PropertyInvesting.com | homersyd | Activity https://www.propertyinvesting.com/members/homersyd/activity/ Activity feed for homersyd. Mon, 13 Apr 2026 13:08:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 6d63e747fc53b5c0d431bc206fc1cf81 homersyd replied to the topic How to redevelop small block of units? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407207-how-to-redevelop-small-block-of-units/#post-4674271 Tue, 24 Jul 2012 05:43:54 +0000 TheFinanceShop wrote:
It really depends on the area, zoning, etc. A lot of developers in certain pockets of Sydney are purchasing older boutique apartment blocks, renovating all of them and then marketing them the same way as a new units. It is quite attractive for investors particularly those interested in OTP purchases. Higher risk but if done…[Read more]

]]> 18c1ba3eba04e0fec344590ad509b8c8 homersyd replied to the topic How to redevelop small block of units? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407207-how-to-redevelop-small-block-of-units/#post-4674270 Tue, 24 Jul 2012 05:41:17 +0000 christianb wrote:
The only sure way is to buy all four. Any other plan is a little "hit and hope".You can approach the local council about any notion you may have of redeveloping the block and they will be able to give you some zoning advice and maybe some advice around council's strategic objectives.

Thanks christianb, but unfortunately I can…[Read more]

]]> 2f78413fc3817d3813ec38b2767af52f homersyd replied to the topic How much would it cost turn this old house around... in the forum Help Needed! https://www.propertyinvesting.com/topic/4405404-how-much-would-it-cost-turn-this-old-house-around/#post-4660368 Thu, 15 Dec 2011 04:40:17 +0000 Shape wrote:
You know you can arrange with the agent to have some of your builders/ tradesmen ( find them in the yellow pages) come out and quote for the job- before you sign the contract. That way you have a fixed quote for that EXACT job.

Regards
Michael

This is a good idea, thanks. Didnt think about that…now this may sound dumb…[Read more]

]]> d7c762091b8b7a55902c06289b598ffb homersyd replied to the topic How much would it cost turn this old house around... in the forum Help Needed! https://www.propertyinvesting.com/topic/4405404-how-much-would-it-cost-turn-this-old-house-around/#post-4660364 Thu, 15 Dec 2011 00:34:18 +0000 Shape wrote:
It’s like me posting a picture of my car and asking you how much is it worth; without telling you the make, model, year, km etc..

Regards
Michael

Thanks @Shape, I know it’s a bit like what u said, I actually tried to find at some “before & after” reno examples on the web (with costs), but to no available, I have absolutely no…[Read more]

]]> 322588810f71e19a011a97c51c991e20 homersyd replied to the topic How much would it cost turn this old house around... in the forum Help Needed! https://www.propertyinvesting.com/topic/4405404-how-much-would-it-cost-turn-this-old-house-around/#post-4660363 Thu, 15 Dec 2011 00:31:47 +0000 sapphire101 wrote:
No one can tell you what this renovation will cost. A good renovation needs the costs to be worked out as exactly as possible otherwise you will blow your budget. Lucky for you this won't happen because you don't have a budget. :-)You need to go into the property with a seriously accurate checklist and note everything down that…[Read more]

]]> e8fe645d6cc401d7f0346cc03d582b1b homersyd replied to the topic How much would it cost turn this old house around... in the forum Help Needed! https://www.propertyinvesting.com/topic/4405404-how-much-would-it-cost-turn-this-old-house-around/#post-4660362 Thu, 15 Dec 2011 00:30:34 +0000 Housing fanatic wrote:
As you mentioned in the original post its dependant on what price you can get materials for etc. It also depends on how handy you are with tools. If you are keen to try, most things you can do by yourself ( Being in a trade and judging the intelligence of some trades ANYONE can do it). Stuff like decking is relatively…[Read more]

]]> eeab3aa33b5d2e80c7a615ce4e2d7492 homersyd replied to the topic How much would it cost turn this old house around... in the forum Help Needed! https://www.propertyinvesting.com/topic/4405404-how-much-would-it-cost-turn-this-old-house-around/#post-4660356 Wed, 14 Dec 2011 04:51:30 +0000 mmm…not sure why I…but i can see them. when I get home tonight i will try posting them again

