Thanks heaps, people, I think what I’ll do now is call the RE agent to ask if he can get the owners to make a list (or make copies) of all the things they installed, eg the ari conditioner, the kitchen etc, so this will help the QS make a report. It may be worth is, especially if the QS report is deductible. As I understand, correct me if I’m…[Read more]
Hi, I’m interested in the answer to this as well, as I have my eye on a property built in the 1930s. It has a few years old kitchen and laundry, two renovated bathrooms also less than 5 years old. Original timber floor is still there, looks great (no depreciation of course) Would it be worth it to get a Q/S report do you think if I decide to buy…[Read more]
Although this post is a month old now, I just want to say that I’ve been doing a little research on Broken Hill too, since the houseprices are so affordable. But when I discovered that its last mine the Pasminco mine will close in 2006 I lost interest. Because doesn’t Broken Hill depend mainly on mining? Or do you think it can survive on tourism…[Read more]
I’d find it risky to invest in an area that really depends on just one industry. If anything happens to the mining over there, the place might turn into a ghost-town.
Just my 2 cents worth.
We’re in the process of buying our first IP in our own name. It’s not clear to me why it is not a good idea to buy properties in your own name. I kind of like to keep things as uncomplicated as possible[].
What do others think about this, is this just being too ‘simple’?
Regards, CVZ