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  • Profile photo of ccpatccpat
    Participant
    @ccpat
    Join Date: 2010
    Post Count: 9
    September 12, 2012 - 10:47 am

    thanks for your suggestions guys

    have rung a few RE and asked for their opinions, the consensus was it doesn't make too greater a difference value wise only about 5k to 10k although cladded seems to help on sales day

    Cheers 

    ccpat  

    Profile photo of ccpatccpat
    Participant
    @ccpat
    Join Date: 2010
    Post Count: 9
    September 11, 2012 - 12:44 pm

    thanks for your feed back guys,
    the reason for wanting to know the value difference between cladding or painting is because we are looking to get a valuation done after reno  and if we get a decent valuation hopefully some instant equity that we can redraw on to buy next IP.
    We plan to keep the house and rent it out… price we paid  for property was  was 252k owe the bank 220K. . I sort of thought valuers would go painted fibro is worth X whilst cladded is worth Y

    Cheers
    ccpat

    Profile photo of ccpatccpat
    Participant
    @ccpat
    Join Date: 2010
    Post Count: 9
    June 21, 2011 - 5:44 am

    Hi I have been reading the forums for the last few months now and have found them very helpful

    My husband and I are looking at buying an IP in Logan Central QLD and are quite amazed how much the prices have dropped and how quickly offers are accepted, to the point that I fear we are missing something. Can anyone explain whether it is good or bad to be buying in this area right now.. It seems to be all the houses that are for sale belong to investors, why are investors fleeing the area, are we wrong in buying in that area. . . hope someone can shed some light for me as I feel I'm In the dark making decisions.

    Cheers
    ccpat

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