PropertyInvesting.com | 1HotValuer | Activity https://www.propertyinvesting.com/members/1hotvaluer/activity/ Activity feed for 1HotValuer. Tue, 14 Apr 2026 14:59:43 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d585133d251861501bed028a98585c99 1HotValuer replied to the topic tenant insurance in the forum General Property https://www.propertyinvesting.com/topic/4386544-tenant-insurance-2/#post-4553315 Sat, 26 Aug 2006 13:53:16 +0000 I use SGIO. Their quote was cheaper than AAMI.

]]> 3f3bcf03b78dbe11ee25630a09e1c18f 1HotValuer replied to the topic mining towns in the forum General Property https://www.propertyinvesting.com/topic/4386353-mining-towns-4/#post-4552420 Thu, 10 Aug 2006 04:04:28 +0000 Mt Magnet W.A.
Booming, new mines opening up.
Positively geared.
I own a property there.

]]> 12feee377e36906ffbb450065ca262ae 1HotValuer replied to the topic Age of building in the forum General Property https://www.propertyinvesting.com/topic/4386409-age-of-building/#post-4552610 Thu, 10 Aug 2006 04:01:51 +0000 Depends what state you are in. I can help you if you are in NSW.
What colour are the bricks, what style is the outside of the house? I have studied construction in NSW for dwellings bult since the 1900’s. Besides that, it hard for the average person to work out the age of a dwelling. If you have the deposited plan and have the registration date,…[Read more]

]]> 18f730352cf3222c15534b51c3e444a3 1HotValuer replied to the topic Building costs. Anyone got a rule of thumb? in the forum Value Adding https://www.propertyinvesting.com/topic/4386197-building-costs-anyone-got-a-rule-of-thumb/#post-4551749 Mon, 24 Jul 2006 12:02:46 +0000 Rule of thumb for NSW is $1200/m2 for brick veneer dwellings. Project homes are around $800/m2.
We use these rates to determine costs of new constructions. Some builders do vary so just use this as a rule of thumb.
Full brick rates are about $1500/m2.

]]> 5f55d9a1ac6c4c2bc23388cb1a52e338 1HotValuer replied to the topic Property value increase via suburb name change? in the forum Value Adding https://www.propertyinvesting.com/topic/4386079-property-value-increase-via-suburb-name-change/#post-4551263 Sat, 22 Jul 2006 12:05:09 +0000 Property value would not increase just because the name of the suburb changed.
Just look at Kellyville and Kellyville Ridge. Two different council areas next door to each other with about a $30,000 difference in land values. It’s still Kellyville.

And Bella Vista has a ‘rich’ side and a ‘poor’ side. It wouldn’t matter if Crestwood was called…[Read more]

]]> 5ba860762e3bf98d1122b48a292061f3 1HotValuer replied to the topic Carport to Garage worth it??? in the forum Value Adding https://www.propertyinvesting.com/topic/4386191-carport-to-garage-worth-it/#post-4551731 Sat, 22 Jul 2006 11:57:18 +0000 A carport adds about $10,000 to the value of a home and a garage adds $20,000 in Sydney. So yes you are adding value.
Not sure about council approvals in your area though. I do know that you need to apply for it if you are building a new garage, but to add onto the carport; phone the council and ask.

]]> 323e03f9898fdd4839f7d2c5d61d0822 1HotValuer replied to the topic Investing With Friends in the forum Help Needed! https://www.propertyinvesting.com/topic/4386225-investing-with-friends/#post-4551859 Sat, 22 Jul 2006 11:51:07 +0000 I bought a +cf property with a friend 3 years ago.
The loan and the title (contract)of the property go into the four of your names. You get the conveyancer to make the four of you as ‘tenants in common’ which means you each get an equal share of 1/4 of the property and can pass that share on to a person of your choosing should you die god…[Read more]