]]> 9ad7906cc8c0cadf42ab6a3aa5b1e9f7 homersyd replied to the topic Question about the guy who went from broke to 3mill on API in the forum Help Needed! https://www.propertyinvesting.com/topic/4405373-question-about-the-guy-who-went-from-broke-to-3mill-on-api/#post-4660134 Thu, 08 Dec 2011 22:45:01 +0000 Catalyst wrote:
You mean Zaki in this months API? I don't know about the debt but he used a buyers agent to buy under valued properties and reno them. He did a LOT of the work himself so saved lots of money there. He revalled properties and withdrew the equity to buy the next one. Because they were neutrally geared (or just over or under) he…[Read more]

]]> eeca4c5d97f17770e8a1622be6df9407 homersyd replied to the topic Question about the guy who went from broke to 3mill on API in the forum Help Needed! https://www.propertyinvesting.com/topic/4405373-question-about-the-guy-who-went-from-broke-to-3mill-on-api/#post-4660123 Thu, 08 Dec 2011 04:26:24 +0000 glad to know i’m not the only one… :)

]]> c87c5227741e0b6335c4b2cce1fb97bf homersyd replied to the topic Where to start - online business for extra income in the forum Help Needed! https://www.propertyinvesting.com/topic/4403997-where-to-start-online-business-for-extra-income/#post-4650209 Wed, 22 Jun 2011 01:55:01 +0000 Sorry to jump on the bandwagon…can I get in touch with you also Michael? Was thinking to start my own biz too!
I have setup a website of my own already.
Now looking to do other stuff (most likely online, but would like to find out what offline biz I could do also)…

Many thanks in advance

]]> fdfbe9d9d185444d2f22b2cdfe514f6c homersyd replied to the topic When can I start in property investments? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399528-when-can-i-start-in-property-investments/#post-4622173 Wed, 21 Apr 2010 01:15:23 +0000 INTERNATIONAL EMPIRE wrote:
Homersyd,Good on you that you've bought your own property! Syd market is tipped to increase in a big way in the next few years! BIS Shrapnel.About your next investment property, you'd need to have at least a 10% to 20% deposit. Either in savings, equity in your home, or family/friends loan. Also there is a creative…[Read more]

]]> 4bf19c050f8602851ef7fb7400cfa291 homersyd replied to the topic When can I start in property investments? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399528-when-can-i-start-in-property-investments/#post-4622172 Wed, 21 Apr 2010 01:12:38 +0000 duckster wrote:
So lets derive a magic formula for this (Loan amount in two years time + extra loan in 2 yrs time) / Value of house in 2 yrs = LVR    (0.8 is 80% LVR)(loan amount in two years time + 100,000 ) / (original value * (1+.07)^2 = 0.8             (0.07) is 7% p/a growth ^2 is power of 2 Two being the term of the interest rate being two…[Read more]

]]> 217dd49e1bdfa1e74d2093d1ddecf74d homersyd replied to the topic Equity question? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399508-equity-question/#post-4622050 Wed, 14 Apr 2010 23:58:15 +0000 so why would one actually wanted to keep LVR to 80%? Is there any benefits of doing that?

]]> 8cf61f2122815dedcc02cc16cdefebd9 homersyd replied to the topic INFORMAL DISCUSSION GROUP IN SYDNEY in the forum WOW!! We'll probably need a https://www.propertyinvesting.com/topic/4399232-informal-discussion-group-in-sydney/page/2/#post-4620062 Thu, 01 Apr 2010 04:43:40 +0000 WOW!! We’ll probably need a auditorium pretty soon at the rate people are joining in….LOL

]]> c271baa6b353ff0ea9b50c9cda369305 homersyd replied to the topic Cheap painter needed for owner occupied apartment in Sydney CBD in the forum Help Needed! https://www.propertyinvesting.com/topic/4399320-cheap-painter-needed-for-owner-occupied-apartment-in-sydney-cbd/#post-4620710 Wed, 31 Mar 2010 00:04:43 +0000 ryan mclean wrote:

homersyd wrote:

maree_bradross wrote:
No-one will be cheaper than yourself :)

I know…but we dont want to stuff it up as I’m not handy at all… :P

You don’t have to be especially handy in order to paint a house.

