PropertyInvesting.com | emz03 | Activity https://www.propertyinvesting.com/members/emz03/activity/ Activity feed for emz03. Sun, 12 Apr 2026 03:09:42 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 76a9cd383d41e7d3b204402687d3a5f4 emz03 replied to the topic Sack the Property Manager in the forum Help Needed! https://www.propertyinvesting.com/topic/4410074-sack-the-property-manager/#post-4695116 Tue, 01 Oct 2013 06:09:51 +0000 I sacked my property manager and didn't have any issues. You just need to give them notice.

As for insurance charging more – I didn't find this at all, in fact it was actually cheaper when i switched providers haha.

Check out this blog post on managing your own property:…[Read more]

]]> e226c7adb8adf79d4666f89b37030304 emz03 replied to the topic Buying off the plan 2 bedroom apartment in Brunswick in the forum General Property https://www.propertyinvesting.com/topic/4407087-buying-off-the-plan-2-bedroom-apartment-in-brunswick/#post-4673476 Fri, 13 Jul 2012 03:07:15 +0000 i'm always wary of investing in apartments where there is a lot of stock. with 150 apartments in the building the value of your property will be dictated by others sold in the building. not to mention if you want to re-sell/rent out then you will be competiting with other apartments in the building that are most likely identifcal to yours.also,…[Read more]

]]> d691f4fce6e323b5e324925806eddeb2 emz03 replied to the topic renovate the kitchen or not? in the forum Creative Investing https://www.propertyinvesting.com/topic/4407029-renovate-the-kitchen-or-not/#post-4673030 Fri, 13 Jul 2012 03:04:37 +0000 not only will you get more $ from rent having a decent kitchen but you'll also increase the value of the property.

]]> 15b85b9dee1612c9f357c70c000261cf emz03 replied to the topic Will adding landscape to property make it worth more in the long run? in the forum Creative Investing https://www.propertyinvesting.com/topic/4406495-will-adding-landscape-to-property-make-it-worth-more-in-the-long-run/#post-4669038 Sun, 01 Jul 2012 07:15:52 +0000 it comes down to first impressions…you want to wow people (and especially valuers) before they step foot inside the house. not to mention un-landscaped properties tend to look unfinished.

]]> fbbe36a5675651fc1499c962a1d3840f emz03 replied to the topic Project Development in the forum Help Needed! https://www.propertyinvesting.com/topic/4407000-project-development-2/#post-4672744 Sun, 01 Jul 2012 06:59:22 +0000 The chances of re-zoning is likely to be slim to none. The advice I have always been given regarding local council is to work with them, not against them. In other words find out what they want and then deliver it – makes for a much easier process when it comes time to lodge for approval.I have a ton of info on subdividing and some basic feaso…[Read more]

]]> da016db920f6e668c232494e5eb0ed59 emz03 replied to the topic What software do you use to manage your IPs? in the forum i found a pretty good https://www.propertyinvesting.com/topic/4406855-what-software-do-you-use-to-manage-your-ips/#post-4671802 Mon, 18 Jun 2012 23:38:06 +0000 i found a pretty good spreadsheet online that i use – just plug in the figures. can email it to you if you like?

]]> b38fa4b3c714820a9f5d69aee7a0e0cc emz03 replied to the topic Dallas, VIC 3047 in the forum Help Needed! https://www.propertyinvesting.com/topic/4406878-dallas-vic-3047/#post-4672017 Sun, 17 Jun 2012 10:13:00 +0000 I had some suspicions that it may have been a housing commission area and i was right. not sure if there's any plan to relocate the housing commission in the future.

]]> aad5cc947c5aa7d628175fdbd6ec7634 emz03 replied to the topic Property Blogs in the forum i started a blog following https://www.propertyinvesting.com/topic/4401679-property-blogs/page/2/#post-4635049 Sun, 17 Jun 2012 10:05:40 +0000 i started a blog following my foray into the world of investing, you can follow it here – http://www.mypropertyjourney.com

