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April 19, 2012 - 12:20 pm

BTW White Panda I get it cheaper then those prices.

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April 19, 2012 - 12:19 pm

The two properties there from the one thats currently up for sale and the one across the road comes to 8 million.

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April 19, 2012 - 8:51 am

Thank you for the replies there, but one of them are dead stock to me and its not going anywhere, we've actually lowered the price on the one currently finished again, I think its really cheap for what we are offering, but sometimes you do hit these 'snags' in the market that slow you down slightly.

The properties I hold though… are dear… But, we are on the verge of building 2 others, and also looking for some HNWI out there looking to purchase some commercial property?

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April 7, 2012 - 12:07 am

Flatpax kits, are actually more costly in a productive and almost monetary way. Its far cheaper doing diligent research and finding a kitchen builder who you can work on a basis with and have understanding on exactly how you want your kitchen done.

I'll say it again… 90% of any trade in any industry of contruction will make your life easier and way cheaper if you know exactly what you want. Because they wont charge the variation.

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April 6, 2012 - 11:54 pm

Shape wrote:

Not that im aware of. But they need to be licensed builders themselves ( not a carpenter) – so check they are licensed with no complaints held against them …for NSW http://www.fairtrading.nsw.gov.au/About_us/Online_services/Home_building_licence_check.html + preferred if they are part of HIA ( housing industry Association). Most are either retired builders or builders who no longer want/can't to do the "physical" work…

HIA or MBA are just groups any trade, even supplier or builder can join, and its like a start-up kit and unionised sort of membership..

I'm a HIA and MBA member, payed the fee for the year and done. Most builders once they become big they cancel these memberships because there quality of work are now reputable.

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October 26, 2011 - 10:33 pm

150k is massive in price. How many investments do you actually have to idea of outlay like that ?

Biggest problem for bathroom removal and move, is where the plumbing and sewerage is on the house.

If its on the same side, its fine. I did a full bathroom, installing a toilet (never had a toilet, it was 2 rooms away on its own) and its actually cheaper then you think, only depending on the circumstances. The most expensive part is resetting the gully's and massive V connection to existing sewerage, thats if your fortunate enough its on the same side of the house. This should only be around tops $3000 to do it, thats them digging it up, connecting the gully up again, piping and filling it back.

And another thing, is it slab? or floating floor or partial? Hopefully theres only dirt under there and sleepers with just brick footings, it makes it a whole lot cheaper and easier.

If its on the side of the room you want the toilet, look for old plumbing system, sometimes the old water guttering in the slab outside usually leads back to the gullys, and thats if its not blocked either (Its an easy test with a karcher gerni). If you find this, you may need to install a new gully and then drop the connection in, again your looking around $4000 for it.

The kitchen on the other hand you may need to get them to draw it up, so everything comes up plumb, especially if this is your first time and you could of got away with it organizing trades yourself. Just make sure its a licenced plumber

By looking at the images, dont move the kitchen? Just remove them hidious tiles/vinyl..

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October 18, 2011 - 9:10 pm

Careful with them books though, sometimes its worth looking into it yourself. One main reason is that the book may say it only costs this much for this, but in reality it doesn’t.

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October 2, 2011 - 12:22 am

There are a lot of would be investors and home owners looking for a second property, thinking they know it all and have no financial intelligence, this can create a great degree of risk if your can’t forecast your revenue to capital and liabilities in a property.

This also comes down to peoples action threshold, I’m how ever a person will take any opportunity and make it into something even if it’s a dead deal to others. But that’s because I have resources to back this up.

Another is, sometimes people that like tangible assets also create a governor on there mind, thinking how would I? A simple member of society manage this massive feat of owning multiple double story homes. It’s like when you look at an apartment block and someone tells you to go clean it on your own, the same belief that runs through your mind at that time is the same as owning property.

For the people who are renovators out there don’t stress if your don’t have experience, I had a guy that was a bricklayer for 20 years screw up a renovation on his own property, and didn’t relies how he was losing money. Everyone has the same value of risk sometimes just depends what’s yours.