]]> 710480f75eef63c9f524deace5d90e95 1HotValuer replied to the topic Whats the go with valuations man! in the forum No Subject https://www.propertyinvesting.com/topic/4385747-whats-the-go-with-valuations-man/#post-4549649 Sat, 22 Jul 2006 11:38:05 +0000 Valuers have access to information on what you prevoiusly bought the unit for. If the Valuer didn’t know that you had renovated it, then she stupidly did you a diservice. A good Valuer would know the difference in value between an unrenovated unit value and a renovated unitsvalue. Unbelievable.
I also can’t believe that any Valuer would not take…[Read more]

]]> d9f97b880d37ffb99c612b7719fc9d38 1HotValuer replied to the topic Whats the go with valuations man! in the forum No Subject https://www.propertyinvesting.com/topic/4385747-whats-the-go-with-valuations-man/#post-4549647 Thu, 20 Jul 2006 13:54:52 +0000 Originally posted by Dazzling:
Geez…..sounds like most of the Broker’s don’t like any of the big guys….walking from N, C and A.

That only leaves W…..hopefully we don’t put them in the same pot, otherwise the whole thing turns into a big WANC ?? [blink]

For me, I’m happy with the “drive by”, as it’s the dirt I concentrate on.

We got a…[Read more]

]]> 8850b485599e7b72cc28299d34531098 1HotValuer replied to the topic Whats the go with valuations man! in the forum Finance https://www.propertyinvesting.com/topic/4385747-whats-the-go-with-valuations-man/#post-4549646 Thu, 20 Jul 2006 13:34:41 +0000 Originally posted by Manoj:
Its not so easy to get the valuation to match your expected figure but doing things may get answers right for you. I did massive reno on my property to increase value to get more loan thru equity and greater rental potential..The bank valuation came close to my expectation..firstly make sure the valuer or the bank you…[Read more]

]]> 41274a4e30e78e7ee0fee85a0b63fa22 1HotValuer replied to the topic desperately trying to figure something out... in the forum Help Needed! https://www.propertyinvesting.com/topic/4386116-desperately-trying-to-figure-something-out/#post-4551454 Thu, 20 Jul 2006 13:16:02 +0000 With $190k you can buy 8+cf properties !

]]> 03ab23dfa3741c7014a9acb333813204 1HotValuer replied to the topic Answers to "Where to Find CF+ Deals" in the forum Help Needed! https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/4/#post-4541932 Thu, 20 Jul 2006 13:10:27 +0000 Broken Hill is excellent for +cf property.

]]> e609a414f42284fce019fd66492d7730 1HotValuer replied to the topic Help to evaluate deal in the forum No Subject https://www.propertyinvesting.com/topic/4386194-help-to-evaluate-deal/#post-4551740 Wed, 19 Jul 2006 13:29:24 +0000 I had a look at allrealestate.co.nz and saw the houses for sale in Hamilton with a minimum asking price of $355,000. I am not a Valuer in NZ but I recommend you email Ray White Real Estate in Hamilton and get their opinion on whether it represents market value.
hamiltoncity.nz@raywhite.com
Be careful of a rental guarantee, it generally means you…[Read more]

]]> 86e99b220559fd7fcfe7410fbcce7b4b 1HotValuer replied to the topic LAND FANATICS! Any takers? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386187-land-fanatics-any-takers/#post-4551703 Wed, 19 Jul 2006 13:12:54 +0000 Sounds too risky. Who would give someone $50,000 on the promise of a 62% return? I’ve known of schemes in the past and sorry to say I do smell a rat on this one.

