Hot Stuff replied to the topic Subdivision feasibility spreadsheet + checklist in the forum Value Adding 7 years, 11 months ago
I would be interested in seeing some replies to this….
Hot Stuff started the topic Potential Triplex Site – Is this sewer a big deal or not? in the forum Value Adding 8 years, 2 months ago
Water Corp “There is a 150mm VC sewer main running parallel along the inside of the rear (northern) boundary at approx. 1.0m and is approx. 2.2m deep. The minimum distance a building can be to the centre of this sewer main is 0.6m with piling and 2.5m without piling.
There is also a 150mm VC sewer main running parallel along the inside of the…[Read more]
Hot Stuff replied to the topic No tenants ! What to do ? in the forum General Property 9 years, 5 months ago
If you are talking about Perth, my place took 5-6 weeks to secure a tenant. The rent is $10 less than it was in 2012 and in end the property manager offered the first week free.
“The rental market’s number of properties for lease did soften (now at 5,711), however this is almost 50% up on September 2013. The vacancy rate is at 4% and it takes o…[Read more]
Hot Stuff replied to the topic Hot water system in the forum Help Needed! 9 years, 5 months ago
After all these posts, I clarified exactly how the call went with the tenant. The property manager went through all the basics (pilot light etc apparently) and then came to the conclusion the plumber was required. Oh well it’s paid for now, I just thought a pilot light wouldn’t warrant a visit from the plumber. 2 minutes (literally) & $100 later…[Read more]
Hot Stuff started the topic Hot water system in the forum Help Needed! 9 years, 5 months ago
So day one tenant moves in, tenant calls property manager, she has no hot water. Property manager calls me and says that the unit will need to be purged by a plumber, that I can’t do it, a plumber needs to. I call plumber, plumber gets there and it’s just the pilot light. $100 later I’m thinking it really should be a cost shared with the tenant.…[Read more]
Hot Stuff replied to the topic Marangaroo/Girrawheen in the forum Help Needed! 9 years, 9 months ago
Depends what you want to do with it and when. I’m looking for something similar but with side access (duplex potential). You are paying the R40 price (potentially) so best utilise this potential which in this instance looks like it needs to be demolished to make it a 3 unit site. I’d say its worth $420-$440pw rent, vey small bedrooms and bathroom…[Read more]
Hot Stuff replied to the topic Not a "where do I start" post, more of a "where to go from here" post in the forum Help Needed! 9 years, 10 months ago
“Cash in bank” meaning redraw facility which is on the PPOR mortgage.
The current investment I don’t believe will go up in a very long long time, some improvements are being made but I can’t imagine getting more than $450pw for it when comparing it to others online.
Just checking out positively geared properties in Perth, with historically low…[Read more]
Hot Stuff changed their profile picture 9 years, 10 months ago
Hot Stuff started the topic Not a "where do I start" post, more of a "where to go from here" post in the forum Help Needed! 9 years, 10 months ago
Hi Everyone,
My partner and I are really keen to set ourselves for the future by using property investment to create wealth. We have both just turned 30, have no kids but would like a family in a couple of years. Our financial situation is below, as you can see we are not big income earners and probably never will be however have very secure jobs…[Read more]
Hot Stuff became a registered member 9 years, 10 months ago