Hi Terry,

Thank you. Kevin does kill it a bit haha

Engelo

Hey guys,

Australia's Cheapest House has been featured in the "Homes" section on ninemsn.com.au

http://homes.ninemsn.com.au/diy/2536…ouse.slideshow

Enjoy 

Thanks Dubstep,

Your comment is much appreciated.

Engelo

Thanks kong71286

The renovation went well, it can never run 100% smoothly tho haha
Engelo

Hey guys,

I am happy to say that we have finished renovating "Australia's Cheapest House".

The end renovation cost was $15,000. There was quite a bit of plumbing and electrical work done to the property. Also, had an unexpected expense with the broken windows.
The property is tenanted for $180pw showing a 20% yield after all costs. I hope you…[Read more]

Hi homeproperty,

Thanks for your comment.

Much appreciated.

Regards,
Engelo

Hey guys,

Just sold Coonamble for $35,000 without touching a brush haha

I am pretty happy with a $10,000 profit for signing a few pieces of paper

I was too busy with other renovations I am currently doing so I didnt want the headache of this one also. There is money in the deal even at a purchase price of $35,000. There were so many offers on…[Read more]

Hi Freckle,

Great idea mate,

I currently have a few local boys scraping the underlay of the floorboards. I think the most important thing is to get tenants in there asap. We wont be installing new windows or painting the exterior until 1 day before the tenants move in. After that all damages are covered by insurance. I doubt there will be much…[Read more]

Thanks for your comment santh,

After completing many renovations I never go into one saying its going to be easy. There are always unexpected issues along the way. Even if I spend $30,000 renovating this one there is still a good profit to be made.

No more singing, I will dance in the next video haha

Engelo

Hi kong71286,

Thanks for your comment.

This is something I will definetly consider if I intend to hold the property. I will be going to Moree again next week and will get some quotes organized. I am not familiar with the pricing on these security screens.

Regards,
Engelo

Hi Dubstep,,

I was a follower of Nathan Birch back in the day and loved the work he was doing. He owns quite a few properties there so I also started looking into the area more seriously. Moree is great for the yield orientated investor.

How can you go wrong with buying a house for $15,000?

If it was in any other town at that price in Australia…[Read more]

Thanks for your comment Rusty.

Engelo

Hi Nathan,

Thanks for your comment.

I am not sure as to what I will do either sell or refinance. If I refinance and keep the property I will put up a fence around the house just to make it a bit harder for possible vandals. I have great insurances in place for any further damage. The most important thing is to get tenants in asap. This will…[Read more]

IM IN HEAVEN

Below is a link of how the renovation is progressing on "Australia's Cheapest House" in Moree NSW. I hope you enjoy. I normally have a nice voice it just sounds wierd this time

http://www.youtube.com/watch?v=VCSe4_LITeE

Regards,
Engelo

Hi S,

All of the trades are local from Moree. The renovation is very basic. Most materials were bought at Bunnings.

I will upload a video of the progress in the next few days.

Thanks.

Engelo

Hi Shahin,

Thanks for your comment. Quite a bit of work with this one. Its coming along nicely tho.

Regards,
Engelo

Deal Finder is a great tool for finding properties in Australia. All properties sent to the database show great yields with equity potential.

Engelo

Hi Taylor,

Thanks for your comment.

Engelo

Hi Freckle,

Thanks for your comment.

I am trying not to be haha, I renovate to a better standard than what slumlords do.

Hope your well mate

Engelo

Dubstep wrote:
Hi Engelo,Great video, you may have to start your own tv show.                                Engelo's Reno's  !

hahahaha.Thanks Dubstep, there are too many shows on reno's as is. I have something else in the works but it wont involve the Australian market.Engelo