Hi, a few questions if you don't mind. I only have one away from me but I use a property manager. I self manage some of the closer ones.I know Perth management fees are pretty high compared to other places.The tenants will have your mobile number for emergencies? How will you do inspection reports?How will you handle maintenance issues from…[Read more]

alfrescodining wrote:
Would anyone recommend brick cladding?

No! No! No!We used Hog Bristle on the outside walls for our last fibro place with Hog Bristle Quarter for the windows and trims. White can yellow over time. We like it. We use Hog Bristle quarter inside on the walls too.

An interior designer and builder for a studio reno? sounds like a bit of overkill for one room.What were you thinking of doing? Bathroom? stip out or tidy? New kitchen? moving walls? flooring? That will determine who you need to contact re council, strata. Strata covers building insurance (including public liability in common areas). Landlord…[Read more]

Clear the trees, put a nice picket fence, paint it a warm colour with contrasting window frames and eaves, clean the roof (maybe respray?), new door. Can't see the driveway but do something with that if ugly. .I think that will make a vast difference and not cost a fortune.

waydo77 wrote:
just got an email for a discount on dean and elises, program for nearly 50% off, dont think ill take it up but has anyone done this course? what are your thoughts? cherie gets the nod for now i think, just hope she doesnt sell other components after the course, like to do this renovation I would recommend buying my tradie access…[Read more]

I went to a couple of hours talk with the Reno Kings. Hated it. All that screaming, hype stuff. I couldn't stand  weekend of it. In the scheme of things I don't think Cherie's course is that expensive. You'll make ten times that on your first reno. Go it alone and you could lose ten times that. Not saying you can't do it alone but I think you…[Read more]

We are thinking of doing a few buy/reno/sell. We have done a few buy/reno/hold and have made very nice capital gains. If we had sold any we would have made a nice profit for 5 weeks work. These are bread and butter properties. So we figure moving into the next price bracket will net us some great profits. You definitely learn as you go and I'm…[Read more]

A friend of mine just did it. I was thinking about it but I had too many things on. She said it was great. Very detailed and she has many proformas and gives specific details about what to look for, how to research and area etc.I've heard her speak a few times and she seems to really know her stuff. If I was going to do a renovating course, that…[Read more]

DWolfe wrote:
Cut back on groceries to pay mortgages – what a great idea. Hear me out, firstly, obesity epidemic, might reduce that. Secondly food wastage. We've cut back on junk, basically quit drinking alcohol, and make sure we use up all the food in the fridge. I'm happily cutting back on the food bill, fresh fruit and veg is cheaper and…[Read more]

I looked at buying a house once and the back corner of the house was very close to the fence line. After investigation it turned out the house was never passed by council. I pulled out. The solicitor rang me a month later to say it had been passed but I had already put a deposit on another house. I'd say (unless there are major defects) that…[Read more]

Hi danis. No one can tell you what or where YOU should buy. My advice is to know what YOU want from buying property. ie what is your end goal? This (combined with your current situation) will determine what and where you buy. The mistakes people make are not doing the above. People get it in their head to buy a property because it seems like a…[Read more]

Doing calculations is one thing. Getting the approval is another. Just because it's big doesn't mean you can subdivide it. That is where most people come unstuck. Every block on RE.com over 900sq these days has "subdividing possibility (STCA)". Unfortunately only a small % can actually be subdivided.

Yeehah!!! CF+.  Retirement here I come.

Just buy any of the popular magazines. They run articles on top places for CG, yield etc every few months.

I feel you are going to greatly restrict yourself by looking for a house that is double brick, with a tin roof, with aluminium windows and tiled floors.We have units, villa's and houses (of all materials (brick, timber, fibro), some with carpet, some polished floorboards, some tiles). No one stands out as far as needing more maintenance.…[Read more]

I think you are going about this the wrong way. You buy property ( or ANY investment) to make money. Remember to get a tax deduction you are LOSING money.
Yes you can lower the rent. You could even let someone live there rent free, that way you’d save heaps of tax.

Some people do negatively gear but they assume the capital gain will compensate…[Read more]

The above information is incorrect I believe. If the tenant is on a fixed lease you cannot make them vacate. They have an agreement (lease) that says they can rent rhe property for the time stated. Its a contract. You could offer compensation if they do agree to terminate the lease.

Why is everyone asking to email pictures? Just put them here for everyone to see. Can I ask how you got the price comparison? A link to the property would be nice.

I love traveling too. Had to count after Jamies post. I’m up to 29. Adding a few every year.
I love cruising too. Tried river cruising last year. Love it. Different from the big ships. Although I do like them Aldo.

We’ve been busy spending a few months a year renovating. Thats kept us pretty busy. We dpend 5 weeks flat out renovating then i like…[Read more]

Hi I tried to reply to your private message but your settings won’t allow me to send you a PM. Please change them and I’ll reply next time I get Internet.