]]> a4ae429a313f346180edc9c6df0933ae emz03 replied to the topic Dallas, VIC 3047 in the forum I'll be honest I'd never https://www.propertyinvesting.com/topic/4406878-dallas-vic-3047/#post-4672016 Sun, 17 Jun 2012 09:48:39 +0000 I'll be honest I'd never even heard of it before you posted here and i've lived in melbourne nearly my entire life!!I've done a quick look on a few websites and by all reports the median price is around the early $300s for a house which def seems cheap for that area (considering surrounding suburbs). I'm wondering what could be wrong with it haha…[Read more]

]]> fdf1f4d3cfc9b5433d6d9cc67189bfab emz03 replied to the topic NRAS in the forum Help Needed! https://www.propertyinvesting.com/topic/4406634-nras-4/#post-4670142 Fri, 15 Jun 2012 05:02:42 +0000 hi newbiebeginner,i recently wrote a rather lengthy post on NRAS and the positives and negatives surrounding this kind of investment. you may find it helpful – http://mypropertyjourney.com/2012/05/20/what-you-need-to-know-about-nras/

]]> 46b23692fddb65e528996ed4bd479745 emz03 replied to the topic Land tax in the forum Help Needed! https://www.propertyinvesting.com/topic/land-tax-29/#post-4671814 Fri, 15 Jun 2012 04:58:32 +0000 I thought you had to own a certain amount of property (i.e. total over $600k accumulated) to beeligible for land tax i.e. total over $600k? or have you already reached that threshold?Out of curiosity is land tax worked out on a percentage or is it a flat rate?

]]> d34c05e0c18d265849dab4911b2b9e39 emz03 replied to the topic Seeking Mentor in Sydney in the forum Amit - there's a great https://www.propertyinvesting.com/topic/4406826-seeking-mentor-in-sydney/#post-4671624 Fri, 15 Jun 2012 04:53:05 +0000 Amit – there's a great website called meetup.com i've used it to find groups of like minded people in melbourne. you may find it useful :)

]]> 4f63df03c5ed992d181ef234751728b6 emz03 replied to the topic Corio in the forum Opinionated! https://www.propertyinvesting.com/topic/4406509-corio/#post-4669142 Sat, 05 May 2012 22:07:24 +0000 thanks for that, there was some great info floating around.

]]> ac493bd49137002c42907a524d9cb592 emz03 replied to the topic Speaking event in Melbourne on 28th Feb 2012 in the forum Heads Up! https://www.propertyinvesting.com/topic/4405868-speaking-event-in-melbourne-on-28th-feb-2012/#post-4663774 Sun, 25 Mar 2012 10:02:14 +0000 For those of you who didn't get the opportunity to see Nathan in Melbourne, you can find a re-cap on my blog: http://mypropertyjourney.com/2012/03/04/i-is-for-initiative/Cheers,Emma

]]> 5c8c2280c6367ae61f6067e75f712392 emz03 replied to the topic How to work out if I can subdivide a large block ? in the forum Value Adding https://www.propertyinvesting.com/topic/4405634-how-to-work-out-if-i-can-subdivide-a-large-block/#post-4662122 Tue, 17 Jan 2012 07:23:21 +0000 First you need to find out if you can obtain a permit – which means you need to speak to your local council.

]]> 77d40bd2477c9c3d149cdc05210819bc emz03 replied to the topic Pricefinder VS RP Professional in the forum Help Needed! https://www.propertyinvesting.com/topic/4405602-pricefinder-vs-rp-professional/#post-4661812 Sun, 15 Jan 2012 04:19:46 +0000 if you're in victoria don't bother with either. with new privacy laws introduced they are pretty much useless.

]]> 4359aa116b18227faaf6834897decc7a emz03 replied to the topic What websites do you use to research areas? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405593-what-websites-do-you-use-to-research-areas/#post-4661780 Sun, 15 Jan 2012 04:17:28 +0000 All council websites are the best for current developments as well as future planning schemes.RP data is another good one.

