet to meet a broker who I would use but will be hitting up a few people on this forum for recommendations with anything I do in the future.
So in hindsight - its probably about the one major thing I would change.
Other than that I think my professional team has been pretty spectacular.
Cheers
Blacky
Hi Blacky
So will you be selling any of these?
What about profit you made, do you mind sharing??
Cheers, MTR
Hi MTR
Im going to stick with my original strategy of holding onto all 3 of them for a long term hold. I may need to sell one but this depends on the market and my position once finished.
Profit? whats that?
With the market the way it is I might be in a small paper profit position at the end. Even at an 80% lend I will not retrieve the cash I have invested but on paper at least Ill be in about the same position.
Ill hold for the long term and hopefully capture some future CG.
So managing my Millions of dollars of profit is not something I really need to be concerned about - it just aint there.
Blacky
Dont you like that?
I actually do like the concept of having the kitchen and Laundry close to each other. Allows the women of the house to do the cooking and cleaning simultaneously. (maybe there is a good reason why I remain unmarried )
Blacky