Thanks guys

Yep Anthony – it’s the May edition.

Cheers

Jamie

Check out http://www.graysonline.com/ for kitchen stuff

I just got a $399 Delonghi rangehood for $145 delivered (has a few scratches).

Cheers

Jamie

Hi Bill

Welcome to the forum.

Xdrew has provided some excellent comments. Some additional reading recommendations can be found in this thread – https://www.propertyinvesting.com/forums/community/heads-up/6845

Cheers

Jamie

RenoTeam wrote:
There is a lot of hard work in either renovating or developing, good luck on your journey

Tell me about it – going through it right now. I actually enjoy doing the work (so don’t mind doing some of it myself as opposed to outsourcing) but it is hard work – particularly trying to find the time to get things done.

Cheers

Jamie

Yikes – and I was dirty about the $500 per quarter I was forking out for my last PPOR.

Cheers

Jamie

Depending on the type/size of the defaults you may still be able to source finance. However, you will need to have a deposit.

Cheers

Jamie

angelinsydney wrote:
Hi Jamie,

He need not live frugally in SE Asia. ))

Angel

Haha – ok, live like a king!

Cheers

Jamie

Hi Scotty

Welcome to the forum.

You’ll need to have your borrowing capacity looked at by a broker/bank.

From there, you could look at tapping into some of the equity in your current IP. This equity could be used towards the deposit and purchasing csots towards the next.

What type of property is the one in the ACT? I’d assume it’s worth a fair…[Read more]

Nice one – cheers Andrew

Pop it in a term deposit and live frugally in SE Asia

Cheers

Jamie

Hi Ajay

I haven’t had direct experience in this.

Personally, I’d be reluctant to go down this path in order to save some dollars on property management fees. I’d prefer to pay a local property manager who has their reputation on the line rather than hand it over to a large bureaucracy that probably doesn’t give two hoots about your…[Read more]

Hi NSW

There’s no explicit rules when it comes to negotiating. The only tip I can offer is to work out exactly how much you’re willing to pay for the property based on your own research and use that figure as the basis for your negotiations.

Cheers

Jamie

Qlds007 wrote:
I have this morning received an interesting email from a forum member (whose name i will withhold for obvious reasons) who was looking for us to assist them with finance.Whilst the number details were a little short on the member asked whether we would be prepared to ignore the number of dependant they had and pretend he was…[Read more]

Terri Scheer are good (but won’t insure if you self manage). I think they also require annual fees paid upfront (not in installments).

I’m using ING and Real Insurance at present – both are competitively priced and allow for self managing.

Cheers

Jamie

onthehouse is great – excellent website for quickly drawing comparisons with other sale prices within a particular area.

Here’s a few more – http://www.passgo.com.au/property-data-websites

Cheers

Jamie

Katiedee wrote:
Cheers. His business is called Go Go Gas and Plumbing and he is available on 0457 980 385.

Nice name – I like it

Cheers

Jamie

sdem wrote:
Thanks Tylon. I don’t have access to Sky but am still impressed by the books and articles she’s written.

Hi sdem

Check out youtube – there should be some Lomas clips.

Cheers

jamie

CoastalHolidayRentals wrote:
Why don't you check out the rental section of http://www.realestate.com.au and see what's renting in that area and the prices advertised?

That’s what I was thinking. Even if it’s a new estate, there should be some established dwellings nearby that you could draw a comparison from.

Cheers

Jamie

It’s not a bad idea but I don’t think there’s one simple answer. Perhaps there could be a thread on recommended reading? That seems to come up a fair bit as well.

Cheers

Jamie

sdem wrote:
Thanks Jamie. I’m assuming it’s good to have a high valuation then, to reduce the amount of capital gains. Will any real estate agent do this?

Spot on.

Cheers

Jamie