Hey everyone,I've got one seat left in the backseat of my car for my tour round to see some properties…..I'll point them out to you as we drive! Yeah they are all mine!This doesn't seem like the best way to spend upwards of 30k. I'm all for education and spending money on investment…but geez!A fool and his money are soon parted DWolfe…

Hi,Wow you are trying to do it all! When you say you have been quite reasonable does that mean 'really cheap'? Have you found a tenant? The Real Estate Institute Site is a good start for information for landlords. If tenants are in a lease the rent cannot be raised, in Victoria you cannot put the rent up more than once in a 6 month period. You…[Read more]

Hi,I just thought I'd put in my 2 cents.I don't know how much demand there will be also as the quest (previous post) seems to be newer and in a better location. Mountain HWY is before the major shopping centre in Wantirna South, Cnr Burwood HWY and Stud Rd. Ask a lot of of questions on this one especially why they are selling. I would also ask…[Read more]

Hi,I would always bargain! I always do, on pretty much everything. If you don't ask, you don't get! And what is the worst thing they can say? No. So no harm done. Don't go crazy with silly prices and you might get a better deal.

Thanks Richard!

Thanks, At least I know I can keep pushing to see what I can get. Is it definitely commercial finance for a four unit dev? I'd really love to do a 4 unit site but I don't know if the pain (finance) will be worth it!Thanks for your comments

Hi,If you don't mind me askingWho are the 95% loans through, one of the Big four? We trying to get our next project going without tying up all our cash in a 10% deposit….. trying to get a residential loan on a 3 unit development is hard work!Thanks

Hi,We used Gravity (based in Blackburn). They were quick and demo'd a mud brick 2 storey for around $10k. A lot of other companies came in around 12 and 14k. You should be pretty right for $6k I would think. Do you mind telling me who you are using as your builder? I'm trying to work out whether we need to shop around more.Thanks