PropertyInvesting.com | EdmundSt | Activity https://www.propertyinvesting.com/members/edmundst/activity/ Activity feed for EdmundSt. Tue, 14 Apr 2026 23:20:55 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 9e15c2089429c002c6395aba284f2964 EdmundSt replied to the topic BUILDING COST in the forum Help Needed! https://www.propertyinvesting.com/topic/4410870-building-cost-2/#post-4700207 Wed, 26 Mar 2014 05:06:21 +0000 This is correct. The main purpose of my original post was to confirm whether the estimation on building cost i received via email was close to the mark. I have done the same maths and more as you have pointed out and wanted to confirm if I am wasting my energy…
 

]]> bbf3d981672e9b02f15f366f3ffdf123 EdmundSt replied to the topic BUILDING COST in the forum Help Needed! https://www.propertyinvesting.com/topic/4410870-building-cost-2/#post-4700205 Wed, 26 Mar 2014 04:38:15 +0000 the block is 692m2. Current rough plans are to build 2x ~340m2 townhouses. After already speaking to the town planner, the front townhouse will be approved for double story 3BR. Back town house is only single story and will be 2-3BR.

Have spoken to council and calculated all plans and permit costings. 

New 3BR townhouses in the area are selling…[Read more]

]]> 11c64e90dcf72846f251ed3796a5d908 EdmundSt replied to the topic IP profit / loss? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407868-ip-profit-loss/#post-4679243 Sun, 14 Oct 2012 03:49:37 +0000 Thanks for the response. 
Mortgage insurance from my understanding would be added on to the principle and therefore increase holding cost by roughly $500 for the 6 weeks?

the median house price for the suburb is $850k so I am using hopefully worst case figures. 

If the property does not sell then that would be the joys of property…[Read more]

]]> c7fcdd59223062d93d3ef1c110a46179 EdmundSt replied to the topic IP profit / loss? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407868-ip-profit-loss/#post-4679237 Sat, 13 Oct 2012 19:57:38 +0000 Thanks jacM. 

So iI then deduct my deposit of 35,000, I am left with a net loss of -$12,855.50?

]]> 3ff71ea8eea19e38f0aca81788e0fade EdmundSt replied to the topic Best Investing mentoring program in the forum Help Needed! https://www.propertyinvesting.com/topic/4404773-best-investing-mentoring-program/#post-4656191 Wed, 21 Sep 2011 22:27:42 +0000 Thanks Jamie and Kaylah.My Strategy is definitely cash flow.

]]> b0c02d2baa39a9c5604fb66b60889723 EdmundSt replied to the topic RISING DAMP in the forum Value Adding https://www.propertyinvesting.com/topic/4403546-rising-damp/#post-4647156 Wed, 04 May 2011 12:58:56 +0000 Thanks for the responses.It is 1 of 4 units

]]> 3442a6bba2c3bc371ff52d1d986e977c EdmundSt replied to the topic RISING DAMP in the forum Value Adding https://www.propertyinvesting.com/topic/4403546-rising-damp/#post-4647153 Wed, 04 May 2011 09:52:05 +0000 Scott No Mates wrote:
hmmm, sorry to break the news but restumping won't solve a rising damp issue. Just because you didn't get a building inspection doesn't stop you getting one now to get a scope of work & to quantify your costs. If the ip is a unit, why aren't the rectification costs to be borne by body corporate from the sinking…[Read more]

]]> dd332b5b0c504571729ecf4d94ec06ab EdmundSt replied to the topic USA investor from Melbourne in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402151-usa-investor-from-melbourne/page/2/#post-4637905 Tue, 01 Mar 2011 10:04:09 +0000 storrma wrote:
Hi Im keen on US property as well  .Im off to "myusaproperty" meeting  on Monday for a bit of fact findingId be keen to chat with other like minded investors im in Ivanhoe Melb (not far from hawthorn) 

How did you meeting go? What are your thoughts on myusaproperty?

