PropertyInvesting.com | mentee | Activity https://www.propertyinvesting.com/members/mentee/activity/ Activity feed for mentee. Sun, 12 Apr 2026 01:45:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 fb522f3d1bf56c5caa2b1fd226444311 mentee replied to the topic 2Bedroom villa conversion in the forum Value Adding https://www.propertyinvesting.com/topic/4409758-2bedroom-villa-conversion/#post-4693554 Thu, 25 Jul 2013 10:41:39 +0000 Hi alfrescodining, I was thinking the same way before but was limited by the window on LHS of entry, this will significantly reduce the living area. Even by reducing the size of the kitchen.

]]> e2165e85a8bdee3006d8dd5a2f6dadbb mentee replied to the topic 2Bedroom villa conversion in the forum Value Adding https://www.propertyinvesting.com/topic/4409758-2bedroom-villa-conversion/#post-4693551 Wed, 24 Jul 2013 21:02:06 +0000 Hi catalyst, that's an excellent idea to create a mock up. Will be removing the existing kitchen soon, will use that to see how it feels with the proposed layout. It's on a slab, so the kitchen plumbing relocation will add up as well. 

]]> c4111880e3ba587a65cc465000f65279 mentee replied to the topic 2Bedroom villa conversion in the forum Value Adding https://www.propertyinvesting.com/topic/4409758-2bedroom-villa-conversion/#post-4693549 Wed, 24 Jul 2013 02:40:11 +0000 What do you guys think about the position of the proposed kitchen at the middle of the living area?

]]> a7e71e6de5b38f2509a9a338de66694b mentee replied to the topic 2Bedroom villa conversion in the forum Hi grant, forecasted the https://www.propertyinvesting.com/topic/4409758-2bedroom-villa-conversion/#post-4693548 Wed, 24 Jul 2013 02:37:10 +0000 Hi grant, forecasted the changes will add 150 to the weekly rent and without including the depreciation, we looking at 2 -3 years payback, based on rough calculation.

]]> 1a83d4692f6593f7142aedcd869dfcd3 mentee replied to the topic 2Bedroom villa conversion in the forum Value Adding https://www.propertyinvesting.com/topic/4409758-2bedroom-villa-conversion/#post-4693547 Wed, 24 Jul 2013 02:30:00 +0000 Thanks alfrescodining, i agree with the window bit. The parking shouldnt be a problem the 3 bedder vila has the same number of carspaces.
Hi financeshop, very reluctant to put the bed on the other side as I would sacrifice the only light access to the living area, also its much wider on the other side, so would rather make it as a living area

]]> 272001c127052d9566406a6b0dbb5872 mentee replied to the topic need a new loan for another IP in the forum Finance https://www.propertyinvesting.com/topic/4405221-need-a-new-loan-for-another-ip/#post-4659066 Mon, 21 Nov 2011 09:55:22 +0000 Hi Richard, Apology I wasn't including one other important information, we are contemplating if we are going to move in to the new  property, and hence the reason for funding the deposit as well as bringing all the MISA funds across. To be honest with you the lending manager at CBA has done a credit check on us on the pre-approval, is this mean I…[Read more]

]]> 3204b2e1aa714e6b2957160a61c72cf2 mentee replied to the topic need a new loan for another IP in the forum Finance https://www.propertyinvesting.com/topic/4405221-need-a-new-loan-for-another-ip/#post-4659064 Sun, 20 Nov 2011 21:10:10 +0000 Qlds007 wrote:
AJ hate to say i dont think you will have any success with NAB wanting to go to 1% discount.They will wheel out the line that they have the lowest standard variable rate and cant do much better than that.In regards to CBA as Jamie has pointed out 1% is par for the course however they will want to X collaterlise all 3 loans which…[Read more]

]]> a1439cb742e2711598e830ffb13da9f2 mentee replied to the topic need a new loan for another IP in the forum Finance https://www.propertyinvesting.com/topic/4405221-need-a-new-loan-for-another-ip/#post-4659062 Sun, 20 Nov 2011 09:08:49 +0000 Thanks Jamie,I'm inviting a NAB mobile lender to drop by sometime next week. Do you by any chance has a broker to recommend in inner melbourne, south area? Thanks heaps.Perhaps the moderator can help clean up the spams :)CheersAJ

]]> 97b8e8653ec38d44ee72fb7209585ea0 mentee replied to the topic Add a bathroom in a 2 bed villa in the forum Value Adding https://www.propertyinvesting.com/topic/4405028-add-a-bathroom-in-a-2-bed-villa/#post-4657878 Mon, 24 Oct 2011 09:20:50 +0000 Thanks for your input wisepearl, would be really keen to see how you go with inspection.

