Ajax wrote:
Crashy,your comments above do not seem to sit too well with what you have to say as a a qualified Financial Advisor on your Posigear Instiute web-site 

Those comments were made in mid 2003, and it should be quite obvious by the economic conditions listed. I dont recall many posters on this forum being as pro shares and anti pro…[Read more]

foundation…….

I believe those who recommend to stay away from an asset should be just as accountable as those who recommend to buy an asset. If an advisor told you to buy shares in some company with a chart looking like it took a cliff-dive, you would be yelling and lodging complaints with ASIC. Yet these people have done the opposite, and…[Read more]

if you believe these clowns, the property market is doomed.they have spent the last 2 years convincing each other the sky is green, when its obvious its blue.http://www.aussiestockforums.com/forums/showthread.php?t=1977&page=77I pity the poor fools who have listed to this nonsense over the last few years and missed out on one hell of a ride.…[Read more]

Redcliffe…..

12 months ago a cheap reno house was 200k……..I got one 6 months ago for 250k……..now a cheap reno house is 300k…….if you can get one.

nobody thinks theres any value in Sydney?

That stuff is good, but expensive.

If you have more than 10mm difference, spread some concrete around the area, use a screed to make sure it does not end up higher than it should. If you have more than 5mm difference, use mortar mix instead.

then hopefully you have 2-3mm difference, and will only need a small amount of leveller.

I tried to…[Read more]

Hi PatI might be interested in buying. please email me detailsnonasmall at gmail.comcheers

I had a dodgy mortgage broker once……………..ONCE. AFG. If your mortgage broker isnt calling you OFTEN, even if its just to say "nothing to report, but we are on their backs every hour or so", get a new one. Its not your responsibility to manage the situation, thats what you pay the broker for (through trailing commissions the bank passes…[Read more]

congrats!I remember being in exactly your position 2 yrs ago.Dont hire a gurnie, you can buy one for $69 from Bunnings. trust me, you will use it plenty. you need to accumulate all the tools you can. You will find tool hire is between 33% and 50% of tool cost, an outrageous rip off. I was quoted $40 for a recipricating saw for one day. bought one…[Read more]

sounds like you have it sorted.

I used to shop around a lot, but in the end found it was better to get everything from Bunnings. get a trade card, saves you 5% on lots of things.

auctions are good, as long as you bid until you get everything you need, even if not the price you want. I used to go every week, winning one or two items. your time is…[Read more]

You could offer to pay for the extra work done.

Ask him what amount would make him happy and tell him you will think about it. Make sure he knows how happy you are with the work, sometimes thats more important than making a big profit. He will be sure to remember you next time.

You should be commended on your attitude to this tradie. Most people…[Read more]

Ive just discovered a show on the Biography channel called “flip this house”. No idea why its there and not on lifestyle.

Also a confessed addict of Property Ladder. Sarah Beeny is my idle

I watch a bit of “real reno’s” which is more about builder / client relations, not much useful tips.

“Holmes on Homes” tells me how to do a job properly,…[Read more]

foundation wrote:
would you expect these $25k of improvements to add $75k to the sale price?

no. more likely $30k – $50k

Old property addage – you make money when you buy, not when you sell. You have to buy below market value. The reno’s purpose is to increase appeal and value. Run-down houses are hard to sell which means they go stale and…[Read more]

Hi F

my experience is not extensive. I only do renos on my PPOR so tax is not an issue. I do however watch every stinkin real estate show on the lifestyle channel which helps a lot.

Repainting is the most efficient improvement you can make. Better still if you do it all yourself. Would rate this as a 4:1 return.

new door handles – 2:1 -…[Read more]

I have just completed a $100k reno. However, I did all the work myself and only spent $27k in materials. Thats just as well since I only added $100k value.

Point is, dont spend $1 unless you know it will add $2 value. Im not sure spending $5k on a carport will add $10k value.

People think you can just throw $50k at a property and it will…[Read more]

If theres no ABN on the invoice then legally you can withhold 50% of the amount. It is an assumption that he ripped you off, and not fact. Get more info.Moral here is: dont delay when something needs to be fixed. In court I think you would get bent over…..

kingB wrote:
 eg. if your shares cost $15 per share, they may rent it off you for about 60 cents a share times your 1000 shares =$600 cash in account for that month and you do that month in month out.  one catch, the person renting your shares has the right to buy the share at a per determained amount eg. $15.50 so you get the rent as well as t…[Read more]

legal height is the issue.you need 2.4m clearance (allow for batterns, ceiling, flooring) in living areas (bedrooms, lounge, dining) and 2.1m in wet areas (kitchen, bathroom, laundry)council approval is optional but can be dramas with resale & insurance.

1. who says there is a boom?
2. what asset class are you referring to?

as I see it, shares have had a boom and will have a bust. Property is starting to boom and a bust is a long way off.

Jase and Flic wrote:
Does anyone know if you can just put a skim coat of sand & cement over bricks, just enough to fill mortar joints up to flush, then apply a roll on texture coat over that?? I think it would look almost like render, but maybe lots cheaper.Anyone tried this??

all the time. looks the same. costs about $20 for 3 bags of render…[Read more]