Forum Replies Created
Ok, I'll bite, I'm real smart like that
So, Freckle, are you discounting manufacturing and food?
I found a website (I too have access to Google) http://www.tradingeconomics.com/australia/exports I won't cut and paste the graph, people can look at it there. According to this site, manufacturing and food exports make up 33% of the total. with coal and oil 18% and 9%. So who's to say that after the horse meat lasagna thing our beef exports don't start heading up? Whose to say that in a few years Australia replaces the falling demand in the mining market with food exportation?
China is a large market at (once again according to this site) 27% of our export market. So what about the other 73% of countries buying our product?
Also do you think that tomorrow no one will buy they gold we are digging up? Really?
D
DWolfe | www.homestagers.com.au
http://www.homestagers.com.au
Email MeGood call Derek on the sleep at night thing….!
Shell, it's really my pleasure to chat to people such as yourself, you really take the knowledge you get and run with it! So many others would get advice and never do anything with it.
It's great to see you traveling on your property adventure. I'm sure you'll begin to tackle things outside your comfort zone and adding more to your already winning portfolio, but it's a matter of working up to it.
And congrats on picking up another cash cow!
Cheers
D
DWolfe | www.homestagers.com.au
http://www.homestagers.com.au
Email MeThanks Babyflynn
It's one of those jobs that's going to depend on if you do it, or a builder and how much floor you have to re-do. It's not the worst job, and depending on the amount of floor it may not cost the earth, but check it out properly.
As Kate said above, if it's stumps, just start jogging quietly in the other direction.
If it's up for auction and you are serious, still pay for the inspection, it's a cost of doing business correctly. Even if you miss out on it at auction, or decide you don't want it as the termites are still crawling it's well worth the small sum. Better to burn $500 than $5000 or more…..
Cheers
D
DWolfe | www.homestagers.com.au
http://www.homestagers.com.au
Email MeHi all,
Babyflynn, have you had your own pest inspection done? I'm a bit concerned that you have written 'the agent disclosed, and another purchaser' what about a proper pest inspection, what has that told you?
The problem with relying on other people rather than your own experts is that, as others have said, it could really cost you big time.
I did purchase a property with termite damage (vic) however the damage was minimal and the termites had been treated 5 years previously and were not active at the time of purchase. The agent disclosed nothing, the termite damage was found during our building and pest inspection which we paid for.
The only properties I don't pay for building and pest inspections on are ones I'm going to knock over!
Other than that, if you get an inspection done, and they say the damage is just in the boards, and an easy fix (you can replace the floor boards with particle board flooring and stick carpet or floating floor boards over the top) then maybe there is an opportunity for you to negotiate a good price. Just please do some more homework
Cheers
D
DWolfe | www.homestagers.com.au
http://www.homestagers.com.au
Email MeHey Shell,
Good to see you are on the buy wagon and have moved through the paralysis part!
My 2 cents.
Are you definitely going to see see capital growth out of this property? If it's losing you 3k (I'll use Dereks figures) per year then every year you hold it the value really needs to go up 6k per year, so you cover the loss and have a profit. Could you make the 3k profit per year out of another cash flow + property?
You said your PPOR has gone up heaps – does this mean that the area is still seeing a good growth, or will this growth now slow?
Lastly if your onto a winner (buying cf+) and you are growing your portfolio, do you have to change what you are doing?
As far as the deal goes, I'd stick to my guns, having early access is a legit request especially through a licensing agreement, you're paying more, why should they care. Remember when you deal with something like a Church or other organization you are essentially dealing with a committee, it's always going to be a bit more painful.
Hope this deal works out for you in the best possible way
Cheers
D
DWolfe | www.homestagers.com.au
http://www.homestagers.com.au
Email MeHi all,
Thanks for the great comments!
Sorry Tracey I have no idea about days on market.
Fredo – what you no like Hawaii? lol! The house is very neutral, so I figured spice it up with some colour. They didn't show the Master bedroom which was done in crisp white and teal with some silver bling. And there was also a kids room with a mini Eames chair replica and train track
Joe – It's generally about $2500-$3000 from what I see most people charging.
Freckle – those pics are from another of this developers projects, I didn't do the staging on that. It probably got 'floated' on the market during construction, it was still being finished when I got to it and I had to work around painters etc doing touch ups.
It would be interesting to know whether the buyer saw it previous to the listing that went up on Thur, but I don't think we'll ever find out. The main thing is that the product is great, it's well finished the advert is good and it sold!
And nope I don't put white goods in, you can never win on WG, everyone has an opinion on the brand, the colour, if it doesn't quite fit the space it looks funny etc, etc. Most people see a fridge cavity and can guess the rest.
Thanks again everyone, hope it gave some people some good ideas!
Cheers
D
DWolfe | www.homestagers.com.au
http://www.homestagers.com.au
Email Me