]]> b2ae47b052c014366c786ea02b2d735a mentee replied to the topic Add a bathroom in a 2 bed villa in the forum Value Adding https://www.propertyinvesting.com/topic/4405028-add-a-bathroom-in-a-2-bed-villa/#post-4657875 Sun, 23 Oct 2011 09:46:19 +0000 Thanks Swampy, I've check the regulations in victoria, from consumers.vic.gov.au, basically it says:"Lot owners in an owners corporation are entitled to renovate or refurbish the interior of their apartment or unit. A lot owner must notify the owners corporation if the renovations require a building or planning permit."Just wondering if anyone has…[Read more]

]]> 2dcd62f8808cf8d1898302bb1091eb35 mentee replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Value Adding https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/14/#post-4602762 Mon, 15 Nov 2010 05:18:14 +0000 Thanks heaps for the report Mike.Appreciate it very muchCheersAJ

]]> 903362896e479157583a7c5116406724 mentee replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Value Adding https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/#post-4602502 Wed, 22 Apr 2009 05:19:58 +0000 Thanks heaps. Excellent report.Cheers

]]> a010f05302560673534c9531d5832d80 mentee replied to the topic Building inspector required (urgent) in the forum Help Needed! https://www.propertyinvesting.com/topic/4387045-building-inspector-required-urgent/#post-4555810 Fri, 13 Oct 2006 13:36:41 +0000 Thanks guys, really appreciate it.

]]> a955e63fd973ece30e657c032b0ed13c mentee replied to the topic Building inspector required (urgent) in the forum Help Needed! https://www.propertyinvesting.com/topic/4387045-building-inspector-required-urgent/#post-4555807 Fri, 13 Oct 2006 02:02:52 +0000 Anyone can recommend a good one?

]]> 0b73303bb7e553c9993fbf72f83f8898 mentee replied to the topic Auctions in the forum Help Needed! https://www.propertyinvesting.com/topic/4387042-auctions-3/#post-4555801 Thu, 12 Oct 2006 08:56:50 +0000 Thanks for asking the question Lena, this is something that i need to know asap as well. As far as i know, there are a “special conditions” in the Contract of Sale, which specify that purchaser has inspected the property prior to the day of sale. Can put a cross on this clause??? and add on my clauses???
And is it required to sign the contract of…[Read more]

]]> deff109270980c67a577410e57214c3f mentee replied to the topic Room Room rentals / Student Housing PROs & CONs in the forum Help Needed! https://www.propertyinvesting.com/topic/4387009-room-room-rentals-student-housing-pros-cons/#post-4555628 Mon, 09 Oct 2006 02:31:28 +0000 Gerry, how much do you charge them?
are you winning with the $10 per week electricity?

]]> 8194b576714bb3c404f7c5f69615079b mentee replied to the topic 50 years old house in the forum Help Needed! https://www.propertyinvesting.com/topic/4386959-50-years-old-house/#post-4555421 Fri, 06 Oct 2006 09:18:43 +0000 Check how water drains away from sinks ie slowly or reasonably. If possible check hot water works.
Thanks Duckie, however can you enlighten me further of what i’m checking here?
Is these things will come up in the building insp. report?

]]> d68fbca17fde131b614071ba9439e11d mentee replied to the topic 50 years old house in the forum No Subject https://www.propertyinvesting.com/topic/4386959-50-years-old-house/#post-4555416 Thu, 05 Oct 2006 06:59:42 +0000 Any thoughts?? anyone???