]]> e3bfd8de69e95f9a3da77400193707a7 1HotValuer replied to the topic whats a property worth please? in the forum No Subject https://www.propertyinvesting.com/topic/4386156-whats-a-property-worth-please/#post-4551618 Wed, 19 Jul 2006 13:01:42 +0000 Hi,
I am a Valuer and I’m not clear on whether you have a commercial/residential property that you are trying to strata title? (subdivide).
Your post states What is a property worth?
If you are going overseas shortly, you are better off selling the building rather than mess with subdivision of title.
I recommend you get a valuation of the…[Read more]

]]> 22aef4e68220b084ec775f39c373fb78 1HotValuer replied to the topic Answers to "Where to Find CF+ Deals" in the forum Help Needed! https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/4/#post-4541930 Sun, 16 Jul 2006 14:50:00 +0000 Ok I am answering Lee’s question on HOW to buy your first +cf.
1.Save up $9000 (20% deposit)
2.Buy a property in Queenstown or Zeehan or Rosebery in Tasmania for $45,000. Rent it for $90 per week.
3.Save up the stamp duty and conveyancing cost during the 6 week settlement.
4.I recommend buying sight unseen. I have bought 10 properties this way.
5…[Read more]

]]> 35b4ca0554ff118646f6be35e7659ae8 1HotValuer replied to the topic What attracted you to your current mate? in the forum No Subject https://www.propertyinvesting.com/topic/4375031-what-attracted-you-to-your-current-mate/#post-4483113 Sat, 24 Jul 2004 14:28:37 +0000 Eight inches.

]]> 48bde9737c1c5a59aec46598a038e2c5 1HotValuer replied to the topic property valuation in the forum Finance https://www.propertyinvesting.com/topic/4375019-property-valuation-3/#post-4483004 Sat, 24 Jul 2004 14:09:20 +0000 Wow Scott,
I’m impressed.
I just want someone to have the exterior of the house already measured and drawn up for me.
Ahhhh, one can dream.

]]> 8d183d1b609e6c2348b19d3cc4194aa6 1HotValuer replied to the topic Finding your way around town (online) in the forum Creative Investing https://www.propertyinvesting.com/topic/4374719-finding-your-way-around-town-online/#post-4480929 Tue, 13 Jul 2004 23:17:07 +0000 And I went to the trouble of buying Country Link street directories for every state and territory in Australia. Go figure. Does anyone know of a free aerial photography site for each state? I know RPData has aerial photos but I pay for that service.

]]> a5a8dacb2d8eb1343e653f9d52db43e3 1HotValuer replied to the topic brainstorming in the forum Help Needed! https://www.propertyinvesting.com/topic/4374651-brainstorming/#post-4480555 Fri, 25 Jun 2004 13:13:12 +0000 You are limited to what you can do. You must check the zoning guidelines, sometimes they will allow a childcare centre to be built, which is very profitable if you can find a tenant. Or you can just put one big fat house on it and rent it out.Council zoning guildelines or Local Environmental Plan dictates what can and can’t be built.

]]> 6643770eafd8db5c9adc6cadcc234d03 1HotValuer replied to the topic Any guestimates on building a dual occ? in the forum General Property https://www.propertyinvesting.com/topic/4374523-any-guestimates-on-building-a-dual-occ/#post-4479661 Wed, 23 Jun 2004 13:21:59 +0000 Check out Homeworld, there are 2 storey dual occs priced at around $200,000 for both.They are project homes and are relatively cheap. Have a look at the Project builders in your state.

]]> afe302e58f084d7f143a9e9ab84a81f3 1HotValuer replied to the topic Dual occ permit increasing valuation? in the forum No Subject https://www.propertyinvesting.com/topic/4374544-dual-occ-permit-increasing-valuation/#post-4479770 Wed, 23 Jun 2004 13:16:48 +0000 Yes, having Council approval does increase a valuation. Beware of properties that are sold ‘subject to council approval’ or ‘STCA’. You may not be able to get council approval if you purchase the property.
I have an example. 2 residential lots next door to each other, sold separately, valued at $300,000 each. Same lot as a townhouse site with…[Read more]

]]> 18a7750382a0ed8e595a1940928d43ba 1HotValuer replied to the topic Valuer V Valuer in the forum General Property https://www.propertyinvesting.com/topic/4374274-valuer-v-valuer/#post-4477880 Sun, 06 Jun 2004 08:19:36 +0000 Kay,
we use very expensive paper.

