Cobra8272

To me, another important thing to consider is the lease term. You mentioned a two year lease – is there further options of another two years? If this leasee was to vacate at the end of the two years, what uses could be made of the building? Many questions need to be asked and considered.

Bribie

Thanks TerryW. I have been dealing with one of the big 4 and they are insisting on proof of strata titling otherwise they would value the 4 residence on one title therefore much lower valuation than needed. Valued as 4 seperate strata residences not a problem if can satisfy strata title issue.

Have been suggested to seek presale of one or two my…[Read more]

Hi Feathers,

We have raised and slid Queenslanders and postwar homes in Brisbane. We used a house removalist Rick Morris but there are quite a number who do this. You will also need plumber, electrician, draftsperson, Council fees etc. Cost will depend on size of house, number of stumps etc but $15K+ is probably a starting area.

Bribie

SlowBoy,

Bank and brokers are the real hinderance to wealth creation. We too have had poor service from brokers particularly now as our portfolio starts to grow and with everyone jumping on the bandwagon to get rich through property, I think our broker thinks that many small fish are better than one larger one. After all, its a numbers game. It…[Read more]