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September 19, 2011 - 2:13 pm

Cracking comes down to workmanship. Not the price of how much the job is costing you. And for $2000 whats the metreage? This is unbelievable in price from a Builder. I mean even if he gets the sand cost price hes still losing out. I mean theres all the stainless/Galvanized angles, and if you render inside there are the plastic angles, and then shadow lines and wall mesh, its alot of work if its $2000 for inside and outside. (If you do inside). This doesnt sound right, $2000 for a outdoor render, for $5000 off? Sure its not the other way around?

The suggesting to the rendering, is that less workmanship is needed to scour the bricks and also clean, its pretty much lay and swipe and the later throw render on top.

Just because there giving you a cheap price for a job doesnt mean they have the right to walk over you and do the job how they see fit.

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July 31, 2011 - 8:25 am

Won’t affect property I don’t think. Plus if people keep worrying about the future when is anyone going to try and make money?
I find it interesting that a lot of people worry bout money. And worry about long term. Has anyone done there research and no that some of the richest expanded there wealth by 19% more during the GFC?

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July 18, 2011 - 8:55 am

Lol ^

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July 15, 2011 - 7:33 am

I’ve heard a lot of people doing this, getting the house built and fitting it out with family known trades at a cheaper rate.

I wouldn’t recommend this as there’s far more complications, and most of the time if the builder is doing multiple jobs at once, he would probably get kitchen fittings and bathroom for a lot cheaper then you will.

And in a contract specially if you have time constraints, a liquidated damages clause will save you big time.

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July 14, 2011 - 1:08 pm

Get the products delieverd yourself, you will save money there.

And labour wise, depending on how many men and what equipment they need, I wouldn't pay nothing over 7500k with materials. Remember the money goes into preparing the walls and the timely effort of setting everything up. Eliminating some of these hurdles will make it cheaper. I just rendered my entire bath room, 4 walls for $650, + materials $210+ and thats with him washing the walls. See the day rates are usually $250, plus there meterage.

But if you need another quote or some other rejuvenations call us (number below). Sydney Area.

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July 5, 2011 - 1:38 am

I fall in a slightly different catergory Jamie M, as my family own building and hardware supplies, but none of the less it still costs me money to purchase products, but just at alot cheaper rate then any bunnings store can offer. Which is most of the time is less then half the value. But I know of a few investors that have made friends with suppliers, and get cost price, but in return getting there trades men creating accounts with the business, its give a little and take a little.

Say to get walls washed and cleaned, and either scarred to apply render. I know of a company (I will not mention but in PM I will) charge around $11 a square meter. Thats you purchasing everything they need. And depending how many men they use. If they use multiple men for the job, find out there price per hour on those men, and then work out a deal on a labour hire company  (finding skilled labour) to mix the mud for them instead of paying there guys $40 an hour.

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July 4, 2011 - 8:10 am

Remember one thing also, using kitchen builders or bathroom builders, even plumbers. I know some plumbers that charge a $100 an hour. But you can easily get labour hire for $30 an hour and do the same work. See it might be easier to get 2 labours for 2 days with GST is around $1012 but organize them what to do. They can be used to remove everything from the house instead of paying premium rates.

Also make friends with suppliers (like myself) where you can get products even cheaper. It costs me any basic size home to render for only $5500

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July 4, 2011 - 7:57 am

Adding my 2 cents worth.

I think people that pay (not saying I haven’t done it to get starting knowledge) for seminars and mentors, are people that have fear and are afraid of losing money. Which I think is clearly wrong, because you get plenty of people saying they spent all this money on seminars and mentors only to be burned on the first property and are looking to spend more money on another seminar investment.

Instead of looking at the problem at hand.

I don’t know maybe Im wrong, but that’s how I see it.

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June 30, 2011 - 11:12 am

I wish it was that easy.

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June 21, 2011 - 10:48 am

Doesn’t seem transparent enough, ‘hoping it will increase 10%?’ doesn’t seem you would control any of the money and sounds more of a liability.

And be careful some developers may run out of money and may need more through the process.

Something to think about.

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June 14, 2011 - 1:22 pm

I'm not going to repeat myself.

Are you a trustee of a company discretionary trust?

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June 14, 2011 - 8:39 am

Yeah exactly, what I meant though is, I know st. George they have only 75% value of any income from investment properties.

Call up your bank and say to them do they calculate any positive geared income as a full. Most banks don’t, means if your making $1000 a week from your investment property from the same bank, the bank will only take $750 worth in your statement. (as an example).