]]> 47a5688d045aec850b7d6e747b27e2bf 1HotValuer replied to the topic Tenant Rewards?? in the forum No Subject https://www.propertyinvesting.com/topic/4374043-tenant-rewards/page/2/#post-4476060 Fri, 04 Jun 2004 13:05:13 +0000 What if there are no movie theatres in your IP town and the gardens…well no gardens grow there it’s too damn hot. What do I get my tenants? *gulp* A coffee mug with my face on it or better still my a$$.
Help.

]]> 08327fcec21765058b6aa9526f3edcdb 1HotValuer replied to the topic WA Window of Opportunity in the forum General Property https://www.propertyinvesting.com/topic/4374194-wa-window-of-opportunity/#post-4477183 Fri, 04 Jun 2004 12:45:15 +0000 Yo, that’s why I’m out there buying as many WA properties as I can. I ain’t waiting for July 1 !

]]> 2f0fdbcdfcab48a45c26c182f6e4623f 1HotValuer replied to the topic High Yield Properties in the forum General Property https://www.propertyinvesting.com/topic/4373869-high-yield-properties/page/2/#post-4474810 Fri, 04 Jun 2004 12:10:48 +0000 Oh Wez…puhlease. Most of Sydney values have already dropped 10%.

]]> 1982b322ac42c77811dd5224d438cc1b 1HotValuer replied to the topic High Yield Properties in the forum General Property https://www.propertyinvesting.com/topic/4373869-high-yield-properties/page/2/#post-4474808 Thu, 03 Jun 2004 11:34:57 +0000 If you are holding property for the long-term, surely, Tasmania, doesn’t have the fundamentals to be an optimal location to invest in property.

Why not? Is everyone leaving ??!! Are you saying no one wants to live there unless they are logging some forest??
My property is on the coast and in safe hands.

]]> 68d41f4597a70a2270b41d1b2233a74a 1HotValuer replied to the topic Good Deal/Bad Deal in the forum Help Needed! https://www.propertyinvesting.com/topic/4374158-good-dealbad-deal/#post-4476924 Tue, 01 Jun 2004 05:05:47 +0000 Yup, I’d buy the property Kay suggested rather than a hotel room. Be wary of anything that says it will guarantee your rent for a specified time. What happens after? I know of cases where the rent is dropped to half after the term is up.
I know there are small 24m2 studios in Glebe for $170k. Or you could buy a house in Perth (Beechboro) for the…[Read more]

]]> f40d8ec46ea82bde72c87f0ee1e13483 1HotValuer replied to the topic THE LIFESTYLE PLANNER in the forum General Property https://www.propertyinvesting.com/topic/4374161-the-lifestyle-planner/#post-4476931 Tue, 01 Jun 2004 04:40:00 +0000 Sounds like something a broker would do for you for free. I don’t see any advantage.

]]> 1d141ce7e4215fd3e91548083ce3ad62 1HotValuer replied to the topic High Yield Properties in the forum General Property https://www.propertyinvesting.com/topic/4373869-high-yield-properties/page/2/#post-4474804 Tue, 01 Jun 2004 03:07:40 +0000 Kay Kay Kay Kay,
I’ve been doing this forever and a day.
Although I probably wouldn’t live in 90% of my locations, I’m getting +cf. Yes, I believe properties all have a certain amount of CG and where I buy I wouldn’t care if my CG was negative. I’m interested in cash flow and holding for long term. No my $35000 property does not need repairs !…[Read more]

]]> 8979cb4caaa57bfe9d6d2138b5ab7da7 1HotValuer replied to the topic High Yield Properties in the forum General Property https://www.propertyinvesting.com/topic/4373869-high-yield-properties/page/2/#post-4474802 Tue, 01 Jun 2004 00:44:56 +0000 I bought 2 properties yesterday.
WA house $35000 Rent $80pw and TAS house/duplex $80,000 Rent $160pw.
Yield 11.9% and 10.4%.
Don’t tell me they are NOT out there.

