I didn't see the show but $500 worth of paint, plants, mulch and skip hire mixed with a generous splash of elbow grease is sure a winning combination.The capital growth in a rising market can cover a lot of sins.
Hello Roy22,Your idea can be a very good way of moving up the property ladder. It, like anything does come with its share of risks. Consider that every time you do it you are risking all of the work you have done to date on previous renovations. Basically , just be very careful what you buy. The benefits are that you will pay a lower rate of…[Read more]
Last one I did $130k one bedroom queenslander. spent $6500 making another bedroom in part of the verandah, new HWS, paint, 37 tubes of no more gaps(gotta love tongue and groove), kitchen, light fittings, curtains, electrician and plumber. Bank valuation came in at $165. Currently rented at $170 per week. Could sell it for $180k but no need to as…[Read more]
If I was tallying, I would have scored six errors actually.Why do you come onto a property investment forum to carry on with such negativity?Everyone has to live somewhere and businesses need a roof over their heads, no matter what the market conditions are. The combined knowledge of the members here is a great resource to discover ways to still…[Read more]
Excellent score! some people buy houses with new kitchens but don't like the colour, at least these ones sold it for $250 and didn't just throw it in the skip. Second hand , besides being cheaper is also more environmentally friendly
I have used ones from grays, chinese imports, they are fine. The L shape ones with island bench , granite tops are often there. Careful shipping the granite though, it weighs heaps and snaps easily. Some of the ones in the paper second hand are good but just not to the owners taste. They can be brought up to date with new appliances and new door…[Read more]
In my opinion, there is always money to be made buying and selling property. The fundamentals don't change whatever the market conditions are. If you buy well, put the right money in the right places and sell well, there is a profit to be made.If the place is a complete train wreck, it has to be priced accordingly. There can be very costly repairs…[Read more]