Hey Jerome,I'm not in an 'organised group' as such but all my friends and collegues are property investors. You are more than happy to flick me an email [email protected] and we can catch up and shoot the breeze. Some in our group have a couple of properties others have more than a dozen so you get a good spread. If you like us maybe we c…[Read more]
You all seem to be missing a very big point ….. It's the banks money, not yours, and they are not obligated to lend you anything just because you have lodged an application.No point bitching about valuations, property prices have moved and your strategies have to move with it.
WJ Hooker wrote:
Have you ever seen a course at tafe for fire alarm testing !!!.
Um, yes I have.
(2) Install and maintain – extra low voltage
(3) Maintain – extra low voltage
Scope of work
(1) For the licence class mentioned in section 1. above — certify, inspect and test fire detection, alarm and warni…[Read more]
perpetrator replied to the topic Has anyone leased upper and lower sections of house separately? in the forum We have done something very 13 years, 11 months ago
We have done something very similar near the uni in Brisbane, however, when we raised the house and built underneath we did not include any internal stairs so it really is 2 seperate dwellings which could have 2 seperate leases. We live upstairs and rent the bottom of the house out to students who pay for the mortgage. Best move I ever made. If we…[Read more]
Hi bothThere is no time frame to stop you purchasing again immediately subject to the usual income, equity and deposit requirments.Not sure how you structured the first loan but we normally have our clients purchase using an interest only with 100% offset account and then get them to put their First Home Owners Grant and deposit…[Read more]
Thanks Terryw, for both messages. I do need the money but only to invest elsewhere. The reason I was leaning towards a sale was because it seems that valuers are not so hard on purchases as they are on refinances.
OK, apparently I'm the only w*nker.I have two cars, a 2004 BMW M3 and a 2004 Mini Cooper S. Both of these cars are impractical, uneconomical and depreciating at a ridiculous rate. But you know what? I don't care. The reason I got into business and investing was to provide for myself in retirement and to improve my lifestyle. I have done both.
Hey Bespoke,I bought a property in South Brisbane this time last year for $220k, have spent $15k renovating it over the past month (didnt have the money 12 months ago) and now have a valuation of $290k. Most of it was just elbow grease. The yard was a mess, full of weeds / long grass / unkept tress and the inside was really dirty / broken windows…[Read more]
Deano76,Word of warning. Do your own due diligence and dont take their word as being Gospel. I have had experience with them and the property they were trying to sell had a rental return of X amount, however, it was only acheiving that because of an illegal addition to the property. They would not take steps to have this fixed until such time as I…[Read more]
No thoughts? None at all? Not even a single one? (Maybe I should post a topic to cause an arguement amoungst certain forum members and then slide a question in)I think its a great time to buy an investment property and no one can prove me wrong. (How's that?)
With this recession occuring, should I still invest in the stock market? I'm 15 and I want to get in early. I have been reading books on the subject of investing almost religiously. haha. Anyway should I get started at this time? I don't mind losing my saving if I learned something. Also what would you recommend investing in…[Read more]
SAS Building wrote:
Hi, If its for an investment property an you don't want any maintenance hassles down the track. i.e painting , rotting etc. I would go for metal / aluminium pickets. They are around $80 per lineal metre, so your 7 metres would be around $600, add $500 for install and your ahead. You could use the remaining $500 to plant a…[Read more]
perpetrator replied to the topic What’s the best Curtains/blinds for a rental property in the forum Value Adding 13 years, 12 months ago
It depends on where the property is and therefore the type of tenants you have in your property. I would recommend, however, if you are going to use vertical blinds to get the ones that have sewn in weights at the bottom and no 'chains' linking each one. We have these in a couple of our properties, they look good, are easy to clean and the t…[Read more]
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