nguli wrote:
I thought I posted on here this morning but now can't find it so sorry if it comes up twice!

The new site looks great and was surely worth the downtime! but…

Is there anyway we can bring back the 'subscribe' button or something similar so we can follow threads that we have not posted on.

Thanks

Nathan

Ohhhhhhhh I didn't…[Read more]

Among all the things I did to get comfortable with my decision to invest in an area was to watch the for sale and for rent ads in http://www.realestate.com.au for months… to see what cost what and how long it took to vanish from the screen (ie how long it took to rent).  Look at the pictures so you can understand what an unrenovated place costs (or…[Read more]

Smartcube why are you asking for more info on Seven Hills? You need to research it yourself and thus be solid in your understanding of why you intend to invest in the suburb

I had my accountant set everything up for me and have since purchased a property under my smsf.  Indeed I had to produce all the kinds of documents you are talking about, and my accountant sorted it all out.  If esuperfund is setting you up, why is it taking 4 weeks and why are they not handling all these things for you?

SteveMcKnight wrote:
Okay… I see your point.

Do you have a preference for the post to run in sequential time order (with newer posts at the end), or for it to be a 'real time' conversation?

It's probably more logical for it to be sequential so if you want to check for the latest replies you just go to the end of the post, right?

-…[Read more]

I'd choose Seven Hills over Seabrook, based on the transport situation.  There is only one road to the freeway from Seabrook and it is RAMMED every day.  While it is vaguely walkable to Aircraft train station, I do believe that station will be closed when Williams Landing station is opened. 

If you quote someone in your post, your comment goes immediately under the original post that you quoted.  This means it doesn't appear at the end of the thread where new comments would be anticipated.  Not sure if this is good or bad, just unexpected.

DWolfe wrote:
Oh oh, I just found a glitch, it turned me from being a Level 7 Mayflower  to a Level 1 newbie Oh no, I love all the rewards!!

Please Admin, turn me back! lol

Cheers

D

I think I've been downgraded too.  I don't seem to have a rating at all !   Demoted.  Sigh.

What quantity surveyor are you using for the depreciation schedule?  Maybe ring around some others and see if they can manage to do a better job of figuring out when the place was built for you.

What quantity surveyor are you using for the depreciation schedule?  Maybe ring around some others and see if they can manage to do a better job of figuring out when the place was built for you.

What quantity surveyor are you using for the depreciation schedule?  Maybe ring around some others and see if they can manage to do a better job of figuring out when the place was built for you.

yes

Let your solicitor fight it out with the buyer's solicitor.  Ask your solicitor to explain to you how they are able to handle this for you and you will find yourself stressing far less.  They will be quite matter of fact about it.

Maybe you could alter your way of thinking for a while. Think of your job as something that is helping you get started in property. You turn up and they pay you money. With that money you will buy property and hey presto you are on the property ladder. There will come a point when you don’t need to have a job to keep making progress.

You could spend your time planning, getting tradies in to quote and measure and so forth. Then a couple of months before you are ready to move out you tell your cabinetmaker to start making your kitchen, book tilers etc in, and tell all your providers you dpn’t want any invoices till after you move out

re: "Don't be disillusioned by the rental yield. Rental yields will not make you money. Capital Growth is what you should be focusing on".  This is true if the Capital Growth occurs… because, say for instance, a 5% growth on a $300k property is $15k.  This is probably a bit more than the place rents for annually.  However, remember that Ca…[Read more]

DA = Development Approval (something you get from Council)

ps don't bother doing a DIY kitchen cabinetry thing from Bunnings.  It is a simliar price to get a local cabinetmaker to custom-make something that will fit to the millimetre… and install it for you.  You can do the easy bit that doesn't matter (ie get a sledgehammer… they are cheap… and remove the old kitchen and chuck it in the skip bin.

mixedup wrote:
How do you actually get a good handle when you're looking at properties for the (a) cost to renovate, and (b) what potential resale value is.

In terms of understanding resale value, there are two things that spring to mind:1.  Keep a close eye on the real estate websites such as http://www.realestate.com.au/buy to  see what things are s…[Read more]

Hi winadil, I sent you a private message