I just purchased ex-housing commission property in WA this was via RE Agent in the actualy area.

I actually contacted the Department of Housing but found “the right hand did not know what the left hand is doing”.
Would agents in the area your seeking have any clues???

Thanks Terry and kp,
Still looking at costs and may not proceed as I think site costs alone will probably kill the project. If I do proceed will seek professional help.
Cheers

Hi Yack

The bottom line is WHERE DO YOU FIND A GOOD PM”, I have yet to find one.

From my experience they appear to be overloaded managing too many clients.

I too contact PM to remind him the tenant is late with payment etc. I get off the phone wandering who is the PM here….. oh well, seems when I speak to friends they have same…[Read more]

Thanks Robo, its great to be able to access this kind of information. Cheers[biggrin]

Robo, thanks for excellent info.
I would be very interested on costs involved for removal only of asbestos roof

I read a post from ActToday purchased 5 properties in Armadale (only $23 negative geared per month).
Dont know anything about Orelia, Medina but cheap areas might be worth a look in.

Also Redwing right try regional centres. Elder RE they deal with regional properties.[biggrin]

Joe, I have absolutely hated this area with a passion.

However, seems like some people love it and it is doing well. What can I say.

I think I would prefer Coolbelup as there is a potential for redevelopment….. big blocks etc. etc.
Good luck.
[biggrin]

hi there, did you actually mean $23.00 neg for all 5 properties??? If so, thats quite amazing.
Are they houses, units??

Hi PK,
I think you are spot on there.[biggrin]

Hey Wayne, you are too busy renovating to keep looking.
Let me know when you are over it….. I certainly am.. heheh.[biggrin]

Hi there, just wandering did you borrow more than purchase price as stated to improve property?

kp
thats a great happy ending, were these the Melville IPs?

Also, did you at any time consider holding on to these properties?
[biggrin]

Hi rjk
I dont live nearby, in fact I have only been to the house a couple of times.
Most of my contacts have been through the Council, agent and locals. Before jobs go ahead prices are faxed to me in Perth.
The carpenter come plumber has been coordinating most jobs and to date it seems to be working well.
[biggrin]

Hi John
I purchased my first country/regional centre CF+ 3 weeks ago and renovations will be completed in about 1 weeks time. Unfortunately cant get another at the same price in this area as prices at the lower end have now soared.

What’s happening in your world, are you still considering North North….

Cheers, [biggrin]

Hi Wayne
We have refrig and Evap in different props.

Cant say which is best as there is Good and bad with both systems.

Can I suggest you pm DD, I was impressed with his prices. Cheers[biggrin]

Hi RJK
I am in the process of getting renovations to my IP.
It comes down to $, if you can pick up the property cheap enough, why not.

I picked up this IP for $25,000 my reno will cost me around $14,000 and rent will be $110 pw.

In this area similar properties were selling for around $60,000, rent $110 pw.

The real estate agent advised me that…[Read more]

Hey, there are other areas to look at besides Victoria, …. try WA, Tasmania…. [blink]

Hi all,
after reading posts, I believe you should have a chat to people who actually employ apprentices to get a real picture of the costs involved?

You will only then realise WHY THERE IS A SHORTAGE OF APPRENTICES …….

Hi Lisa, thanks for that info currently looking at same. Would you be able to advise on what cost unit/house would be and kind of property, ie 3×2 or whatever.

I am also from Perth, and curious about development area?? if possible Cheers[biggrin]

AC, I was on same track as you, except I dont even see these with commercial (5+5+5) unless over $1m.