澳洲Australia property Help With Reno's | Sydney


在澳大利亚 Hi all, I currently have a PPOR and 10K cash in the bank which I plan to use as a deposit for a IP early next year. Is it possible for me to place this into my PPOR loan and then redraw the 10K when Im ready for the IP and then claim the int Hi Guys, Ive found a property that has mentioned two payments coming up of $1400 to apparently top up the admin fund and 2 have just been paid. Im looking at a financial statement (basically a balance sheet) for the strata and its all a bit


http://groups.msn.com/OurHouseDIYClub/_homepage.msnw

Just thought this site may be of help to renovators. It is a spin off from the Channel 9 "Our House" show and I am a moderator on it.

Anything and everything to do with reno's is asked here plus more. The members are mostly home owners, although a few have IP's.

You'll find help on just about any topic as most of the members have "Been there, done that" and can give experienced advice.

You may even get referrals to tradespeople they have used and recommend if that's what you are looking for.

Some of the Sydney members have formed a co-operative where we barter skills & labour in return for the same, and we measure it by hours owed to the co-op or the co-op owes you. You bung on the food and drink and the workers come and help with your project. e.g. 3 workers x 4 hours each = you owe the co-op 12 hours which you work off on other peoples projects or with some other repayment.

We have got together to paint a bedroom, clean up and repair animal cages (this member cares for sick and injured wildlife) - in fact anything that we can handle. I've had them to my place twice to weed, plant and mulch my gardens each Spring, and we've barted such things as writing a resume, making a quilt, fixing a problem PC, giving a massage..............

Only women are in it at the moment - can't seem to get the men to join in!!

Anyway, this may be something some of you are interested in joining or even starting one here!! Many hands make light work.

Hope this has been of some help.

Cheers
Olly  

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Hi,

I really like the sound of the bartering system, beats paying for tradesmen. However, I disagree a system has to be in place for this - I'm sure quite a few ppl would be willing to give another a hand with an IP, in return for a hand in theres at some future date.

Best of luck with it ;)

-Just my 2c.

Dave  

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Nice idea

Thx for the link  

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Originally posted by dtraeger2k
Hi,

I really like the sound of the bartering system, beats paying for tradesmen. However, I disagree a system has to be in place for this - I'm sure quite a few ppl would be willing to give another a hand with an IP, in return for a hand in theres at some future date.

Dave
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I agree with you. I've often helped out others doing DIY stuff and them with me without counting the hours. This is just the way it got set up in the club (not by me).

Cheers
Olly  

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Hi Olly

Years ago when the earth was flat, I was in a 'Baby Sitting Club', where members owed time to the club.

Every new member was given 30 hours to start with, and we gave or received 'baby sitting' through a central registrar. Each member had a month when they had the books, so for that month the other members simply rang the rostered coordinator who rang around and organised the sit, credited and debited the points accordingly, and balanced the books before passing them on to the next member.

This worked a treat, cost nothing except the phone calls, and the club was very successful. I don't know if it still operates in the area, but it was running for more than 10 years when we moved in and was still operating when our children had outgrown the need for sitters.

Bartering can be very successful, and owing time to 'the club' is usually more successful than the ad hoc 'come round for a barbie' type working bee arrangements.

For renovations, however, where the skills have markedly different 'commercial' value eg a plumber or electrician has to be licensed whereas a painter does not, perhaps a different value point system would need to be organised eg a plumber 'earns' two hours for every actual hour, but painting or general labouring earns hour for hour, or weeding the garden may only earn half an hour.

Egalatarian societies have a nortoriously bad record for viability (Think: USSR). Baby sitting is an equal skill (are they all still alive?) but renovating has multi skill requirements and the 'value' put on different skill levels would have to be well defined for a bartering system to have any chance of real success.

It's an interesting concept. Thanks, Olly, for introducing this to the forum. Any more comments (anyone) for discussion?

Cheers

Kristine  

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