[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

March 2, 2014 - 11:11 pm

Newbie,

Congratulations on setting your mindset to take control of your financial future through property investment.

For me education is the key before you make your first purchase,what is your 5,10,15 yr plan etc.

Also as you start find a mentor you can trust who has done what you are hoping to do,good luck!!

little link below may help…

http://www.realestate.com.au/blog/6-steps-to-getting-started-in-property-investment/

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

July 13, 2013 - 12:33 am

Jenni,

Have been talking to a few local property managers and have been looking at new builds in the new estates in north east part of the city towards the race track

Regards

Coota

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

June 15, 2013 - 1:00 am

How much on average would the water rates be??

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

June 13, 2013 - 2:51 am

Heinz

Have looked at flood maps and location looks ok as it is closer to Logan River Rd than actual Logan River…

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

June 10, 2013 - 5:20 am

Richard,

Been looking at Waterford…

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

June 10, 2013 - 3:56 am

Richard,

Looking at a buy and hold property-

 Property is 4 yrs old

4 Bed 2 Bath 2 Car 340k

Rent return $380-  $400 p/w

500 sq mtr block

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

June 10, 2013 - 3:17 am

Nigel,

Any thoughts on the areas of Waterford & Loganlea??

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

June 10, 2013 - 2:40 am

Budget is 320-340k

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

January 27, 2013 - 11:10 pm

Terry for the purpose of the post I didn't put in all the detail that I included in my Letter of Offer to the agent which of course included-finance approval,building inspection,bank valuation,settlement of 30 days and offer expiry of 2 business days.

As has been mentioned in this post its just frustrating that agents think you can be bullied into signing a contract and that the offer is close to vendors asking price also so the agent can see I am making a very genuine offer

Michael

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

January 27, 2013 - 9:38 am

Sorry all property is in Melbourne

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

January 21, 2013 - 10:10 am

Scott

I was leaning towards ground floor unit as it has approx 20 sq mtrs extra living area with an outdoor deck area also.

Double storey unit has living area on top level including a small balcony area which I think was designed to take advantage of views to the city 

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

January 21, 2013 - 9:15 am

Shahin,

Unit details are below

Ground floor unit

*Living Area 64 sq

*Garage 22 sq

*Deck Area at the back of property approx 25 sq

Double Storey

*Living Area 48 sq

*Garage 22 sq

*Smaller living area with land area at front of property facing roadway(not usable IMO)

Both properties are same price

Coota

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

December 13, 2012 - 10:44 am

Albro,

My report came up with a confidence score of 2 which is very high,relevant local sales came up with 10 relevant previous sales.

Regards

Coota

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

December 13, 2012 - 9:18 am

Albro,

I have Investar  Search and My Valuer valued my property at $670-$750k with a bank valuation coming in at $760k some 3 months ago.

IMO that's reasonable close to bank valuation,but in saying that bank valuers are generally on the low side..

Regards

Coota

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

December 9, 2012 - 9:39 am

Jamie/Terry

What would I be looking at with fees-charges per hour etc

Coota

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

December 8, 2012 - 9:25 am

For those that use the old fashion way(folders with tab sections)what do you have filed under each section

eg Bank-interest accounts etc

Cheers 

Coota

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

October 28, 2012 - 11:36 am

Freckle,

Thanks for your sharing of your spreadsheets as I am hopeless with Excel formula's

Cheers 

Coota

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

October 26, 2012 - 10:48 am

Anyone else like to share their spreadsheets in general?.

Regards

Michael

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

October 23, 2012 - 7:47 am

Jamie,

Property is a new 2 bedroom unit so not much chance to add value in that regard with any renovations thus the strategy to rent out a look for future growth to release equity down the track.

Regards

Michael

[CootaParticipant@cootaJoin Date: 2012Post Count: 49]

October 22, 2012 - 6:54 am

Xarp,

Have just used this tool online from your link and it’s fantastic,I would suggest other forum user give it a try before they dip into their very shallow pockets….ha ha!!

Regards

Michael