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  • Profile photo of bribiebribie
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    @bribie
    Join Date: 2003
    Post Count: 67

    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

    Profile photo of bribiebribie
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    @bribie
    Join Date: 2003
    Post Count: 67

    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 help.
    bribie

    Profile photo of bribiebribie
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    @bribie
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    Post Count: 67

    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

    Profile photo of bribiebribie
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    @bribie
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    Post Count: 67

    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 is taking over two weeks even before it gets to the banks and the last application meant that we had to seek extension of time for our finance.

    Bribie

Viewing 4 posts - 61 through 64 (of 64 total)