]]> fac3df73a1f5dde10dc2b6597c1da0b8 1HotValuer replied to the topic A funny valuation story in the forum General Property https://www.propertyinvesting.com/topic/4374101-a-funny-valuation-story/#post-4476516 Tue, 01 Jun 2004 00:39:53 +0000 Good for you for investigating. Keeps us on our toes !

]]> 981f875f5a2884fcd46e1e1df95d5366 1HotValuer replied to the topic Valuations influenced by LVR in the forum General Property https://www.propertyinvesting.com/topic/4374036-valuations-influenced-by-lvr/#post-4475999 Wed, 26 May 2004 23:45:21 +0000 Valuations are not at all influenced by the LVR. Banks do not influence valuations unless they suck up and buy us a case of french wine…

]]> 492904cd961eb5cf58120b9440569cf3 1HotValuer replied to the topic Property Valuation in the forum Help Needed! https://www.propertyinvesting.com/topic/4373982-property-valuation-2/#post-4475568 Wed, 26 May 2004 23:36:46 +0000 Wezwaz,
Derek and IBuy answered your question correctly.

]]> f516d09269f49570fd81b414b73c3662 1HotValuer replied to the topic What are your occupations? in the forum Forum Frolic https://www.propertyinvesting.com/topic/4373610-what-are-your-occupations/page/3/#post-4472854 Tue, 25 May 2004 06:40:06 +0000 Ummm….

]]> d303e1bd142773eabdf6cd7a91cd616b 1HotValuer replied to the topic anyone watch this last night? in the forum General Property https://www.propertyinvesting.com/topic/4373987-anyone-watch-this-last-night/#post-4475627 Tue, 25 May 2004 06:35:36 +0000 Yes I watched it. It was interesting to note that the ‘negative gearers’ were getting themselves into trouble. As for the lady that gambled, well she spent her equity on poker machines. It pays to be well informed. For the inexperienced ‘watchers’ it would have scared alot of people or made them more cautious.
As we all know, positive gearing is…[Read more]

]]> d4ab76b7b14d02e585af5daaaa1025ea 1HotValuer replied to the topic Property Valuation in the forum Help Needed! https://www.propertyinvesting.com/topic/4373982-property-valuation-2/#post-4475563 Tue, 25 May 2004 06:28:52 +0000 If it was that easy wezwaz, then people like me would not have spent 5 years at Uni !
I like your thoughts on valuation though…

]]> d486010570b5bd12a7cfd51a60954bda 1HotValuer replied to the topic Independent Valuation in the forum Help Needed! https://www.propertyinvesting.com/topic/4373967-independent-valuation/#post-4475471 Mon, 24 May 2004 21:55:52 +0000 Good advice everyone.

]]> 29e0c1b0812162de0591d0af810276ed 1HotValuer replied to the topic First investment property in the forum General Property https://www.propertyinvesting.com/topic/4373953-first-investment-property-5/#post-4475395 Sun, 23 May 2004 22:48:57 +0000 Depends if you want to keep working or retire young and rich.
Meaning, capital growth property is more than likey to be negatively geared (keep working) or high rental return property CAN be cash flow positive which leads to early retirement. I like the country areas or anything +cf. I have many properties in country areas.
I wouldn’t trust a…[Read more]

]]> b4f562a0b322059c109b59626083c58c 1HotValuer replied to the topic Residex Reports in the forum General Property https://www.propertyinvesting.com/topic/4373930-residex-reports-2/#post-4475220 Sun, 23 May 2004 22:41:29 +0000 I didn’t know Residex had rent reports, we use Residex for sales information.Could be helpful. I use Property Investor Magazine for generalised rent values across Oz. Or realestate.com.au for asking rents in any given locality.

]]> 49eee2d70295dcd0e1a682f8df104bae 1HotValuer replied to the topic Commercial Deal - Scenario in the forum Help Needed! https://www.propertyinvesting.com/topic/4373925-commercial-deal-scenario/#post-4475181 Sun, 23 May 2004 00:58:06 +0000 If you have $150k you are better off buying a commercial office in St Kilda Melbourne with a 10% return all to yourself.
As to the childcare centre deal, how much of a return is that to you?