]]> c0a08e5b0f698215c959d2d36eedc76a EdmundSt replied to the topic Property in the USA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402468-property-in-the-usa/page/2/#post-4639741 Wed, 09 Feb 2011 04:49:50 +0000 Paying with cash for 1st property.I would rather spend $1500 on flights / accom and personally head over to the US and talk to banks about the possibility of getting a loan than paying a $4400 fee

]]> 65068d4675850b8574369a8fd823e8e3 EdmundSt replied to the topic Property in the USA in the forum I looked at LoansUSA. The https://www.propertyinvesting.com/topic/4402468-property-in-the-usa/page/2/#post-4639739 Mon, 07 Feb 2011 22:52:00 +0000 I looked at LoansUSA. The $4400 fee (for non MyUSA costumers) was too high for my liking. If purchasing in the lower price range <$50,000, all of these add on fees just decrease my profits and defeats the purpose of purchasing in USA.

]]> 62262c12ff7daa1c11a9e0c7e7940eaf EdmundSt replied to the topic My USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400967-my-usa-property/page/5/#post-4630455 Fri, 14 Jan 2011 23:35:41 +0000 Using LoansUSA suits those who do not have the excess cash or available equity to purchase a portfolio. Personally, my cash / available equity has capped my spending between $100,000 – $150,000. With this being the case, a decision I have to make is to purchase either A) via a lender to maximise the # of IP i can pu…[Read more]

]]> 3347e3ef2358d426182be825ef038b47 EdmundSt replied to the topic My USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400967-my-usa-property/page/4/#post-4630445 Fri, 14 Jan 2011 02:33:20 +0000 Melbourne Girl – May i ask what interest rate LoansUSA offered you and what the purchase price was?

]]> 5848b00b156b6b72d2b3baa672e7e4bc EdmundSt replied to the topic My USA Property in the forum melbourne girl wrote:Also, https://www.propertyinvesting.com/topic/4400967-my-usa-property/page/4/#post-4630444 Thu, 13 Jan 2011 23:00:57 +0000 melbourne girl wrote:
Also, Melinda at Loans USA has mentioned to us a number of times now that she has to build a great picture of us here in Australia because they have arrangements with banks that they dont have to have a US credit rating. We have given financials, bank statements and even had a credit file done on us.I would call her, she is…[Read more]

]]> 2a3fba8cc924766910f3c05e0ab1e62b EdmundSt replied to the topic Finding IP no 2 in the forum Help Needed! https://www.propertyinvesting.com/topic/4402368-finding-ip-no-2/#post-4639228 Wed, 12 Jan 2011 10:49:44 +0000 Jamie M wrote:
Hi LuluI recently read Margaret Lomas's book "20 must ask questions" – she has developed some great criteria for identifiying potential growth areas. I think it was only $20 from Big W – a bit cheaper than $2k!CheersJamie

Could not recommend this book highly enough. Great source of information that has helped over the…

]]> 97327d6f4d089b3f5deae52b36d81491 EdmundSt replied to the topic USA investor from Melbourne in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402151-usa-investor-from-melbourne/#post-4637889 Mon, 13 Dec 2010 01:08:47 +0000 simon87 wrote:
I work in Hawthorn so anywhere around here is great. Would been keen to hear your experiences Nigel as long as you dont try and sell me a gold membership. Haha. Only joking.Im at work Mon-Sat so anyday and time is good for me.

How does Thur lunch on Glenferrie Rd, hawthorn sound?

]]> e26e5dbf9ee2c7fb1232b8992b56de73 EdmundSt replied to the topic USA investor from Melbourne in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402151-usa-investor-from-melbourne/#post-4637887 Fri, 10 Dec 2010 07:17:45 +0000 NHG wrote:
I'm kinda roaming at the moment, but am free after the 24th of Dec. I know it's a bit far (and into the hols) but would love to meet up and discuss all that is property.

sounds good NHG – be sure to msg me and we can organise a catch up anytime from Jan 3

]]> 710d604f6935e69a84ea9f6f946f6688 EdmundSt replied to the topic USA investor from Melbourne in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402151-usa-investor-from-melbourne/#post-4637883 Thu, 09 Dec 2010 07:26:58 +0000 Hey guys,I live in Hawthorn. Send me a PM on what days / times best suit for a catch up and we'll take it from there. Maybe we can organise a group catch up. Nigel, from your background and experience, it would be good to hear your thoughts on the topic.Cheers

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