If you are painting your house to rent it out make sure you choose neutral colours. By choosing stark colours…[Read more]

]]> bb200389a36e18a6141a7f686a5aec8c homersyd replied to the topic INFORMAL DISCUSSION GROUP IN SYDNEY in the forum Heads Up! https://www.propertyinvesting.com/topic/4399232-informal-discussion-group-in-sydney/#post-4620054 Mon, 29 Mar 2010 06:16:10 +0000 One question though…since most of us attending are newbies to PI, wouldnt we need someone more experienced to be the “mentor”?

]]> d066a79d7eed6fc06cbf7ca43cf0005f homersyd replied to the topic INFORMAL DISCUSSION GROUP IN SYDNEY in the forum Heads Up! https://www.propertyinvesting.com/topic/4399232-informal-discussion-group-in-sydney/#post-4620053 Mon, 29 Mar 2010 06:13:32 +0000 oh did I mention I would like to join also??! Count me in!!

]]> e1b5cb83b9c2e349ad3bb7ec87d9bf60 homersyd replied to the topic Cheap painter needed for owner occupied apartment in Sydney CBD in the forum Help Needed! https://www.propertyinvesting.com/topic/4399320-cheap-painter-needed-for-owner-occupied-apartment-in-sydney-cbd/#post-4620708 Mon, 29 Mar 2010 05:44:48 +0000 maree_bradross wrote:
No-one will be cheaper than yourself :)

I know…but we dont want to stuff it up as I’m not handy at all… :P

]]> 38cda5c4847ef069b4297ab68f4a0744 homersyd replied to the topic Cheap painter needed for owner occupied apartment in Sydney CBD in the forum Help Needed! https://www.propertyinvesting.com/topic/4399320-cheap-painter-needed-for-owner-occupied-apartment-in-sydney-cbd/#post-4620707 Mon, 29 Mar 2010 05:43:06 +0000 number 8 wrote:
Yes I do,Brendan painted my entire external home (brick) for three thousand one hundred and fifty dollars (He provided the paint and spent over two weeks, two coats, windows, doors and no more gaps where appropriate). My home is two stories on the side.refer to http://www.birchcorp.com.au under asociates and articles for his details. I…[Read more]

]]> cef4fdb82675a0e20a8cebee4bf2cc01 homersyd replied to the topic INFORMAL DISCUSSION GROUP IN SYDNEY in the forum Heads Up! https://www.propertyinvesting.com/topic/4399232-informal-discussion-group-in-sydney/#post-4620051 Mon, 29 Mar 2010 00:00:13 +0000 ladyo wrote:
Am happy with The State Library and will call up next week to see if there's discussion rooms.Thanks Homersyd.

No worries ladyo :)
Glad I can help

]]> bf251c33d0bb852b38081cdc8ed1b474 homersyd replied to the topic INFORMAL DISCUSSION GROUP IN SYDNEY in the forum How about in the State https://www.propertyinvesting.com/topic/4399232-informal-discussion-group-in-sydney/#post-4620048 Thu, 25 Mar 2010 03:25:57 +0000 How about in the State library in Sydney CBD? It’s probably more central to everyone and it may have some discussion rooms available….(not sure)

]]> ec2ca477e15223903552ede6b74020a6 homersyd replied to the topic Aussie off to buy US property - anyone want to join me?? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4397950-aussie-off-to-buy-us-property-anyone-want-to-join-me/page/8/#post-4612265 Wed, 24 Mar 2010 06:12:45 +0000 Do you think this “having PI in the US business” is suitable for newbies too? I have just recently bought my first place (owner occupied), but I think I can start in the PI game in a year or 2. Not sure how would you actually get finance from the US though (as pointed out by earlier posts)…havent seen the solution yet.

Also my biggest question…[Read more]

]]> ff8dfe646efcc5f8f46dc66c7ed7cd8b homersyd replied to the topic How do I purchase a 2nd home using equity? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399095-how-do-i-purchase-a-2nd-home-using-equity/#post-4619156 Fri, 12 Mar 2010 04:32:33 +0000 Kylee,
Do you mind telling me the suburb your apartment is in? That’s quite a good rental return…(You can PM me if you dont want it public..)

Thanks :)

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