]]> cb98b8e78b3edd724c1efe58d09d4408 emz03 replied to the topic New Year Moving forward with Investments is hard in the forum Help Needed! https://www.propertyinvesting.com/topic/4405578-new-year-moving-forward-with-investments-is-hard/#post-4661723 Thu, 12 Jan 2012 03:06:05 +0000 i agree with a lot of what everyone has said. sometimes you just have to bite the bullet and go for it. make sure you do your due diligence and are comfortable with your decision but don't over analyse things. there are always going to be better deals out there, we can't win them all but we can make informed, decisive choices.there's some tips on…[Read more]

]]> 604b9a6c2d1932e10e9de06b087a6b8e emz03 replied to the topic Flipping Properties in the forum Value Adding https://www.propertyinvesting.com/topic/4405541-flipping-properties/#post-4661478 Tue, 10 Jan 2012 04:29:16 +0000 very cool richard, thanks for the feedback :)

]]> 14ed5e76a9674376ec7db7d1b8243d30 emz03 replied to the topic Who can determine if renovation is possible in the forum Value Adding https://www.propertyinvesting.com/topic/4405466-who-can-determine-if-renovation-is-possible/#post-4660912 Thu, 05 Jan 2012 10:58:34 +0000 moxi10 is right, i would go to a builder over an architect, since they would be the one actually doing the work. They will have a good idea of what is possible and costs associated. Definitley will need to provide an incentive for them to look at it – I'd pull out the yellow pages and call around, see what you can come up with. Having said…[Read more]

]]> b549098a14daac2db832b0de69cf83f2 emz03 replied to the topic Property Investment Check List in the forum Help Needed! https://www.propertyinvesting.com/topic/4405463-property-investment-check-list/#post-4660848 Tue, 03 Jan 2012 07:45:44 +0000 Denis – your property checklist is quite good for when doing the actual inspection. Do you mind if i put it on my blog list, crediting you of course :)

]]> 679193529042705d38b1110b110e2bca emz03 replied to the topic Property Investment Check List in the forum Help Needed! https://www.propertyinvesting.com/topic/4405463-property-investment-check-list/#post-4660847 Tue, 03 Jan 2012 07:43:50 +0000 Flea – the best thing you can do in terms of ensuring you're paying at market or below is to get an idea of what a similiar property would go for in the same area. Doing comparables is fundamental!

]]> 27eb1e397b50f2e77bd61950c29c791a emz03 replied to the topic Property Investment Check List in the forum Help Needed! https://www.propertyinvesting.com/topic/4405463-property-investment-check-list/#post-4660843 Thu, 29 Dec 2011 12:12:15 +0000 I totally agree clancy, nothing like getting a real feel for a place then visting it yourself. i definitley recommend doing that before purchasing :)

]]> 5d2267bfecd838995ecd840b86725458 emz03 replied to the topic Whats better better: House or Apartment ? in the forum Opinionated! https://www.propertyinvesting.com/topic/4404651-whats-better-better-house-or-apartment/#post-4655340 Tue, 27 Dec 2011 05:23:25 +0000 from an investment perspective the land component of anything you buy is the most important. unfortunately apartments dont offer that in comparison to a house with a backyard.

]]> 2d4614cf8759ace960d16926fb7aa005 emz03 replied to the topic Property Investment Check List in the forum Help Needed! https://www.propertyinvesting.com/topic/4405463-property-investment-check-list/#post-4660841 Tue, 27 Dec 2011 05:21:04 +0000 That's really the next level isn't it? Deciding on what specifics you want in terms of electric vs gas stoves, number of bedrooms, garages etc.

]]> 5fa682e8d7468cf5c2df2b9e9d8e89ae emz03 replied to the topic Adding Value to your investment property Part 2 in the forum I am indeed. I have helped https://www.propertyinvesting.com/topic/4405433-adding-value-to-your-investment-property-part-2/#post-4660591 Tue, 27 Dec 2011 05:17:13 +0000 I am indeed. I have helped numerous people implement these strategies. I personally have implemented buying under market value and am about to purchase off the plan in queensland – a two bedroom townhouse as part of a 44 townhouse development :)

]]> 340a095a5ab7e159c3d97cdd9b15ab3a emz03 replied to the topic Entire Subdivision Flowchart & Costings - Melbourne - Free Downloads! in the forum Value Adding https://www.propertyinvesting.com/topic/4405438-entire-subdivision-flowchart-costings-melbourne-free-downloads/#post-4660639 Fri, 23 Dec 2011 01:01:57 +0000 fanastic tools ashley, very much appreciated :)

]]> aca34e67403178335b2c8daa2e82e855 emz03 replied to the topic My first step into investing. Reno's! in the forum Value Adding https://www.propertyinvesting.com/topic/4405396-my-first-step-into-investing-renos/#post-4660304 Mon, 12 Dec 2011 10:42:09 +0000 AdisKay,I just wrote a small piece on reno's in my blog – http://www.mypropertyjourney.com that may help somewhat.the most important is to have a budget that you stick to, don't get "emotional", keep it simple! you want to impress the valuer at the end of the day, no one else.

