PropertyInvesting.com | IB | Activity https://www.propertyinvesting.com/members/ib/activity/ Activity feed for IB. Wed, 15 Apr 2026 09:24:36 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 543453e243b9cdcb25aa212491254166 IB replied to the topic Property Inspection in the forum No Subject https://www.propertyinvesting.com/topic/4365082-property-inspection/#post-4412641 Wed, 22 Jan 2003 22:53:08 +0000 Even though I am an Architect,
I get a property inspection company
and a pest inspection company to inspect
all my properties. Another person can sometimes be more objective.

New finishes can cover a multitude of faults on
new or old properties.

Many new properties do seem built only to last for
their guarantee period (7-10 years).

]]> 73dbfa44bf3574789973662c18b63723 IB replied to the topic Making money from renovations? in the forum No Subject https://www.propertyinvesting.com/topic/4365055-making-money-from-renovations/#post-4412537 Wed, 22 Jan 2003 03:57:28 +0000 I agree with Rosco.
I have done 3 renovations to sell now, and have done well, but so has anyone in inner Melbourne,
without all the hard work.

I know 1/2 a dozen people who have done badly, or say they have made say $20,000 in a period when capital growth on the property would have been
say $40,000 ie, they have lost $20K

My suggestions for…[Read more]

]]> a81db395b6c011cea9578c0599e2a959 IB replied to the topic Which price range of property to wrap in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365081-which-price-range-of-property-to-wrap/#post-4412639 Wed, 22 Jan 2003 02:53:00 +0000 Belladonna,

My thinking is that positive geared property is very uncommon, and not without risks. I think our rental yields are just too low in general.

Say something needs fixed – such as replacing a roof for $5,000, that would wipe out a whole years rent on a little cheapie.

Hence the attraction of wraps.

I am aimint to wraps for cashflow,…[Read more]

]]> fe9b6a6b7a93448404c923b8d4e89afd IB replied to the topic Top Ten Country Towns for Investing in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365029-top-ten-country-towns-for-investing/#post-4412452 Wed, 22 Jan 2003 00:34:22 +0000 Steve,

Just wondering what property price range you are wrapping in Nambour?

We have had 30% capital growth in 6 months on our properties in Logan, but it seems they are similar
in price or cheaper than Nambour.

Would you suggest considering wraps there.

Regards,
IB

]]> 77128d4a9f98682bd56f44dadfd2e0c9 IB replied to the topic $ REQUIRED TO GET STARTED in the forum No Subject https://www.propertyinvesting.com/topic/4365075-required-to-get-started/#post-4412631 Wed, 22 Jan 2003 00:27:26 +0000 Thanks Steve and Bruce.

Great advice. As an Architect, I already have
all the property we own in a trust, with my wife and I as trustees. Had thought of doing the company trustee thing later.

Am I right in thinking that with $900,000 worth of property, with $560,000 worth of debt, our LVR
is looking reasonable?

Thanks again for the advice.

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