]]> d2b74e95135865c1958aa292462c2633 1HotValuer replied to the topic High Yield Properties in the forum General Property https://www.propertyinvesting.com/topic/4373869-high-yield-properties/#post-4474793 Sat, 22 May 2004 23:35:31 +0000 There are at least 15 suburbs in Australia that I know of that have returns of 10%. I’m not arguing this point any more. Je suis fini.

]]> a931cf7aed330350cf7de8929e830ad1 1HotValuer replied to the topic High Yield Properties in the forum General Property https://www.propertyinvesting.com/topic/4373869-high-yield-properties/#post-4474791 Sat, 22 May 2004 23:24:32 +0000 Except with Rotorua, I suggest buying sight and smell unseen !
Go you good thing.

]]> 81532a6a02a0f8a3ab3a3ddd6c3aafe0 1HotValuer replied to the topic Skyview WA in the forum General Property https://www.propertyinvesting.com/topic/4373885-skyview-wa/#post-4474936 Sat, 22 May 2004 22:02:24 +0000 Slowly..but surely..I’m getting it Elvis.

]]> b53f8a383f047b6ead15e6cf7af84e00 1HotValuer replied to the topic Will a bank valuer ever check a r/estate val? in the forum General Property https://www.propertyinvesting.com/topic/4373918-will-a-bank-valuer-ever-check-a-restate-val/#post-4475139 Sat, 22 May 2004 21:56:21 +0000 Misty,
no I don’t check with the real estate, I expect all clients to tell the absolute truth !! and besides, I don’t think anyone would make up an appraisal????!!!.
We always ask because sometimes we have no flipping idea what it’s worth ![confused2]

]]> 49aa087e33211b2e6928e0d671d80fd2 1HotValuer replied to the topic Skyview WA in the forum General Property https://www.propertyinvesting.com/topic/4373885-skyview-wa/#post-4474934 Sat, 22 May 2004 08:37:16 +0000 Great website, if only I could work out how to zoom in !
I wonder if there is a website like that for QLD.
Thank you.

]]> 56fca383924ba35a080f6a06c106ef8d 1HotValuer replied to the topic Innisfail Area in the forum No Subject https://www.propertyinvesting.com/topic/4373905-innisfail-area/#post-4475054 Sat, 22 May 2004 08:17:55 +0000 Good area for capital growth not so good for +cf.

]]> bbc3b40d8af09267a7df9449c6a6fa62 1HotValuer replied to the topic High Yield Properties in the forum General Property https://www.propertyinvesting.com/topic/4373869-high-yield-properties/#post-4474788 Sat, 22 May 2004 07:42:07 +0000 The question was asked about yields. Yes there are plenty out there.
Investing in real estate does not equate to the stockmarket.
Mount Isa is showing high yields. Although we are not talking capital growth, I do believe I have answered the question.
I don’t personaly care about capital growth at all, it is irrelevant because I am buying and…[Read more]

]]> 46dc8a21ecaf9475e6a188d6eb4de7a1 1HotValuer replied to the topic I am an agent of Neil Jenman, apparently. in the forum Opinionated! https://www.propertyinvesting.com/topic/4373754-i-am-an-agent-of-neil-jenman-apparently/#post-4474052 Fri, 21 May 2004 05:11:49 +0000 I had been applying the rules in Steves book for many years before he wrote it and trust me it still works today. The 11 second rule is what I swear by, there are plenty of properties out there. Get off your proverbials and go find them.

]]> d065e458068ec079f83e2ed144dbad54 1HotValuer replied to the topic <snip> in the forum General Property https://www.propertyinvesting.com/topic/4373636-snip/#post-4473037 Fri, 21 May 2004 05:02:24 +0000 Nice haircut <snip>.

]]>