Few thoughts / learnings and two pictures side by side against the plans! During the original due diligence, the surveyor picked up on the...
Post-APRA, given limited servicing and a desire to grow equity, the key metric I think your options need to be evaluated against is the after tax...
I'm sceptical of engaging a builder straight off for a 3+/4+ on a lot - its near on impossible to compare apples to apples on pricing based on...
Thanks Brady! These were under construction at the time of acquiring the site - one of the few examples of a 1 into 3 row dwelling in the area....
I've got a project that's right by a Significant Tree with the townhouses incurring slightly on the TPZ at the moment. We had an arborist review...
...and just to add - being registered for GST and claiming the GST input credits during the build is also highly advantageous from a cash flow...
That was my point - the Budget Policy Change has reduced the present value of after tax net cash flows associated with new (and newish) investment...
Sorry - that was my bad, Division 40 (plant & equipment)!
Assuming I kept them upon completion - the plant & equipment depreciation would have value to me but upon selling them, even as "new", the...
Yay - just watched ~$30k in depreciation benefits go poof! BMT literally just emailed through a depreciation estimate for a set of townhouses...
I believe the question for me would be "what (better) assets could I hold with the servicing capacity?"
Some great discussion on the forums since the APRA reforms (e.g. @Eric Wu ("What happens when the Interest Only period expires on your investment...
Day 224: Rebar & vapour barrier [IMG] Day 226: Slab! [IMG] Day 240: Framing [IMG]
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