]]> 20409246925985d466b627ea436ff8ba emz03 replied to the topic Adding Value to your investment property in the forum Value Adding https://www.propertyinvesting.com/topic/4405338-adding-value-to-your-investment-property/#post-4659874 Fri, 09 Dec 2011 10:21:24 +0000 Thanks guys, I appreciate the feedback :)

]]> 23f2f489442495448c10e0181ec0d087 emz03 replied to the topic Mark Rolton - Massland University DVD HOME STUDY KIT in the forum Creative Investing https://www.propertyinvesting.com/topic/4401188-mark-rolton-massland-university-dvd-home-study-kit/#post-4631844 Thu, 08 Dec 2011 09:34:27 +0000 I have the home study kit and i recently went to the 3-day boot camp in Sydney. I personally think it was worth every penny. Unfortunately for Victorians the changes to tools like RP data are going to make sourcing properties more difficult but options in general are a great strategy.

]]> 037c6398bb1234660ae331d881abb3ea emz03 replied to the topic Subdivision Frankston in the forum Help Needed! https://www.propertyinvesting.com/topic/4405345-subdivision-frankston/#post-4659898 Mon, 05 Dec 2011 09:01:02 +0000 hi maternic,the guys are right, the first person you want to talk to is the town planner, however  prior to this it might would be worthwhile looking up the appropriate zoning requirements for your area.i actually project manage subdivison's as a side project (construction manager by trade) so if you want anymore advice feel free to send me an e…[Read more]

]]> 525e433bc1e5de2e2fd5b6ebfaad9e9a emz03 replied to the topic Melbourne Investors? in the forum Heads Up! https://www.propertyinvesting.com/topic/4405280-melbourne-investors-3/#post-4659461 Sun, 27 Nov 2011 12:57:04 +0000 Thanks Tracey. Fredo – that's what i'm looking for too. I'm not interested in yet another seminar, i've been to plenty, i just want to meet like minded people over a coffee or a drink to talk investing. I'm surprised that a group hasn't been made, considering there is alot of melbournians on this forum.Is there an interest for this kind of…

]]> 7082d36d6f24928d4154ff82e562cd3f emz03 replied to the topic One stop shop for townhouse development in the forum Value Adding https://www.propertyinvesting.com/topic/4404552-one-stop-shop-for-townhouse-development/#post-4654629 Thu, 24 Nov 2011 03:35:17 +0000 the website is fantastic. thank you for the link.

]]> 98eba4541564ec42a481f398880e5e36 emz03 replied to the topic Feasibility Spreadsheet - Feedback Appreciated! in the forum Heads Up! https://www.propertyinvesting.com/topic/4404657-feasibility-spreadsheet-feedback-appreciated/#post-4655400 Wed, 23 Nov 2011 10:02:33 +0000 any further update? also do you have this available in excel??

]]> fd9f403d94b17781d0aa87f270357756 emz03 replied to the topic property option investment in the forum Creative Investing https://www.propertyinvesting.com/topic/4404718-property-option-investment/#post-4655916 Wed, 23 Nov 2011 09:53:23 +0000 Jason & Sherry – so do you do what is known as a "short option" where you option a property without a DA in place and pass it onto a developer? i am in the process of beginning to do short options myself and wanted to know if you had any tips?

]]> 89de39d1501ca7dd741e46244f97dc5c emz03 replied to the topic One stop shop for townhouse development in the forum Value Adding https://www.propertyinvesting.com/topic/4404552-one-stop-shop-for-townhouse-development/#post-4654627 Wed, 23 Nov 2011 09:42:10 +0000 christianb wrote:
5 x $500,000 = $2,500,000.($800,000) acquisition and costs($500,000) margin at 20%$1,200,000 is then you project works budget.$1,200,000 / 5 = $240,000 (per dwelling)$240,000 / $1,500 (per m2) = 160m2In this way the budget drives the outcome and you would then have a simple instruction for your team:Design me 5 townhouses, of…[Read more]

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