]]> e702ced13c26154b9e37381743d8c98e mentee replied to the topic submitting an offer in the forum Help Needed! https://www.propertyinvesting.com/topic/4386936-submitting-an-offer-3/#post-4555352 Tue, 03 Oct 2006 09:11:00 +0000 Thanks for the support guys,
An update today is the agent rang me and letting me knoe that quick settlement is good, but price is not good. and he said that at this point, auction will be happening in a coouple of weeks.

Munno, how many days have you offer your agent? providing this one will go to auction is acouple of weeks.
Cheers

]]> 7e49afd65cbc62ebeca3a1fd1c5acffa mentee replied to the topic submitting an offer in the forum Help Needed! https://www.propertyinvesting.com/topic/4386936-submitting-an-offer-3/#post-4555349 Mon, 02 Oct 2006 08:18:00 +0000 you may be right sargeant, i gave my offer to the agent this morning for 257K and straight away the agent told me that someone offer 260K already. when i mention quick settlement, then he started to get more excited. :))
Anyone knows how long normally this kind of negotiation last, do the REA come back to you the next day or…? considering the…[Read more]

]]> a5722c44ab263103b18c59f6bc6cf9aa mentee replied to the topic is it worth it ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386922-is-it-worth-it-2/#post-4555295 Sat, 30 Sep 2006 11:00:58 +0000 Thanks for all your input guys,
The auction was actualy today (this morning).
and i decided not to get it, although it sold about 60k cheaper.
i just think the whole place was too messy and realistically I need a bulldozer and start over just to be safe.
I found more problem than just the stumps, the ceiling were cracked everywhere, and on some…[Read more]

]]> afa220b86387266064c9ec1dcf5c1ef8 mentee replied to the topic is it worth it ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386922-is-it-worth-it-2/#post-4555292 Fri, 29 Sep 2006 23:31:09 +0000 It is a brick veneer house actually

]]> e2d6256b7023577bab2f62319bf021ac mentee replied to the topic is it worth it ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386922-is-it-worth-it-2/#post-4555290 Fri, 29 Sep 2006 22:25:15 +0000 Thanks guys,

Jaffa you’re absolutely right, there is a brick wall cracked due to the movement. how much would you put aside for fixing the brick wall?
Cheers

]]> 68d02873449d69d543f58212cd75529a mentee replied to the topic Question from a newbie in the forum Help Needed! https://www.propertyinvesting.com/topic/4386747-question-from-a-newbie/#post-4554383 Wed, 13 Sep 2006 00:36:35 +0000 I have seen any property in this area for private sale. i guessed it is rare to find one these days.
Quoted “However, if you can find a motivated vendor combined with a slow market an auction could be perfect.”
What is the indication for the above?, or you just come and see on the auction day??
I’m sorry if i’m slow, I am still very new in the game.

]]> 7ff6707e1f8b83e7578d3b463bd4a3aa mentee replied to the topic Question from a newbie in the forum Help Needed! https://www.propertyinvesting.com/topic/4386747-question-from-a-newbie/#post-4554380 Tue, 12 Sep 2006 12:33:19 +0000 Does anyone know whre to grab sold prices for west footscray area, for 2-3brs house? and another question is what sort of commitment you getting into when you win an auction?
Thanks for all your replys, guys
cheers

]]> e029312dbdf172dce27d84852917049b mentee replied to the topic Question from a newbie in the forum Help Needed! https://www.propertyinvesting.com/topic/4386747-question-from-a-newbie/#post-4554377 Tue, 12 Sep 2006 07:57:35 +0000 Thanks guys,
so pretty much ($500) is too negative?
i’m assuming that for your first IP, you have to start with -CF. You will be considered extremely lucky if you can find a property with +CF on day one (except apartment, you got no CG though, correct?)
I’m realy keen in getting a 2-3br house around western area (prefably west /footscray, seddon,…[Read more]

]]> 9bbe81a7b638aef3485a33c38fd1b738 mentee replied to the topic Calling All Mentors in the forum Help Needed! https://www.propertyinvesting.com/topic/4386739-calling-all-mentors/#post-4554331 Mon, 11 Sep 2006 10:31:31 +0000 Thanks Simon.
Here is another thought.
What if i bought the house and use the FHOG benefit, rent out the other rooms to help with the mortgage.
Anyone out there done similar? Is it too much to maintain your property without RE agents? What do they do anyway,real-estate agents?

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